Categories: Business

Volvo Auto India hikes prices

New Delhi, April 11 (IANS) Luxury car manufacturer Volvo Auto India on Tuesday said that it has hiked prices across all its model range effective since April 1, 2017 due to the rise in input costs.

The revision ranges from a minimum of Rs 54,200 to Rs 250,000.

According to the company, its entire model range would undergo an upward revision in the ex-showroom prices by up to 2.5 per cent.

"The increase is due to rise in input costs which affect all models sold in India," the company said in a statement.

"Volvo Cars focus has always been to provide the best-in-class products to our customers at a competitive price with class-leading safety and intuitive features offered as standard across models."

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

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