BMW to hike prices by up to 2% from January 4, 2021
Prices of all BMW and Mini models will increase by up to 2% from January 4, 2021.
According to BMW, the prices are being increased to offset the increasing input costs and to ensure dealer profitability and sustainable growth.
BMW’s locally produced models include the 2 Series Gran Coupe, 3 Series, 3 Series Gran Turismo, 5 Series, 6 Series Gran Turismo, 7 Series, X1, X3, X4, X5 and X7. The Mini Countryman is also assembled in India using completely knocked down (CKD) kits.
The BMW 8 Series Gran Coupe, X6, Z4, M2 Competition, M5 Competition, M8 Coupe, X3 M and X5 M are imported via the completely built unit (CBU) route. Similarly, the Mini 3-Door, 5-Door, Convertible, Clubman and John Cooper Works Hatch are also imported as CBUs.
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