Volvo hikes car prices in India by up to 2.5% ‘due to rise in input costs’
Volvo Auto India raised prices of its cars by up to 2.5% "due to rise in input costs". The change in ex-showroom prices, which ranges from ₹54,200 to ₹2,50,000, will be effective on sales from April 1.
"The increase is due to rise in input costs which affect all models sold in India," the company said in a statement on Tuesday.
The effective prices are:
The Swedish luxury car company is owned by China's Geely Automobile Holdings Ltd.
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Volvo Auto India sells eight luxury models, ranging from a hatchback V40 to a hybrid SUV XC90 T8. The company's performance brand Polestar will debut in India on April 14, with the launch of luxury sports sedan S60 Polestar.
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