Luxury car maker BMW Group India has announced a price increase of up to 5 per cent across the BMW and MINI product range effective January 1, 2015.
“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,” Philipp von Sahr, President, BMW Group India, said in a statement.
Currently, BMW India has 37 sales outlets in the Indian market across Delhi, Noida, Gurgaon, Faridabad, Mumbai, Bangalore, Mangalore, Indore, Chandigarh, Ludhiana, Hyderabad, Chennai, Coimbatore, Pune, Goa, Kolkata, Bhubaneswar, Ahmedabad, Surat, Kochi, Kozhikode, Jaipur, Udaipur, Raipur, Nagpur, Lucknow and Kanpur.
By end of 2015, the company will expand its dealer network to 50 across major metropolitan centres and emerging markets in India.