Volvo revises India pricing for all its cars

All the models would undergo an upward revision to increase the Ex-showroom prices by 3%, the increase is a result of the recently proposed taxation norms on cars across various categories in Budget 2016. 

 

Prices of some models have been reduced substantially - V40 Cross Country D3 Inscription(reduced by INR304,000) S60 Kinetic (reduced by INR151,000) and S60 Momentum (reduced by INR24,000).

 

Speaking on the price revision, 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.”