Volvo Set To Hike Car Prices On 1 January, 2024 (Press Release) | V3Cars

16 December 2023
By Nikil Jonathan
0

Volvo India have announced a price increase of up to 2% on its entire model range owing to rising input and volatile foreign exchange rates. The price hike will be effective from 1 January, 2024. Hence, now may be a good time to book your dream Volvo.

Volvo’s current Indian portfolio includes electric, mild-hybrids and ICE vehicles such as:

C40 Recharge
XC40 Recharge
XC90
XC60
S90

Here’s what Volvo have to say about the price hike:

“The decision to adjust prices is in response to evolving market dynamics, forex exchange rate fluctuations, and rising input costs. This move aims to maintain a crucial balance, ensuring the continued delivery of high standards and best driving experiences, reaffirming our commitment to uncompromised quality and safety” said Mr. Jyoti Malhotra, Managing Director, Volvo Car India.

Also Read: Audi India Announce Price Hike Effective January 1, 2024

Maruti Suzuki To Increase Prices On January 1, 2024

Hyundai India To Increase Prices On January 1, 2024

MG Motor India To Increase Prices On January 1, 2024

Note: Now Find Out The Fuel Price In India Using V3Cars

ABOUT THE AUTHOR

Nikil Jonathan

Nikil's a huge fan of classic cars, especially Italian beauties such as the Alfa Romeo Giulia Sprint and the Iso Grifo. His love for cars and bikes originated when he first laid his eyes on a poster of the Ferrari F40 and the MV Agusta F4 when he was just a child. He also loves all things analogue, especially vintage cameras and turntables.

Previous Next