Volvo Cars India has announced a price review across its entire model range, with an increase of up to Rs 1 lakh set to come into effect from May 1, 2026. The move follows a broader trend in which several brands catering to the luxury and mass market segments have already implemented similar increases in recent weeks.According to the company, the price adjustment was necessary due to ongoing disruptions in the global supply chain and fluctuations in foreign exchange rates. Volvo stated that this review aims to maintain its product quality, safety standards and overall customer experience despite rising input costs. The automaker also noted that further price corrections could be considered if current geopolitical and economic conditions persist.
He watches
Volvo EX30 review: Is Volvo’s smallest car worth buying? | Toi Auto
While the exact hike has not been detailed for individual models, the overall hike is set at Rs 1 lakh across the portfolio. In India, Volvo currently offers a range of vehicles including Volvo EX30, Volvo EC40, Volvo XC60 and Volvo XC90, covering the electric and internal combustion segments.The review will apply to all reservations and purchases made on or after May 1, 2026. Buyers planning to purchase a Volvo model can benefit from completing their reservations before the revised prices take effect.
Volvo Cars India currently operates through 23 showrooms and 25 workshops. Despite the price hike, the company remains focused on strengthening its position in the growing luxury car market in India.Stay tuned to TOI Auto for latest updates on the automobile sector and follow us on our social media on Facebook, Instagram and X.