Mercedes-Benz India announces price hike

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mercedes benz india price hike

Close on the heels of Audi India, rival German luxury car maker Mercedes-Benz too has announced its plan to inrease the prices of its cars on sale in India. The price increase ranges rom 1-3% and will be effective from 14-January, 2013.

Mr. Eberhard Kern, Managing Director & CEO, Mercedes-Benz India commented, “Rising inputs cost, volatility of the rupee-euro, high interest rates and other associated factors have put significant pressure on us. Consequently, we are forced to share a part of this burden with our customers and we will increase prices of our vehicles to the tune of 1-3% effective 14-January, 2013. However, to support the purchase decisions of our discerning customers, Mercedes-Benz Financial Services will be supporting with various finance options.”

The B Class, which was launched with much fanfare last year, will become dearer by 1% and the entry level executive sedan, the C-Class, will become costlier by 1.5%. The Mercedes Benz E Class too will get pricier by 1.5%, with the S-Class flagship sedan becoming 3% costlier.

The M-Class SUV will be dearer by 3% and the prices of the CBU range of vehicles comprising the CLS-Class, SLK-Class, R-Class and the SLS AMG will also be increased by 1%.

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