Some Volvo cars see price rise while some a significant drop

Some Volvo cars see price rise while some a significant drop

Volvo Auto India has increased the prices of Volvo cars by 3% due to taxation norm changes.

The price rise is a result of the recently proposed taxation norms on cars across various categories in Budget 2016. Prices of some models have been reduced substantially – V40 Cross CountryD3 Inscription(reduced by INR304,000) S60 Kinetic (reduced by INR151,000) and S60 Momentum (reduced by INR24,000). The price of recently launched Volvo S60 Cross Country Inscriptionhas remained unchanged.

Speaking on the price revision, Mr.Tom von Bonsdorff, Managing Director, Volvo Auto Indiasaid, “This year’s budget has forced us to relook at the pricing in order to provide the best in class products to our customers. At the same time, we are pleased to be able to offer significant price reduction on S60 Kinetic, S60 Momentum and V40 Cross Country D3 Inscription variants, without compromising on the features and specification levels. Efficiencies of scale have enabled us reduce cost and hence pass on the price discount to our customers.”

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Effective from 1st April, the updated Ex-showroom (Delhi) prices for all models are as below:

MODEL Old New S60 Kinetic INR 32,40,000 30,88,970 S60 Momentum INR 35,25,000 35,00,970 S60 Inscription INR 38,35,000 39,03,700 S60 R-Design INR 40,25,000 41,71,500 S60 Cross Country Inscription INR NA 38,90,000 S60 T6 Petrol INR 42,00,000 43,26,000 XC60 Kinetic INR 43,50,000 44,80,500 XC60 Momentum INR 46,60,000 47,99,800 XC60 Inscription INR 50,20,000 51,70,600 XC60 R-Design INR 52,00,000 53,56,000 XC90Momentum INR 68,90,000 70,96,700 XC90 Inscription INR 77,90,000 80,23,700 V40D3 Kinetic INR 24,75,000 25,49,250 V40 R-Design INR 27,70,000 28,53,100 V40 Cross Country D3 Inscription INR 32,50,000 29,45,800 V40 Cross Country T4 Petrol INR 26,50,000 27,29,500

Volvo Cars India recently launched the Volvo V40 Cross Country in India. The 2.4-litre, five-cylinder diesel engine produces 189 bhp and 420 Nm of torque. It is paired to a 6-speed automatic transmission and power is sent to all four wheels. In India, it does not have any direct competition.

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