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Volvo India Revises Price across all models

Volvo India Revises Price across all models

Snapshot: Volvo India has revised the prices of its product to increase the Ex-showroom prices by 3%

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The Indian arm Swedish car manufacturer, Volvo has revised the prices across the entire model range. The company has revised the prices of its product to increase the Ex-showroom prices by 3%, this increase is due proposed taxation norms on cars in Union Budget 2016, in which an ‘infrastructural cess’ as well as an additional ‘luxury tax’ was announced and hence, the Swedish luxury automaker has no option left but to increase the price of its models.

This is not it, Volvo has considerably reduced prices of some models like the V40 Cross Country D3 Inscription has been reduced by Rs 304,000, the S60 Kinetic reduced by INR 151,000, and S60 Momentum, which was priced at Rs 35,25,000 is now for Rs 35,00,970, reduced by Rs 24,000.

Click here to read about S60 Cross Country!

Speaking on the price revision, Mr Tom von Bonsdorff, Managing Director, Volvo Auto India said, “This year’s budget has forced us to relook at the pricing in order to provide the best in class products to our customers. At the same time, we are pleased to be able to offer significant price reduction on S60 Kinetic, S60 Momentum and V40 Cross Country D3 Inscription variants, without compromising on the features and specification levels. Efficiencies of scale have enabled us reduce cost and hence pass on the price discount to our customers.”

Below is the Revised Price of the models:

 

 

MODEL

 

Old

New

S60 Kinetic

INR

32,40,000

30,88,970

S60 Momentum

INR

35,25,000

35,00,970

S60 Inscription

INR

38,35,000

39,03,700

S60 R-Design

INR

40,25,000

41,71,500

S60 Cross Country Inscription

INR

NA

38,90,000

S60 T6 Petrol

INR

42,00,000

43,26,000

XC60 Kinetic

INR

43,50,000

44,80,500

XC60 Momentum

INR

46,60,000

47,99,800

XC60 Inscription

INR

50,20,000

51,70,600

XC60 R-Design

INR

52,00,000

53,56,000

XC90 Momentum

INR

68,90,000

70,96,700

XC90 Inscription

INR

77,90,000

80,23,700

V40 D3 Kinetic

INR

24,75,000

25,49,250

V40 R-Design

INR

27,70,000

28,53,100

V40 Cross Country D3 Inscription

INR

32,50,000

29,45,800

V40 Cross Country T4 Petrol

INR

26,50,000

27,29,500

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