Volvo India revises prices of its cars

Apr 1, 2016
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The Swedish car manufacturer has dropped the prices of the S60 Kinetic, S60 Momentum, V40 Cross Country D3 Inscription models, while the remaining models will experience a hike of 3 per cent in accordance with the new Union Budget

Volvo Auto India in an official statement has announced the revision of prices across its complete product line-up. The revision of prices is with respect to the proposed additional infra cess and luxury taxes that are applicable as mentioned in the 2016 Budget. The prices of some models will be hiked by 3 per cent on the current ex-showroom figures. However, the Swedish car company has also drastically slashed the prices of three models, namely- V40 Cross Country D3 Inscription (reduced by Rs 304,000) S60 Kinetic (reduced by Rs 151,000) and S60 Momentum (reduced by Rs 24,000).

Commenting on the price revision, Tom von Bonsdorff, Managing Director, Volvo Auto India said, “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.”

Below are the revised prices of Volvo cars (All prices are ex-showroom, Delhi).

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