BusinessPhoto: Business StandardVolvo Cars India May Raise Prices Due to Shipping Disruptions
Volvo Cars India managing director Jyoti Malhotra said geopolitical disruptions have caused unpredictable shipping times and increased costs, pressuring the company to potentially raise vehicle prices. The company raised prices by up to Rs 1 lakh in May due to supply-chain issues and forex fluctuations. Volvo recently launched its flagship EX90 electric SUV priced at Rs 1.26 crore with a 625 km range. The portfolio includes six models, four of which are electric.
Business Standard·



