Volvo revises prices of all its cars in India

Volvo India has announced a revision in the ex-showroom prices of all the cars in its portfolio. The revised prices are effective from April 1, 2016.

The company has reduced the prices of some of its models - V40 Cross Country D3 Inscription (reduced by Rs. 3,04,000), S60 Kinetic (reduced by Rs. 1,51,000) and S60 Momentum (reduced by Rs. 24,000). Volvo claims that efficiencies of scale have enabled it to reduce costs and it has passed on the benefits to its customers.

For all the other models, Volvo has increased the ex-showroom prices by 3%. The increase is a result of the recently proposed taxation norms on cars across various categories in Budget 2016.

Volvo's model line-up consists of the S60, S60 Cross Country and S80 sedans, V40 and V40 Cross Country hatchbacks and XC60 and XC90 SUVs.