India, April 17 -- Volvo has confirmed that the prices of its cars, including the EX30 and the XC90, will increase by up to Rs 1 lakh from May 1, 2026.

Volvo has become the most recent carmaker in India to announce that prices of its cars will increase by up to Rs 1 lakh from May 1, 2026. The upcoming price revision, in line with similar moves by several other automakers, has been attributed to ongoing global supply-chain challenges and fluctuations in foreign exchange rates. According to Volvo, the price hike is necessary to ensure it continues to deliver the premium safety and luxury experience expected by its buyers. It also indicated that if the current geopolitical and economic conditions persist, additional price adjustments may be...