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BMW India to hike vehicle prices by up to 3.5 percent from April 1

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.

|Mar 29, 2022, 14:54:24 IST

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 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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BMW India to hike vehicle prices by up to 3.5 percent from April 1

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Tesla's Cybercab to feature built-in Starlink antenna, bringing satellite internet to robotaxis

US rejects Tesla bid to avoid recall of nearly 20,000 vehicles over headlight issue

IIT Kanpur study finds no evidence E20 petrol damages engines, says mileage impact is minimal

As Nissan expands its line-up from one model to four, the carmaker is betting on affordable SUVs, exports and ICE volumes before making its EV play

Volkswagen layoffs could hit 1 lakh as CEO warns of deeper cost overhaul