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BMW India to Hike Prices From January 2024

BMW India has joined the growing list of carmakers that will hike prices from the start of the new calendar year.
Price Hike of Two Per Cent
The German carmaker has said that it will be hiking prices across its range of cars and SUVs by up to 2 per cent with effect from January 1, 2024.
Rising Input Costs
The company said that the hike in pricing was necessitated by fluctuations in foreign exchange rates and rising input costs.
Best Ever Year in the Indian Market
The carmaker is currently on track for reporting its best year ever in the Indian market with 9,580 units sold as of end-September.
An Active Year in the Market
The carmaker had a very active 2023 in India with 22 new or facelifted models being launched in the market.
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