The lucury car manifacturer phantom has increased the price of its stunning, fastest limousine car by about 45% which of the following can be the best possible reason for the above step taken by the car manufacturer?

Options

A. The government is planning to review taxes on the raw materials for manufacturing cars.
B. The car sales market is going through a jubilant phase as the volume of sales has picked up considerably in the recent past.
C. The limousine car is the best in its segment and no other car is posing any challenge to this car.
D. Car buyers prefer to buy limousine car as it provide efficient after sales service.

Answer

A

Explanation

The reason for such a keep hike i prices must be a rise increase in taxes on raw material, However, note that the gov. is still planning to review taxes. And actual prices are not increased on more anticipation.