The carmaker said in a statement that the prices of the XC40, XC60, S90 and XC90 mild hybrid variants have been increased by 1-2 percent.
Volvo Cars India on Wednesday said it has increased the prices of its mild hybrid models by 2 percent to offset the impact of the duty hike in the budget.
The carmaker said in a statement that the prices of the XC40, XC60, S90 and XC90 mild hybrid variants have been increased by 1-2 percent.
After the price hike, the XC40 B4 Mild Hybrid will be priced at ₹ 46.4 lakh ex-showroom. XC60 B5 Mild Hybrid ₹ 67.5 lakh; S90 B5 mild hybrid at ₹ 67.9 lakh; XC90 B6 Mild Hybrid at ₹ 98.5 lakh.
Jyoti Malhotra, Managing Director, Volvo Cars India said, “Customs duty changes announced in the recent budget have resulted in cost increases for our petrol mild hybrid models. This has resulted in a marginal increase in the prices of our mild hybrids. Is.” .
Volvo’s newly launched pure electric SUV XC40 Recharge, all other petrol mild hybrids namely XC90 SUV, mid-size SUV XC60, compact luxury SUV XC40 and luxury sedan S90, are being assembled locally at the Bangalore plant.
