SME Times News Bureau | 12 Apr, 2017
Luxury car manufacturer Volvo Auto India on Tuesday said that it has hiked prices across all its model range effective since April 1, 2017 due to the rise in input costs.
The revision ranges from a minimum of Rs 54,200 to Rs 250,000.
According to the company, its entire model range would undergo an upward revision in the ex-showroom prices by up to 2.5 percent.
"The increase is due to rise in input costs which affect all models sold in India," the company said in a statement.
"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."