Volvo Car India Announces Price Hike

The new prices will be effective from November 25, 2022 Price hike on Models XC90, XC60 and XC40 Recharge

Pure electric Volvo C40 Recharge on Ghent production line.

XC90 Petrol Mild Hybrid

Swedish luxury car maker Volvo Car India today announced an increase in the ex-showroom prices of its cars in India ranging between rupees 1 lakh to 3 lakhs across all models due to rising input costs pressure.

The new model-wise ex-showroom prices are as follows:

Model Variant Type New

Ex-Showroom Price Change

XC40 T4 R Design Petrol 44,50,000 3%

XC60 B5 Inscription Petrol Mild-Hybrid 65,90,000 4%

S90 B5 Inscription Petrol Mild-Hybrid 65,90,000 2%

XC90 B6 Inscription Petrol Mild-Hybrid 93,90,000 3%


The new prices are effective from immediate effect. However, the company is committed to price protection to customers who have booked their cars at Volvo dealerships till April 12, 2022. All bookings after this date will attract new prices.


The company had last announced a price increase at the beginning of the year, but since then the continued disruption of global supply chains, higher logistic costs and a volatile forex situation has led to a substantial increase in input costs.


“As with rest of the Indian auto industry, Volvo Car too has been impacted by rising input costs. Much as we would have wanted to maintain prices, the situation has left us with no other option but to share some of input costs increases with customers. While there is no change in the price of our luxury sedan S60 and our Plug-in hybrid XC90 T8, we are compelled to announce a price increase in all our other cars and SUVs ranging from one to three lakhs. This would be effective January 1, 2022."

As a precursor to becoming an all-electric car company, Volvo Car India has transitioned to an all-petrol portfolio, with all diesel models being phased out. In India, Volvo has recently introduced the XC60, S90, and XC90 petrol with a 48V mild-hybrid system. The Volvo XC40 SUV, Volvo XC60 SUV, Volvo S60 sedan and Volvo S90 sedan were among the bestselling models sold by Volvo Car India in the first half of 2021.

Volvo Cars in India

Swedish luxury car Company Volvo established its presence in India in 2007 and has since then, worked intensively to market the Swedish brand in the country. Volvo Cars currently markets products through 24 dealerships in Ahmedabad, Bengaluru, Chandigarh, Chennai, Coimbatore, Delhi NCR – South Delhi, West Delhi, Gurgaon, Hyderabad, Indore, Raipur, Jaipur, Kochi, Kozhikode, Kolkata, Lucknow, Ludhiana, West Mumbai, South Mumbai, Pune, Raipur, Rajkot, Surat, Vishakhapatnam and Vijayawada.

For more info, contact:

Himanshu Mehra: 8882653606; himanshu@integral-india.in


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