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After Mercedes, BMW India announces price hike of up to 3% from January

Business Standard LogoBusiness Standard13h ago

After Mercedes, BMW India announces price hike of up to 3% from January - Business Standard

Quick Summary:

Last week, Mercedes-Benz had announced to hike the prices of its vehicles in India by up to 3 per cent on its entire model range in the portfolio from January 1, 2025, citing a rise in input costs, inflationary pressures and higher operational expenses.

Luxury carmaker BMW India on Friday said it will increase prices of its entire model range by up to 3 per cent from January next year.

The company's range of locally produced cars includes the 2 Series Gran Coupe, 3 Series Long Wheelbase, 5 Series Long Wheelbase, 7 Series Long Wheelbase, X1, X3, X5, X7 and M340i.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 16:56:06 (13 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 242 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23764530

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 345 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 5 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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