[Auto] BMW becomes latest in growing list of car makers to hike prices come January

[SliCeR]

BMW Group India on Monday informed that it will revise prices for all BMW and MINI models from January 4 of the new year. The prices will be hikes by up to two per cent across all models. Blaming input costs, BMW states that it has become necessary to pull up prices from next month onwards. ". From 4 January 2021, BMW Group India will introduce the new pricing for BMW and MINI portfolio, increasing the prices marginally by up to 2% to offset the increasing input costs," said Vikram Pawah, President at BMW Group India. "This will ensure that customer satisfaction, dealer profitability and sustainable growth, which are fundamentals of a successful business, remain strong." BMW currently offers 8 Series Gran Coupe, BMW X6, BMW Z4, BMW M2 Competition, BMW M5 Competition, BMW M8 Coupe, BMW X3 M and BMW X5 M in the country. Mini dealerships have MINI 3-door, MINI 5-door, MINI Convertible, MINI Clubman and MINI John Cooper Works Hatch on offer.Car makers like Maruti, Honda, Renault, Mahindra and Mahindra, Ford - among others, have also announced price hikes on their products on offer. Two-wheeler major Hero MotoCorp has also announced that it will increase price of its vehicles by up to ₹1,500 from January 1, 2021 to offset the impact of rising input costs. Among luxury car makers, Audi will also hike the ex showroom prices of its models while others are expected to follow. The good news though is that the new year brings with it the promise of new launches galore, widening the choice Indian buyers have in most passenger vehicles' segments.Audi India is also offering a four-year Comprehensive Service Package on pre-bookings of the A4. The luxury sport sedan's launch is slated for early 2021.2020 has been a massively challenging year for the world at large and the automotive industry in particular. And yet, some massively powerful launches gave the Indian car market both a sense of purpose and some definitive direction.The Cub D4 Decor helmet claims to provide maximum all-round head protection and a quick release chin strap. The helmet gets a hypoallergic liner which seeks to protect riders from allergies or infections arising from continuous contact. The Gravitas SUV will appeal to buyers seeking a three-row SUV. Tata Motors will likely announce the pricing of the Gravitas SUV in the first quarter of 2021. Tata Gravitas will be a rival to the likes of Hector Plus. The drive was launched in a bid to check on the rising number of incidents involving vehicles used for kidnapping, looting dacoity, among other such nefarious acts. The drive was launched in a bid to check on the rising number of incidents involving vehicles used for kidnapping, looting dacoity, among other such nefarious acts. Bihar has a high crime record and in many instances, vehicles - more than firearms - become the main weapon used to carry out illegal acts. This is especially true in the case of grab-and-get kidnapping cases or to transport illegal substances from one location to another.