BMW India's move of incrementing car prices can be attributed to the rise in input and operational costs. This price hike will affect the CBU as well as CKD models of both - BMW and MINI.
Vikram Pawah, President, BMW Group India said, "BMW India has been in the forefront of providing sheer driving pleasure to the Indian customers by introducing innovative products, building world-class dealerships and offering state-of-the-art services ahead of its time. In today’s economic conditions, to maintain our exceptional brand positioning and continue offering a distinct value proposition to our premium clientele, we have decided to marginally revise the prices of the BMW and MINI product portfolio."
Many carmakers in India have raised their product prices at the start of 2017. This price hike is mainly to offset the impact of rising costs and also due to the weakened rupee against the dollar.