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Toyota Kirloskar Motor announces upcoming price hike for Camry Hybrid & Vellfire models
Toyota Kirloskar Motor (TKM) today announced its decision to implement a price increase for Camry Hybrid Electric Vehicle and The Vellfire with effect from July 2020. The impending hike have been necessitated due to the substantial rise in exchange rate. Touted as one of Toyota’s flagship models amongst self-charging electric vehicles, the new generation Camry Hybrid Electric Vehicle redefines luxury sedan experience with its dynamic performance, styling & com...
Nissan India to increase prices from New Year
Nissan India today announced a price hike of up to 5% across its models. The revised prices will be applicable across all available models for Nissan and Datsun, effective January 2021. Rakesh Srivastava, Managing Director, Nissan Motor India Pvt Ltd, said, “With the launch of the all new Nissan Magnite, Nissan has reiterated its commitment to offer innovative and exciting products under the Nissan brand. Nissan aims to offer the best value proposition to its cus...
Nissan India to increase prices from April 2021
Nissan India has announced a price hike across all available models for Nissan and Datsun, effective from 1st April 2021. ”There has been continuous escalation in auto component prices, and we have tried to absorb this escalation over the last few months. "We are now constrained to ncrease our prices across all Nissan and Datsun models, the increase varies from variant to variant, while still offering the best value proposition to its discerning Indian customers," ...
TKM to realign prices of its models from next month
TKM today indicated that the company will realign the prices of its models, with effect from 1st April 2021. This increase is necessitated to offset the substantial increase in input costs. During such testing times, it has been our endeavor to absorb cost increases through our internal efforts, and only a minimal portion will be reflected onto the prices. As a customer-centric company, we reinforce our commitment to cater to the ever-evolving needs of our customers by consciously minimi...
Tata Motors announces price hike
Tata Motors, India’s leading vehicle manufacturer has announced that effective 8th May, it will increase prices of its passenger vehicles, averaging 1.8%, depending on the variant and model. Continuing its commitment towards customers, Tata Motors will offer protection from the price increase to customers who have booked Tata passenger vehicles on or before 7th May. For the wellbeing of its business and supporting ecosystem, the Company had recently announced that it ...
Tata Motors increases passenger vehicle prices by 0.8%
Tata Motors, India’s leading vehicle manufacturer has announced that effective 3rd August, it will increase prices of its passenger vehicles, on an average of 0.8%, depending on the variant and model. Continuing with its commitment towards customers, and acknowledging the faith and confidence they have reposed in Tata Motors’ New Forever range, the company will offer protection from the price increase to vehicles that will be retailed on or before 31st August&rs...
Audi India announces price increase across model range
Audi, the German luxury car manufacturer today, announced a price increase of up to 3 percent across its entire model range owing to rising input and operational costs. Mr. Balbir Singh Dhillon, Head of Audi India, said, ‘The Audi India strategy focuses on a sustainable business model. To offset rising input and operational costs, a price correction is necessary. The new price range of our select vehicles will ensure the brand's premium price positioning thereby assurin...
Volvo Car India announces price hike
Swedish luxury car maker Volvo Car India today announced an increase in the ex-showroom prices of its cars in India ranging between rupees one to three lakhs due to rise in input costs. The new prices would be effective from January 1, 2022. The new model wise ex-showroom prices are as follows: Model Variant Type Existing Ex-Showroom Price New Ex-Showroom Price (w.e.f. Jan 1, 202...
BMW India to increase prices effective April 1st, 2022
BMW India has announced a price increase of up to 3.5% across the BMW model range effective 01 April 2022. The price increase will be brought into effect to adjust the material and logistics costs, impact of current geo-political situation and exchange rates. The range of locally produced cars include 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 C...
Tata Motors announces price hike on its Passenger Vehicles
Tata Motors, India’s leading vehicle manufacturer has announced a marginal price increase across its passenger vehicles. Effective November 7, 2022, weighted average increase will be 0.9%, depending on the variant and model. According to Tata Motors, "The company has been absorbing a significant portion of the increased costs but the steep rise in overall input costs has compelled it to pass on some proportion through this minimal price hike." &...
Renault India announces price increase from January 2023
Renault, the Number One European automotive brand in India, announced that it will increase prices across its range of cars, effective from January 2023. Reasons for the price hike are to partially offset the impact of constant increases in input costs largely driven by pricier commodities, fluctuations in foreign exchange rates, inflation and also due to regulatory obligations. India is a key market for Renault, with a long-term strategy to grow the brand in the dynami...
Volvo Car India announces price hike on Petrol Mild-Hybrid models
Volvo Car India today announced a price increase in the ex-showroom prices of its petrol mild-hybrid models with immediate effect. The prices of the mild hybrid variants of the popular XC40, XC60, S90 and XC90 have been increased by 1% to 2% as a result of the increase in customs duty as announced in the recent budget. Subsequent to the price increase the ex-showroom price of the XC40 B4 Mild Hybrid will now be INR 46,40,000 (ex- showroom), XC60 B5 Mild Hybrid will cost INR 67,50,000...
Audi India announces price hike on select models
Audi, the German luxury car manufacturer today, announced a price increase of 1.6 percent on the Audi Q3 and Audi Q3 Sportback starting May 01, 2023. The brand also recently increased the prices of the Audi Q8 Celebration, Audi RS5 and Audi S5 by up to 2.4 percent. Commenting on the price hike, Mr. Balbir Singh Dhillon, Head of Audi India, said, "At Audi India, we strive to give our customers the best, but the rise in custom duty and input costs have compelled us to amend our pri...
Tata Motors to increase prices of its passenger vehicles, effective May 1st, 2023
Tata Motors, India’s leading vehicle manufacturer today announced that it will marginally increase price of its passenger vehicles from May 1, 2023. The weighted average increase will be 0.6%, depending on the variant and model. Tata Motors has been absorbing a significant portion of the increased costs on account of regulatory changes and rise in overall input costs and is hence compelled to pass on some proportion through this hike.
Tata Motors to take a marginal price hike on its Passenger Vehicles
Tata Motors, India’s leading vehicle manufacturer has announced that it will increase prices of its passenger vehicles (ICE and EVs), effective July 17, 2023, on an average of 0.6% across models and variants. The price increase is to offset the residual impact of the past input costs. Tata Motors will offer price protection to bookings made upto July 16, 2023 and deliveries upto July 31, 2023.
Kia announces price hike across its line-up starting April 1, 2024
Kia India, a leading premium carmaker, has announced up to 3% price increase across all its mass models, including Seltos, Sonet & Carens, starting April 1, 2024. This decision is attributed to the escalation in commodity prices and supply chain-related inputs. It marks the first price adjustment by the company this year. Commenting on the price adjustment, Mr. Hardeep Singh Brar, National Head -Sales and Marketing, Kia India said, "At Kia, we consistently strive t...
