India, Nov. 24 -- Volvo Car India on Thursday announced a price hike on select models owing to the increased input costs. The Swedish luxury car brand has announced that the Volvo XC40 Recharge, XC60, and XC90 SUVs will be pricier from November 25, 2022. The price of the P8 Ultimate variant of the Volvo XC40 Recharge has been increased to Rs.56.90 lakh (ex-showroom), while the price of the B5 Ultimate trim of the XC60 SUV has been raised to Rs.66.50 lakh (ex-showroom). The Volvo XC90 B6 Ultimate trim's price has been increased to Rs.96.50 lakh (ex-showroom). However, prices of the Volvo S90 Petrol Mild-Hybrid and XC40 Petrol Mild-Hybrid remain unchanged.

The automaker claimed that the price hike decision had been implemented due to risin...