BMW India announces up to 2% price hike across models from January 1, 2024
The company cites the decision as a response to various factors, including evolving dynamics, exchange rate fluctuations, and rising input costs.
By Autocar Professional Bureau
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BMW India is set to implement a price increase of up to 2% across its model range starting January 1, 2024.
Vikram Pawah, President of BMW Group India, cites the decision as a response to various factors, including evolving dynamics, exchange rate fluctuations, and rising input costs.
The German luxury carmaker has joined Mahindra, MG, Ducati, Audi, and other manufacturers in implementing recent price increases for their vehicles.
The locally produced lineup includes models such as BMW 2 Series Gran Coupe, BMW 3 Series Gran Limousine, BMW M 340i, BMW 5 Series, BMW 6 Series, BMW 7 Series, BMW X1, BMW X3, BMW X5, BMW X7, and MINI Countryman.
Additionally, BMW dealerships feature imported models like BMW Z4, BMW M4 Coupe, and electric cars like BMW iX1, BMW i4, BMW i7, and BMW iX.
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