BMW India has announced a price hike of up to 3% across its range of cars starting 1 January 2025. The increase will affect both locally produced models and imported cars Luxury comes with a price tag, and for BMW fans in India, that tag is about to get heavier. Starting 1 January 2025, BMW India will raise prices across its entire model lineup by up to 3%.
This hike applies to cars made locally as well as those brought in as fully built units. So, whether you’re eyeing a compact 2 Series Gran Coupe or a sleek BMW i7 electric sedan, it’s time to rethink your budget. What’s Getting Pricier? The increase covers BMW’s popular locally produced models, which include: For those who prefer imported models, the list is longer and even more premium.
It includes luxury EVs like the BMW i4 and iX, sporty coupes like the Z4 M40i, and the extravagant hybrid BMW XM. BMW isn’t just hiking prices on cars with internal combustion engines but also on electric vehicles (EVs) and plug-in hybrids. This suggests that the higher costs of production and import duties are being passed down to customers.
Why the Price Hike? BMW hasn’t given a detailed explanation, but industry experts point to rising input costs, fluctuating foreign exchange rates, and inflation as the usual suspects. With the Indian rupee currently trading at around ₹84.42 against the US dollar, the cost of bringing in these high-end vehicles is biting harder than ever.
Local production does offer some cushion, but even.