CarWale
    AD

    BMW, MINI products to cost more from January 1, 2014

    Authors Image

    Fleme Varkey

    6,255 Views
    BMW, MINI products to cost more from January 1, 2014

    Luxury on wheels will now cost you a little more. German carmaker BMW has announced that from January 1, 2014, BMW and MINI cars are set to get more expensive as the group has announced a seven per cent to 10 per cent price increase across its products.

    Not a very good start to the New Year for BMW customers, but the company believes that profitability and growth should be achieved simultaneously. Commenting on their move, Philipp von Sahr, president, BMW Group India said, “At BMW Group, we believe that both profitability and growth are essential for a win-win situation at the end. We are making price decisions with all due care and consideration ensuring that they pay off in the long run.”

    The cars that are produced by BMW at their Chennai plant itself, like the 1 Series, the 3 Series, the 5 Series, the 7 Series, the X1 and the X3 will show a marginal increase. The rest of the products, especially those that are bought in as completely built-up units will be heavy on the pocket. The BMW 6 Series Coupe, the 6 Series Convertible, the 6 Series Gran Coupe, the X5, the X6 and the BMW Z4 are presently available in the country as CBUs.

    Previously at the launch of the BMW Z4 Roadster, the BMW Chief was quoted in an article by Financial Express as saying, “We do not want to be No. 1 at any price. Unlike competition, BMW will not enter the market with discounted cars. We are a premium brand selling a premium product at premium price. If you give discounts you are out of the market.”

    The BMW group also believes that they do not see growth returning to the Indian market and would therefore be concentrating on their own company’s rise. This move could gain the competition some customers but the German automaker is confident that this price rise will be beneficial to them in the long run.

    Source: Financial Express

    Related News

    Popular News

    Recent News

    BMW 1 Series Gallery

    Featured Cars

    • HATCHBACKS
    • JUST LAUNCHED
    • Upcoming
    Tata Tiago
    Tata Tiago
    Rs. 5.00 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Maruti Suzuki Swift
    Maruti Swift
    Rs. 6.49 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Tata Altroz
    Tata Altroz
    Rs. 6.50 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Maruti Suzuki Baleno
    Maruti Baleno
    Rs. 6.66 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Hyundai Grand i10 Nios
    Hyundai Grand i10 Nios
    Rs. 5.92 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Maruti Suzuki Alto K10
    Maruti Alto K10
    Rs. 3.99 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Renault Kwid
    Renault Kwid
    Rs. 4.70 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Hyundai i20
    Hyundai i20
    Rs. 7.04 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Skoda Kylaq
    Skoda Kylaq
    Rs. 7.89 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    JUST LAUNCHED
    6th NOV
    Mercedes-Benz AMG G-Class
    Mercedes-Benz AMG G-Class
    Rs. 3.60 Croreonwards
    Avg. Ex-Showroom price
    Show price in my city
    JUST LAUNCHED
    22nd OCT
    Volvo EX40
    Volvo EX40
    Rs. 56.10 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Mercedes-Benz E-Class
    Mercedes-Benz E-Class
    Rs. 78.50 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    BYD eMax 7
    BYD eMax 7
    Rs. 26.90 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Nissan Magnite
    Nissan Magnite
    Rs. 6.00 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Kia Carnival
    Kia Carnival
    Rs. 63.90 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Kia EV9
    Kia EV9
    Rs. 1.30 Croreonwards
    Avg. Ex-Showroom price
    Show price in my city
    Maruti Suzuki Dzire 2024
    LAUNCHING SOON
    Nov 2024
    Maruti Dzire 2024

    Rs. 7.00 - 10.00 LakhEstimated Price

    11th Nov 2024Expected Launch

    Get Launch Alert on WhatsApp

    Mercedes-Benz AMG C 63 S E-Performance
    LAUNCHING SOON
    Nov 2024
    Mercedes-Benz AMG C 63 S E-Performance

    Rs. 2.00 - 2.10 CroreEstimated Price

    12th Nov 2024Expected Launch

    Get Launch Alert on WhatsApp

    Mahindra BE 6e
    Mahindra BE 6e

    Rs. 17.00 - 21.00 LakhEstimated Price

    26th Nov 2024Unveil Date

    Get Launch Alert on WhatsApp

    Mahindra XEV 9e
    Mahindra XEV 9e

    Rs. 50.00 - 52.00 LakhEstimated Price

    26th Nov 2024Expected Launch

    Get Launch Alert on WhatsApp

    Audi Q6 e-tron
    Audi Q6 e-tron

    Rs. 1.00 - 1.10 CroreEstimated Price

    Dec 2024 (Tentative)Expected Launch

    Get Launch Alert on WhatsApp

    Mercedes-Benz G-Class with EQ Power
    Mercedes-Benz G-Class with EQ Power

    Rs. 3.04 - 5.00 CroreEstimated Price

    Dec 2024 (Tentative)Expected Launch

    Get Launch Alert on WhatsApp

    Honda New Amaze
    Honda New Amaze

    Rs. 7.50 - 10.00 LakhEstimated Price

    Dec 2024 (Tentative)Expected Launch

    Get Launch Alert on WhatsApp

    Mahindra XUV.e8
    Mahindra XUV.e8

    Rs. 21.00 - 30.00 LakhEstimated Price

    Dec 2024 (Tentative)Expected Launch

    Get Launch Alert on WhatsApp

    AD
    • bmw-cars
    • other brands
    BMW 7 Series
    BMW 7 Series
    Rs. 1.82 Croreonwards
    Avg. Ex-Showroom price
    Show price in my city
    BMW 2 Series Gran Coupe
    BMW 2 Series Gran Coupe
    Rs. 43.90 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    BMW X1
    BMW X1
    Rs. 49.90 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city

    BMW 1 Series Price in India

    CityOn-Road Prices
    MumbaiRs. 27.89 Lakh
    BangaloreRs. 26.70 Lakh
    DelhiRs. 25.95 Lakh
    PuneRs. 28.51 Lakh
    HyderabadRs. 27.38 Lakh
    AhmedabadRs. 25.66 Lakh
    ChennaiRs. 27.75 Lakh
    KolkataRs. 25.62 Lakh
    ChandigarhRs. 25.36 Lakh

    Popular Videos

    Mail Image
    Sign up for our Newsletter
    Get all the latest updates from the automobile universe
    • Home
    • News
    • BMW, MINI products to cost more from January 1, 2014