BMW India announces a price hike of 2% from January 1

The price hike was influenced by several factors, including fluctuations in exchange rates and rising input costs.

BMW India has announced a price increase of up to 2% across its model range. The new prices will be effective from January 1, 2024.

According to Vikram Pawah, President of BMW Group India, the decision to implement a price increase was influenced by several factors, including fluctuations in exchange rates and rising input costs.

BMW India’s product line-up includes the BMW 2 Series Gran Coupe, BMW 3 Series Gran Limousine, BMW M 340i, BMW 5 Series, BMW 6 Series, BMW 7 Series, BMW X1, BMW X3, BMW X5, BMW X7 and MINI Countryman. These cars are locally produced.

BMW also offers a wide range of performance models and electric vehicles that are imported as completely built units (CBUs). These include the BMW Z4, BMW M4 Coupe, BMW X3 M40i, BMW X4 M40i, BMW M5, BMW M8 Coupe, BMW XM and the electric cars BMW iX1, BMW i4, BMW i7 and BMW iX.