Volvo auto India climbs prices!
Due to the pressure of input costs, the luxury car manufacturer Volvo Auto India has hiked prices across all its model range effective since April 1, 2017. The statement issued by the management gives a clear picture on this price escalation.
According to the company, its entire model range would undergo an upward revision in the ex-showroom prices by up to 2.5 per cent. The revision ranges from a minimum of Rs 54,200 to Rs 250,000, the statement said.
It seems, the increase is due to the sizable 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 officials diplomatically justify this price hike!