BMW, Mini set to raise prices

BMW has announced a price increase of up to 5 percent across its range of products on sale in India, including Mini cars, effective August 15, 2013.

Philipp von Sahr, president, BMW Group India said, "Following a path of sustainable growth, BMW Group India wants to maintain sustainable leadership in the Indian market with a strong brand and an exceptional model range with unbeatable product substance. The success of BMW Group India has always been built on long-term thinking and responsible action. We are making price decisions with all due care and consideration ensuring that they pay off in the long run. BMW India is committed to customers and is doing its best to ensure that the customers continue to enjoy Sheer Driving Pleasure."

To help customers drive away in their BMW or Mini before the price increase comes into effect, BMW Financial Services will offer a range of convenient and customised financing solutions. It will also offer BMW Lease for individuals and corporate customers along with insurance solutions through its cooperation partner in India.