Business Standard

BMW India to hike vehicle prices by up to 3.5% from April

The price increase will be brought into effect to adjust the material and logistics costs, impact of current geo-political situation and exchange rates, the German automaker said in a statement

Luxury car

Press Trust of India New Delhi
Luxury carmaker BMW India on Friday said it will increase prices of its entire model range by up to 3.5 per cent from April 1 to offset the impact of rise in input costs.
The price increase will be brought into effect to adjust the material and logistics costs, impact of current geo-political situation and exchange rates, the German automaker said in a statement.
The company sells a range of locally produced cars, including the 2 Series Gran Coupe, 3 Series, 3 Series Gran Limousine, M 340i, 5 Series, 6 Series Gran Turismo, 7 Series, X1, X3, X4, X5, X7 and MINI Countryman.
BMW dealerships also market 8 Series Gran Coupe, X6, Z4, M2 Competition, M5 Competition, M8 Coupe, X3 M, X5 M and iX which are available in the country as completely built-up units.
BMW India is a 100 per cent subsidiary of the BMW Group, and is headquartered in Gurugram.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Mar 25 2022 | 6:17 PM IST

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