New Delhi, Nov 22 (PTI) German luxury car maker BMW Thursday said it will increase prices in India by up to 4 per cent with effect from January next year. Also Read - Monsoon Session Day 2: Lok Sabha Passes Essential Commodities Bill to Raise Farmer Income, Boost Agri Sector | Highlights
The company sells a variety of vehicles in India ranging from SUV X1 to 7 Series sedan, priced between Rs 34.5 lakh and Rs 2.45 crore (ex-showroom). Also Read - 'Jammu And Kashmir to Reopen For Tourism Soon', Says J&K Administration
“From January 1, 2019, BMW India will increase the prices of its cars by up to 4 per cent,” BMW Group India Chairman Vikram Pawah said in a statement. Also Read - COVID-19: Centre Announces Guidelines For Unlock 2, Lockdown Till July 31 in Containment Zones
The company, however, did not give any specific reason for the price hike.
This is published unedited from the PTI feed.