Statement: The luxury car manufacturer Phantom has increased the price of its stunning, fastest Limousine Cr by about 45 percent. Which of the following can be a best possible reason for the above step taken by car manufacturer?

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 posting any challenge to this car

D

Car buyers prefer to buy Limousine car as it provides efficient service after sale.

E

None of these