Published : 16 December 2023
Read Time : 5 min
Author: Nikil Jonathan
Volvo India have announced a price increase of up to 2% on its entire model range owing to rising input and volatile foreign exchange rates. The price hike will be effective from 1 January, 2024. Hence, now may be a good time to book your dream Volvo.
Volvo’s current Indian portfolio includes electric, mild-hybrids and ICE vehicles such as:
- C40 Recharge
- XC40 Recharge
- XC90
- XC60
- S90
Here’s what Volvo have to say about the price hike:
“The decision to adjust prices is in response to evolving market dynamics, forex exchange rate fluctuations, and rising input costs. This move aims to maintain a crucial balance, ensuring the continued delivery of high standards and best driving experiences, reaffirming our commitment to uncompromised quality and safety” said Mr. Jyoti Malhotra, Managing Director, Volvo Car India.
Also Read: Audi India Announce Price Hike Effective January 1, 2024
Maruti Suzuki To Increase Prices On January 1, 2024
Hyundai India To Increase Prices On January 1, 2024
MG Motor India To Increase Prices On January 1, 2024
Note: Now Find Out The Fuel Price In India Using V3Cars