Volvo India hikes prices of some car models

Volvo Auto India has officially announced a hike in prices across its model range. The carmaker has increased the ex-showroom prices of some models by around three per cent. In an official release, the company has attributed the price hike to the recently proposed taxation norms for vehicles of different categories in the 2016 Budget.

However, there is some good news as well. Volvo has slashed prices of some car models by a substantial margin. The Volvo V40 Cross Country D3 Inscription model will now cost Rs 3 lakh less. And the asking…