BMW India to hike car prices by up to 2 per cent from July

BMW cars in India to get expensive (Pic/X@BMW)

BMW Group India on Monday announced that it will increase prices by up to 2 per cent across its entire range of BMW and MINI vehicles starting 1 July 2026. The German car manufacturers, while announcing the price hike, cited macroeconomic pressures, including rupee depreciation and rising logistics costs.

According to IANS, the company said that the price revision will apply to both locally produced models and completely built-up (CBU) units sold in the Indian market.

BMW 2 series, 7 series, X3, and other cars to get costlier

Locally manufactured vehicles include popular models such as the BMW 2 Series Gran Coupe, 3 Series Long Wheelbase, 5 Series Long Wheelbase, 7 Series, X1, X3, X5, X7, M340i and the iX1 Long Wheelbase.

Among the CBU offerings, BMW's portfolio includes performance and electric models such as the i5 M60, i7, i7 M70, iX, M440i Convertible, M2 Coupe, M4 Competition, M5 and XM, all of which will also see the price adjustment.

Announcing the decision, Hardeep Singh Brar, President and CEO, BMW Group India, said the company's strong demand and premium positioning in India's luxury car segment allow it to maintain consistent growth, but cost pressures are necessitating the revision.

Brar asserted, "Our robust demand and exceptional product range allow BMW Group India to consistently set new benchmarks in the luxury mobility space," as cited by IANS.

He also said that the adjustment is aimed at preserving premium standards while ensuring uninterrupted delivery of engineering quality and customer service expectations.

"This adjustment ensures the uninterrupted delivery of the superior engineering and world-class care our buyers expect," Brar added.

BMW Group India also highlighted its financial services arm, which offers customised financing solutions including flexible EMIs, reduced interest rates on select models, assured buy-back options, and end-of-term flexibility through its BMW Smart Finance programme.

The luxury car manufacturer also said, "BMW Smart Finance offering includes attractive monthly instalments, reduced rate of interest for selective models, assured buy-back options, and flexible end-of-term opportunities among other benefits," according to IANS.

(With inputs from IANS)