Volvo Australia prices rise by up to $4000
Prices across all but two new Volvo models in Australia have increased by up to $4000 for the new year.
Volvo Australia has increased prices across 15 of its 17 models for the start of 2023.
In effect from 1 January 2023, prices have increased by between $500 and $4000 across most models in the C40, XC40, XC60, XC90, S60 and V60 Cross Country model ranges.
A Volvo Australia spokesperson told Drive the price increases are due to "the cost of raw materials and logistics" rather than an additional features or technology.
The Volvo XC40 Plus B4 and Ultimate B4 Bright have received the smallest increases, at $500 each, while the XC90 Recharge Ultimate T8 Plug-in Hybrid has been hit with the largest increase, of $4000.
Two models have escaped price increases for January 2023 – the XC60 Plus B5 and Ultimate B5 Bright mid-size SUVs.
A full list of prices for the Volvo Australia model range is below – accurate as of January 2023.
| Model | December 2022 | January 2023 | Increase |
| C40 Recharge Single Motor | $74,990 | $75,990 | $1000 |
| C40 Recharge Twin Motor | $82,490 | $83,490 | $1000 |
| S60 Ultimate B5 Bright | $65,990 | $66,990 | $1000 |
| V60 Cross Country Ultimate B5 Bright | $68,490 | $69,490 | $1000 |
| XC40 Plus B4 | $52,990 | $53,490 | $500 |
| XC40 Ultimate B4 Bright | $59,990 | $60,490 | $500 |
| XC40 Ultimate B5 Dark | $63,990 | $64,990 | $1000 |
| XC40 Recharge Plus Pure Electric Single Motor | $72,990 | $73,990 | $1000 |
| XC40 Recharge Ultimate Pure Electric Twin Motor | $79,490 | $81,490 | $2000 |
| XC60 Plus B5 | $72,990 | $72,990 | No change |
| XC60 Ultimate B5 Bright | $79,990 | $79,990 | No change |
| XC60 Ultimate B6 Dark | $85,990 | $86,990 | $1000 |
| XC60 Recharge Ultimate T8 Plug-in Hybrid | $100,990 | $101,990 | $1000 |
| XC90 Plus B5 | $92,990 | $95,990 | $3000 |
| XC90 Ultimate B6 Bright | $102,990 | $105,990 | $3000 |
| XC90 Ultimate B6 Dark | $104,990 | $107,990 | $3000 |
| XC90 Recharge Ultimate T8 Plug-in Hybrid | $121,990 | $125,990 | $4000 |
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