From September 1, the cars of this company will become expensive, the price will be paid up to 3 percent
Germany’s leading luxury automaker company BMW announced on Thursday that it is going to increase the prices of all its cars and SUVs from 1 September 2025 to 3 percent. The company has explained this due to the fluctuations in foreign currency exchange rates and the frequent problems faced in the global supply chain. According to PTI news, BMW currently sells several luxury cars in India, including electric vehicles. The price of 2 Series Gran Coupé included in its portfolio starts at ₹ 46.9 lakhs, while the price of premium model like BMW XM goes up to ₹ 2.6 crore.
Current BMW Cars Prices (Xshorroom)
Bmw 2 series gran coupe
Price: Starts from ₹ 46.90 Lakh
BMW X1
Price: Starts from ₹ 51.50 Lakh
BMW X5
Price: Starts from ₹ 97.80 Lakh
BMW X7
Price: ₹ 1.31 – ₹ 1.35 crore
BMW M5
Price: ₹ 1.99 crore
BMW XM (Most expensive model)
Price: ₹ 2.60 Crore
BMW IX1 (Electric Model)
Price: ₹ 49.90 Lakh
BMW I4 (Electric)
Price: ₹ 72.50 – ₹ 77.50 Lakh
BMW i7 (Electric)
Price: ₹ 2.05 – ₹ 2.50 Crore
Why was it necessary to increase the price
According to the news, BMW Group India President and CEO Vikram Pawah said that the growth and sales performance in the first half of BMW India have been excellent. But due to challenges in constantly changing forex rates and supply chains, materials and logistics costs have increased, which has made it necessary to increase prices. He also added that in this festive season we are going to introduce many new, strong cars for our customers. Our premium cars remain strong and we will continue to give customers the best experience with innovation and performance. In April this year, BMW increased the prices of all its vehicles by up to 3 percent.
Five years have seen a sharp increase in the prices of cars
According to a report, the average selling price of cars in 2019 (FY 2019) was ₹ 8.07 lakh. It increased to ₹ 11.64 lakh by 2024, which is about 41% increase. The Cagr (compound annual growth rate) during this period was around 5.6%.
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