With commodity prices rising and rupee getting depreciated Swedish luxury auto maker Volvo Car India has announced to increase the price of it’s models by up to ₹1 lakh effective May 1, 2026.

“Persistent global supply-chain disruptions and foreign exchange fluctuations have necessitated this marginal adjustment. This step is essential to maintaining the uncompromising safety and luxury standards our customers expect,” the company said in a statement.

“Should this global geo-political /economic climate continue, further price readjustments may have to be done soon,” it added. 

Stating it’s presence in India in 2007 the company markets it’s products through 23 showrooms and serves customers from 25 workshops across India.