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BMW India Announces Up To 2% Price Hike Starting January 1, 2024!

By:Reema Bohra
Updated On: December 12, 2023 15:06 IST
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BMW India Announces Up To 2% Price Hike Starting January 1, 2024!

KEY HIGHLIGHTS

  • BMW India announces up to a 2% price hike across models 
  • Financial Services offers customized financial plans for peace of mind
  • BMW Group has invested over Rs 5.2 billion in India
  • Over 80 touchpoints across the country

As we approach the end of the year, 2024 is on the horizon, and BMW India is set to begin the new year with a subtle adjustment. They've shared plans for a modest up to 2% price increase across their model range, taking effect from January 1, 2024. Delve into the details below for a comprehensive understanding of this update.

Also Read: Citroen India To Implement Price Hike From Jan 1, 2024; All Details

BMW India - Discover Details!

BMW iX1 xDrive30

As per the official statement, BMW India has chosen to raise prices across its models, considering various factors such as changing dynamics, currency fluctuations, and increasing input costs. This adjustment aims to maintain the delicate balance, ensuring that BMW can consistently deliver the quality and powerful experience synonymous with BMW vehicles that our customers expect.

Customers can also Experience peace of mind with personalized financial plans from BMW. The 360ڠFinance Plan offers attractive monthly instalments, a competitive interest rate, guaranteed buy-back options, and flexible term-end choices. Exclusive offers are available on select models with BMW India Financial Services.

Also Read: Mahindra XUV300 Facelift To Hit Showrooms By February 2024!!

As a wholly-owned subsidiary of the BMW Group, BMW India, headquartered in Gurugram, has received over Rs 5.2 billion (, 72 million) in investments. The diverse operations in India encompass a manufacturing plant in Chennai, a parts warehouse in Pune, a training centre in Gurugram NCR, and the establishment of a dealer network across major metropolitan centres. Presently, BMW Group India boasts over 80 touchpoints, employing a total of 650 individuals, ensuring a robust presence in the Indian market.

BMW's locally crafted lineup comprises the BMW 2 Series Gran Coupe, BMW 3 Series Gran Limousine, BMW M 340i, BMW 5 Series, BMW 6 Series, BMW 7 Series, BMW X1, BMW X3, BMW X5, BMW X7, and MINI Countryman. Explore BMW showrooms showcasing models like the BMW Z4, BMW M4 Coupe, BMW X3 M40i, BMW X4 M40i, BMW M5, BMW M8 Coupe, BMW XM, and electric gems like BMW iX1, BMW i4, BMW i7, and BMW iX, available as completely built-up units (CBU).

Verdict

BMW India's price increase reflects a strategic response to market changes and cost challenges. Emphasizing local production, a varied model range, and tailored financial plans from BMW India Financial Services helps sustain the brand's premium image. Despite the adjustment, exclusive offers and financing options cater to customer needs amid economic shifts. Stay up to date with all the automotive news and updates by joining our 91Wheels Whatsapp Group today!

Also Read: Mahindra XUV300 Facelift Spied Testing Again: Launch Very Soon!

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