Volvo Auto India to hike prices by up to 2% from April

Image
Press Trust of India New Delhi
Last Updated : Mar 24 2017 | 6:42 PM IST
Volvo Auto India will increase prices of vehicles across its model range by up to 2 per cent from April.
The increase is due to rise in input costs which affects all models sold in India, the company said in a statement.
The company sells a range of luxury cars and SUVs, from the V40 hatchback to plug-in hybrid SUV XC90 Excellence, which are priced between Rs 25.49 lakh and Rs 1.25 crore.
"All the models would undergo an upward revision in the ex-showroom prices by up to 2.5 per cent. The revised prices shall be effective in April 2017," the company said.
On Tuesday, Honda Cars India had announced that it would hike prices of its models by up to Rs 10,000 from next month to offset higher freight charges and input costs.
Last week, German luxury car maker BMW had also announced that it would hike prices of its vehicles in India by around 2 per cent from next month.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 24 2017 | 6:42 PM IST

Next Story