Swedish luxury car maker Volvo Car India has announced an increase in the ex-showroom prices of some models like the XC90, XC60 and XC40 Recharge. The company has cited rising input cost pressures for this besides continued disruption of global supply chains leading to higher logistic costs. However, the prices of the S90 Petrol Mild-Hybrid, and XC40 Petrol Mild-Hybrid remain unchanged.
The select new model-wise ex-showroom prices are as follows:
While, the new prices are effective from 25 November 2022, the company has committed to price protection of customers who have pre-booked their cars till 24 November 2022. All new bookings after this date will attract new prices.
Jyoti Malhotra, Managing Director, Volvo Car India said: “The rising global inflation has forced us to share some of the rising input cost with our consumers. We have decided to hold the price line for all vehicles booked till today and effect the rise on select models from 25th November 2022. Prices of S90 Petrol Mild-Hybrid and XC40 Petrol Mild-Hybrid will remain unchanged.”