Mercedes-Benz Announces Up To 5 Per Cent Price Hike Across Model Range From January 2023

Mercedes-Benz India announced a price hike for its entire product assortment productive January 01,2023. The company has resolved to make an upward cost revision of up to 5 per cent. The organization has cited improve in enter fees and enhanced logistics fees as the primary explanations of the value hike. This development has prompted Mercedes-Benz to upwardly revise the ex-showroom price of its design variety. Selling price increase range from Rs. 1.5 lakh for the GLA to Rs. 4.5 lakh for the S-Class 350d and Rs. 7. lakh for a top rated-finish Mercedes-Maybach S580.

Martin Schwenk, Running Director & CEO, Mercedes-Benz India reported, “Mercedes-Benz has been producing benchmarks in the luxury automotive sector in India, introducing environment-course products and technologies for the discerning customers. On the other hand, to run a sustainable and lucrative small business for us and our Franchise Partners, a rate correction is necessitated to offset the rising inflationary price tag pressures. Though we are absorbing the the vast majority of the maximize, Internal we are left with no choice but to move on some part of the value hike to the clients. The selling price correction will assure the brand’s quality rate positioning and continue on to provide finest-in-class possession activities affiliated with Mercedes-Benz.”

At current, Mercedes- Benz India has the premier community distribute among any luxurious carmaker staying current in 47 metropolitan areas with around 125 contact factors.