BMW India to hike vehicle prices from April 1; check details
Gurugram (Haryana), March 26: BMW India has announced a price hike of up to 3.5 percent across the BMW model range starting from April 1, 2022. The price rise will be brought into effect to adjust changes in material and logistics costs, as well as the impact of current geopolitical issues and exchange rates.
The BMW 2 Series Gran Coupe, BMW 3 Series, BMW 3 Series Gran Limousine, BMW M 340i, BMW 5 Series, BMW 6 Series Gran Turismo, BMW 7 Series, BMW X1, BMW X3, BMW X4, BMW X5, BMW X7, and MINI Countryman are among the locally produced cars which will see a price hike.
BMW stores also display the BMW 8 Series Gran Coupe, BMW X6, BMW Z4, BMW M2 Competition, BMW M5 Competition, BMW M8 Coupe, BMW X3 M, BMW X5 M, and BMW iX, all of which are available in the country as completely built-up units (CBU).
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BMW India is based in Gurugram (National Capital Region) and is a fully owned subsidiary of the BMW Group. BMW India has received about INR 5.2 billion (EUR 72 million) in investment from the BMW Group.
A manufacturing plant in Chennai, a parts warehouse in Pune, a training centre in Gurugram NCR, and the development of a dealer organisation across the country are among the many projects underway in India.
BMW Group India currently has over 80 touchpoints in India and has a total workforce of 650 people.
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-PTC News
