You will not get this opportunity to buy a BMW car again, companies may cheat you on New Year!
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BMW Car Price Hike in India: Vehicle manufacturing companies manufacturing and selling cars in India are going to increase the prices of cars from the first day of the coming new year. If you have also planned to buy a car for your family, then book the car of your choice before the year 2023 ends. The prices of cars will increase as soon as the year 2024 begins. Meanwhile, there is also news that German car manufacturing company BMW has also decided to increase the prices of its car models. German luxury carmaker BMW has said it will increase prices of its cars by up to 2 per cent across all model ranges from January 1, 2024, to partially mitigate the adverse effects of foreign exchange rate fluctuations and rising costs. .
Increase in cost is the biggest reason
BMW Group India President Vikram Pawah has said in a statement issued by the company that BMW India has decided to increase the prices of all its model ranges. He said that the price increase due to changing dynamics, exchange rate fluctuations and rising input costs will maintain the important balance that allows us to continue to provide our customers with high standards and power-packed experiences with BMW cars.
BMW sells these cars in India
BMW India’s current line-up includes cars like 2 Series Gran Coupe, 3 Series Gran Limousine, M 340i, 5 Series, 6 Series, 7 Series, X1, X3, X5 and X7. Additionally, the CBU models on offer include fully electric offerings such as the Z4, M4 Coupe, X3 M40i, X4 M40i, M5, M8 Coupe, XM, ix1, i4, i7 and ix. Not only this, BMW India sells many luxury vehicles in India ranging from BMW 220i M Sport to BMW XM, whose price ranges between Rs 43.5 lakh to Rs 2.6 crore.
These companies are also going to increase the prices of cars
Apart from German car manufacturer BMW, domestic and foreign companies making and selling cars in India are also going to increase the prices of their cars from January 1, 2024. Among these companies, Maruti joins other passenger vehicle manufacturers like Suzuki India, Hyundai Motor India, Tata Motors, Mahindra & Mahindra, Honda and Audi.
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