BMW India has announced that it will increase prices of its entire product portfolio by up to 4 %, with effect from 1 January 2019. The luxury vehicle manufacturer did not attribute the price hike to any particular reason.
Vikram Pawah, Chairman, BMW Group India, said the company remains at the forefront of the luxury car market. From 1 January, 2019, BMW India will increase the prices of its cars by up to 4 %, he added. BMW India will continue to present an attractive value to customers through pioneering products, best-in-class service experience, and comprehensive financial solutions and offers, Pawah noted.
BMW currently locally produces the 3 Series, 3 Series Gran Turismo, 5 Series, 6 Series Gran Turismo, 7 Series, X1, X3, X5 and the MINI Countryman. The company also offers models such as the BMW X6, Z4, M2 Competition, M3 Sedan, M4 Coupe, M5 Sedan, X5 M, X6 M and i8 as completely built-up units (CBU).