Swedish carmaker, Volvo Cars announced a price hike in India across its model range by up to Rs.2.5 lakh. Volvo car announced the revision in prices quoting – “All the models would undergo an upward revision in the Ex-showroom prices by up to 2.5 per cent.” The carmaker’s most affordable model – the V40 D3 Kinetic, which was previously priced at ₹ 25.49 lakh has received a price hike of Rs.54, 750 and now costs Rs.26.04 lakh. On the other hand, the business’s flagship model the Volvo XC-90 T8 Excellence 4-seat plug-in hybrid that came for Rs.1.25 crore has become dearer by Rs.2.5 lakh and now it’s priced over Rs.1.27 crore. (All ex-showroom, Delhi) Stating the reason for the hike in prices Volvo Cars India said, “The increase is due to rise in input costs which affect all models sold in India. Volvo Cars focus has always been to provide the best-in-class products to our customers at a competitive price with class-leading safety and intuitive features offered as standard across models.
The revised pricing are applicable with effect from the 1st of April 2017. One of the latest additions to the business’s line, the all new Volvo S-90 is offered in India in only one optional and that too has received a price hike of Rs.1 lakh. While primarily the car was priced at Rs.53.50 lakh, the current pricing has gone up to Rs.54.50 lakh (ex-showroom, Delhi). Despite the price climb the Volvo S-90 still makes a much sweeter package compared to its rivals the Mercedes-Benz E-Class, Audi A6, BMW 5 Series and the Jaguar XF.
Currently, Volvo Cars India has a much comprehensive model range which includes Volvo V40 hatchback and the V40 Cross Country crossover, the S60 and the S60 Cross Country sedans and their flagship sedan, the Volvo S90. Among the SUVs, Volvo has – the XC-60 and the flagship XC-90 along with the Volvo XC-90 Excellence, which was also the nation’s first plug in hybrid SUV.