car price hike

Auto industry’s ability to hike prices will be lower in FY25 but value growth to be strong: Primus Partners

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Auto industry’s ability to hike prices will be lower in FY25 but value growth to be strong: Primus Partners

Mumbai: Automakers will have less of a pricing power this fiscal owing to a muted demand. As a result, the average price increase is expected to be 4% to 5% this fiscal as against 8% in fiscal 2023-24, according to Primus Partners, a management consulting firm. However, even as the volumes are expected to be … Read more

car price hike: BMW India to hike car prices up to 2 pc from Jan 1

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car price hike: BMW India to hike car prices up to 2 pc from Jan 1

New Delhi: German luxury carmaker BMW on Monday said it will increase the prices of its vehicles by up to 2 per cent across the model range from January 1 to partially offset the adverse impacts of fluctuations in foreign exchange rates and rising input costs. BMW India’s decision to implement a price increase across … Read more