Volvo to increase prices of its cars from April, 2017

Volvo India will increase the prices of its model by up to 2.5 percent from April due to the rising input cost.

By: | Updated: March 27, 2017 11:03 AM
 The models sold from 1st April, 2017 with revised prices will be sold across the company's dealerships in the country The models sold from 1st April, 2017 with revised prices will be sold across the company's dealerships in the country

The models sold from 1st April, 2017 with revised prices will be sold across the company's dealerships in the countryVolvo will increase the prices of its model range in the country starting from 1st April, 2017. Volvo India currently sells the V40, V40 Cross Country, S60, S60 Cross Country, S90, XC60 and the XC90 SUV and will increase the prices by up to 2.5 percent next month over the ex-showroom price.

The price hike has been attributed to rising input costs, a company release stated. The models sold from 1st April, 2017 with revised prices will be sold across the company's dealerships in the country, including Delhi, Gurgaon, Ahmedabad, Surat, Mumbai, Chandigarh, Coimbatore, Hyderabad, Chennai, Bangalore, Kochi, Vishakhapatnam, Kolkata, Vijayawada and Jaipur. The company is also planning to further expand its dealer network to Lucknow and Pune this year.

Volvo India is also planning to launch the new XC60 SUV that is expected to be launched in the country in 2018 or at the 2017 Auto Expo. The upcoming SUV has been officially revealed without any camouflage that suggests the 2018 Volvo XC60 will share its design from the XC90 such as the 'Thor Hammer' headlamp design with integrated LED DRLs (Daytime Running Lamps), LED headlamps and LED turn indicators.

The new Volvo XC60 is expected to be priced between Rs 51 lakh and Rs 60 lakh, ex-showroom Delhi and will compete with the likes of the Mercedes-Benz GLE, BMW X3 and the upcoming Audi Q5.

Also Read: Honda to increase prices from April 2017, here’s how much on which model

Not only Volvo, other car manufacturers like Honda and BMW have also announced to hike prices of its models range in the country from April, 2017. Honda will increase the prices of its models by around Rs 10,000, except the newly launched Honda WR-V. BMW, on the other hand, will increase the prices by around 2 percent from next month.

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