Volvo Auto India has announced a revision of prices across its car range. While the prices for almost all the models have been increased by 3 percent, two models from the company’s India model range have witnessed a reduction in price. According to an official statement by the company all the models from the Swedish carmaker would undergo an upward revision to increase the Ex-showroom prices by 3%. The company is attributing the price increase to the recently proposed taxation norms on cars across various categories in Budget 2016.
As mentioned before, the prices of two models have been reduced substantially, these models are the V40 Cross Country D3 Inscription (reduced by INR304,000), S60 Kinetic (reduced by INR151,000) and S60 Momentum (reduced by INR24,000). The revised prices shall be effective from 1st April, 2016
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 onS60 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.”
The Ex-showroom (Delhi) prices for all models are provided below
| 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 |