German luxury carmaker BMW on Thursday said it will hike prices of its vehicles across its range by up to 3% from September 1, 2025, citing the adverse impact of continued forex fluctuation and global supply chain dynamics. BMW currently sells a range of luxury cars and SUVs, including electric vehicles, starting with the 2 Series Gran Coupe priced at Rs 46.9 lakh and the BMW XM tagged at Rs 2.6 crore.

“BMW India’s growth and sales momentum in the first half of the year has been remarkable. However, factors like continued forex impact and global supply chain dynamics have been leading to increased material and logistics costs,” BMW Group India President and CEO Vikram Pawah said.

Further, he said, “In the festive season, we are geared to introduce several new power-packed profiles of our cars. As the strong demand for BMW’s luxurious, pioneering cars continues, we will deliver exceptional performance and innovation to our valued customers.”