With the commencement of the financial year, there will be an additional burden of some expenses on the heads of Indian citizens. From April 1, 2022, the car market is once again becoming more expensive. If you are thinking of buying a car, this is bad news for you, as companies like BMW, Toyota, Mercedes Benz and Audi are going to increase the prices of their cars. All these companies say that rising raw material prices are increasing the burden on them. Find out which car can be expensive.
BMW, Toyota, Mercedes-Benz and Audi have announced a price increase across their model line-up from April 1, 2022. All car makers have cited rising input costs as the major reason behind the hike.
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1. BMW cars will be up to 3.5% more expensive
BMW said it would increase the ex-showroom price of its cars by 3.5%. The reason behind rising prices is material and logistical cost, prevailing geo-political situation and rising exchange rates. India currently includes BMW India's 2 Series Grain Coupe, 3 Series Grain Limousine Series, 5 Series, X1, X3 and others.
2. Toyota cars will be 4% more expensive
The company plans to increase the ex-showroom price of its cars by up to 4%. This will be the second time since January that the company has increased the price of its cars. Toyota's line-up in India includes luxury MPVs such as the new Glanza, Urban Cruiser, Innova Crista, Fortuner, Camry and Welfare.
3. Mercedes Benz cars will be 3% more expensive
Luxury car maker Mercedes Benz will increase the price of its cars by 3% from April 1. In January 2022, the company increased the price of some of its selected models by up to 2%. Mercedes Benz's lineup in India includes cars like A-Class, Limousine, E-Class, CLS, S-Class, GLC, GLE and GLS.
4. Audi cars will be 3% more expensive
Expensive input costs are also likely to affect Audi cars. The company will make its car 3% more expensive. In January 2022, the company also increased the price of the car by 3%. Audi's lineup in India includes models like A4, A6, A8, Q5, E-Torn.
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