All companies doing business in India are increasing the prices of their vehicles. For the last few days, all companies have been announcing an increase in prices one after the other. In this context, German luxury car manufacturer BMW has also announced an increase in the prices of all its cars. BMW India said it would increase the prices of its BMW and Mini car series by up to 3 percent from next month. Let us tell you that like other companies, this car manufacturer is also going to increase the prices of its vehicles for the second time this year. BMW said in a statement that the new prices of his cars would be applicable from 1 April 2025.
Renault India also announced an increase in the price of its vehicles.
Prior to BMW, Renault also announced an increase in the prices of its vehicles. French automobile manufacturing company Renault has also announced an increase of up to 2 percent in the prices of all its models from April 1. Let us tell you that this is the first price increase declared by Renault India after February 2023.
Maruti, Hyundai and Kia also announced the increase in prices
Let us tell you that earlier, many other companies including Maruti Suzuki, Hyundai, Kia and Honda had announced an increase in the prices of their vehicles. All these companies have blamed the rising costs for the increase in the prices of vehicles. First of all, Maruti Suzuki announced the increase in the prices of its vehicles, after which all companies are gradually announcing the increase in prices of vehicles. All these companies will start charging the increased prices for their vehicles from 1 April. Actually, the new financial year 2025-26 is starting from April 1, so all the companies will start working with new account, new balance sheet and new strategy with the new financial year.
You can buy Tata Motors’ cars only at an old price
On the other hand, Tata Motors has not yet announced any increase in the price of its passenger cars. Tata Motors had only announced an increase in the value of its commercial vehicles. While almost all companies are increasing the prices of their passenger cars, Tata Motors has not decided to increase the prices of their vehicles.