BMW India has increased localisation levels to up to 50% at the company plant in Chennai. They have now announced new and reduced prices for many of its models in India.
The BMW new price list will see BMW X5 SUV coming in with the biggest price reduction amounting to INR 4 lakhs while 530d sedan will see price reduced to the extent of INR 2 lakhs. BMW X3 SUV and 3 Series will receive price cuts of INR 1 lakh.
Early this year, BMW announced increased sourcing of various components from local manufacturers. The company also announced increase in cumulative investments in India from INR 390 crores to INR 490 crores with most of this being channelized to the BMW Chennai plant.
Components to be procured locally will include Engine and Transmission from Force Motors, Axles from ZF Hero Chassis, Door Panels and Wiring Harness from Draexlmaier India, Exhaust Systems from Tenneco Automotive India while Heating, Ventilating, Air-conditioning and Cooling Modules will be procured from Valeo India and Mahle Behr while Lear India will supply seats to BMW, Chennai.
95% of BMW cars in India are produced at the Chennai plant which has capacities to produce 14,000 units per annum. The plant has two assembly lines from where the 1-Series, 3-Series, 3-Series Gran Turismo, 5-Series, 7-Series, X1, X3 and X5 are rolled out.
Updated BMW India Price List 2015
BMW 1 Series
BMW 118d (Sport Line) – INR 2,950,000 (unchanged)
BMW 3 Series
BMW 320d (Prestige Edition) – INR 3,490,000 (reduced by Rs 1 lakh)
BMW 320d (Luxury Line Edition) – INR 3,890,000 (reduced by Rs 1 lakh)
BMW 320d (Sport Line Edition) – INR 3,890,000 (reduced by Rs 1 lakh)
BMW Gran Turismo
BMW Gran Turismo (Sport Line) – INR 3,990,000 (unchanged)
BMW Gran Turismo (Luxury Line) – INR 4,290,000 (reduced by Rs 1.6 lakh)
BMW 5 Series
BMW 520d (Prestige Edition) – INR 4,490,000 (reduced by Rs 2 lakh)
BMW 520d (Prestige Plus Edition) – INR 4,790,000 (reduced by Rs 2 lakh)
BMW 520d (Luxury Line Edition) – INR 4,990,000 (reduced by Rs 2 lakh)
BMW 530d (M Sport) – INR 5,990,000 (reduced by Rs 2.6 lakh)
BMW 7 Series
BMW 730Ld (Prestige) – INR 9,250,000 (unchanged)
BMW 730Ld (Eminence) – INR 10,650,000 (unchanged)
BMW 730Ld (Signature) – INR 12,520,000 (unchanged)
BMW X1 sDrive20d (xLine) – INR 3,790,000 (unchanged)
BMW X3 xDrive20d (Expedition) – INR 4,690,000 (reduced by Rs 1 lakh)
BMW X3 xDrive20d (xLine) – INR 5,190,000 (reduced by Rs 1 lakh)
BMW X3 xDrive30d (M Sport) – INR 5,990,000 (unchanged)
BMW X5 xDrive30d (Expedition) – INR 6,590,000 (reduced by Rs 3 lakh)
BMW X5 xDrive30d (Design Pure Experience) – INR 6,990,000 (reduced by Rs 4.6 lakh)
BMW X5 xDrive30d (Design Pure Experience 7 Seater) – INR 7,290,000 (reduced by Rs 3 lakh)