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

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

PTI Reported by: PTI New Delhi Published on: March 25, 2022 20:37 IST
BMW India, BMW India, BMW, luxury carmaker, vehicle price hike, BMW to hike prices, automobile,
Image Source : FILE PHOTO

BMW 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.

Highlights

  • Luxury carmaker BMW India said it will increase prices of its entire model range by up to 3.5%
  • The price increase will be brought into effect to adjust the material and logistics costs
  • BMW dealerships also market 8 Series Gran Coupe, X6, Z4, M2 Competition

Luxury carmaker BMW India on Friday said it will increase prices of its entire model range by up to 3.5 percent from April 1 to offset the impact of rising in input costs.

The price increase will be brought into effect to adjust the material and logistics costs, the impact of the current geopolitical 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 percent subsidiary of the BMW Group and is headquartered in Gurugram. 

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