As the year is about to come to an end, car manufacturers roll out various schemes and benefits to lure customers into helping them clear their inventories. Even dealers wear the hat of a Finance Minister and predict by themselves that cars will become expensive starting next year and you’d be the smartest person to buy a car that becomes a year older within a month. However, like our age, prices will rise and that is the truth.
Now, BMW Group India has announced a price increase of up to 5 per cent across the BMW and MINI product range effective 1 January 2015. Mr. Philipp von Sahr, President, BMW Group India said, “The success of BMW Group India has always been built on long-term thinking and responsible action. We want to maintain sustainable leadership in the Indian market with a strong brand and an exceptional model range with unbeatable product substance. With the price increase, BMW Group will maintain its premium positioning in the Indian luxury car segment.”