Germany: German luxury car maker, BMW, has announced a price increase of up to 3.5% across the BMW model range effective April 1, 2022 in India. The price increase will be brought into effect to adjust the material and logistics costs, impact of current geo-political situation and exchange rates. BMW joins the list of Audi, Mercedes-Benz who have already announced price increase across range due to the above mentioned reasons.
The range of locally produced cars includes the BMW 2 Series Gran Coupe, BMW 3 Series, BMW 3 Series Gran Limousine, BMW M 340i, BMW 5 Series, BMW 6 Series Gran Turismo, BMW 7 Series, BMW X1, BMW X3, BMW X4, BMW X5, BMW X7 and MINI Countryman.
BMW dealerships also display BMW 8 Series Gran Coupe, BMW X6, BMW Z4, BMW M2 Competition, BMW M5 Competition, BMW M8 Coupe, BMW X3 M, BMW X5 M and BMW iX, which are available in the country as completely built-up units (CBU).
BMW India is a 100% subsidiary of the BMW Group and is headquartered in Gurugram (National Capital Region). Till date, BMW Group has invested over INR 5.2 billion (€ 72 million) in BMW India.
The wide range of activities in India includes a manufacturing plant in Chennai, a parts warehouse in Pune, a training centre in Gurugram NCR and the development of a dealer organisation across metropolitan centres of the country.