BMW to hike prices by up to 4 Percent from Jan 2019

As per a report on Economic Times German luxury carmaker BMW will increase prices of its vehicles by up to 4 percent from January 2019. The company currently sells a range of luxury cars priced from INR 34.5 lakh to INR 2.45 crore, all prices ex-showroom.

BMW price hike

In an official statement BMW Group Chairman Vikram Pawah said “From January 1, 2019, BMW India will increase the prices of its cars by up to 4 per cent,”.

BMW plans to launch 8 cars in the year 2019 starting with the X4, 2019 BMW 3-Series, X2, 2019 X5, and the flagship BMW 8-Series. BMW currently competes with Mercedes-Benz and Audi in the Indian market

Source

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