BMW India confirmed today that its automobile prices will rise from January 1, 2024, owing to growing input costs and currency changes, among other factors.
The prices of all BMW models will be increased by up to 2%.
The BMW 2 Series Gran Coupe, BMW 3 Series Gran Limousine, BMW M 340i, BMW 6 Series, BMW 5 Series, BMW 7 Series, BMW X1, BMW X3, BMW X5, BMW X7, and Mini Countryman are among the locally made vehicles.
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The BMW Z4, BMW M4 Coupe, BMW X3 M40i, BMW M5, BMW X4 M40i, BMW M8 Coupe, BMW XM, and electric vehicles such as the BMW iX1, BMW i4, BMW i7, and BMW iX are all available as fully built-up (CBU) variants in the nation.
“BMW India’s choice to implement a price increase across the model range is an intelligent response to a confluence of factors,” Vikram Pawah, President of BMW Group India, stated.
“In the face of evolving dynamics, fluctuations in exchange rates, and rising expenses for inputs, this price adjustment will sustain the crucial balance that allows us to continually provide the high standards and power-packed sensation our customers associate with BMW vehicles,” he went on to say.
BMW India, based in Gurugram, is a wholly-owned subsidiary of the BMW Group. BMW India has received approximately Rs 520 crore in investment from the BMW Group. A production factory in Chennai, a parts warehouse in Pune, a training center in Gurugram, and the development of dealer organizations around the country are all part of the company’s extensive activity in India.
