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BMW to increase prices in India by up to 4% from January: Chairman

The company, however, did not give any specific reason for the price hike

Press Trust of India  |  New Delhi 

BMW
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German luxury car maker on Thursday said it will increase prices in India by up to 4 per cent with effect from January next year.

The company sells a variety of vehicles in India ranging from SUV X1 to 7 Series sedan, priced between Rs 345,000 and Rs 24.5 million (ex-showroom).

"From January 1, 2019, India will increase the prices of its cars by up to 4 per cent," Group India Chairman Vikram Pawah said in a statement.

The company, however, did not give any specific reason for the price hike.

First Published: Thu, November 22 2018. 20:35 IST