Volvo Car India announces price hike of up to 1.8% on select models: Details

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Volvo Car India today announced an increase of up to 1.8% on the ex-showroom price of its models – XC90, XC60 and XC40 Recharge. The company states that continued disruption of global supply chains costs has led to an increase in input costs. However, the prices of the S90 Petrol Mild-Hybrid and XC40 Petrol Mild-Hybrid remain unchanged. The price hike will be effective from November 25, 2022, said Volvo.

Model Variant Type New Ex-showroom Price
XC90 B6 Ultimate Petrol Mild-Hybrid Rs 96.50 lakh
XC60 B5 Ultimate Petrol Mild-Hybrid Rs 66.50 lakh
XC40 Recharge P8 Ultimate Pure Electric Rs 56.90 lakh

Furthermore, Volvo Car India states that it is committed to price protection of customers who have booked their cars till 24th November 2022. All bookings after this date will attract new prices.
“The rising global inflation has forced us to share some of the rising input cost with our consumers. We have decided to hold the price line for all vehicles booked till today and effect the rise on select models from 25th November 2022. Prices of S90 Petrol Mild-Hybrid and XC40 Petrol Mild-Hybrid will remain unchanged,” said Jyoti Malhotra, Managing Director, Volvo Car India.

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Volvo has recently introduced the XC40 Recharge, XC90 electric SUV, XC60 mid-size SUV, XC40 compact SUV and petrol mild-hybrid S90 sedan in the Indian market. All these Volvo cars are being locally assembled at its Bangalore production facility. The brand states that the Volvo XC40 Recharge received 150 bookings in just 2 hours of opening of bookings.
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