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Volvo Car India announces price hike

Swedish luxury car maker Volvo Car India today announced that it would be increasing the ex-showroom prices of its luxury sedan S90 and premium SUVs, XC40, XC60 and XC90. Effective May 3rd, 2021, these models will see an upward price change ranging from INR 1 lakh to INR 2 lakh. The decision comes in the backdrop of rising input costs and weakening of the Indian currency. The last price hike by the company was announced in 2018 and thereafter it has maintained the price line for all its pr...