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India’s largest luxury carmaker Mercedes-Benz India has hiked the prices of its entire range by 2 per cent, effective January 1, 2017.
A combination of factors comprising rising input costs, increasing inflation and an upward moving forex rate have consistently exerted pressure on our bottom line, which has compelled this price correction, the company said in a statement.
" We were left with few options but to make some necessary price adjustments to our product range in order to protect the investment of our customers. We hence, decided to absorb a higher impact of these adversary factors on our prices," said Roland Folger, Managing Director & CEO, Mercedes-Benz India.
“However, despite this moderate price revision, the innovative and tailor-made financial offerings from Mercedes-Benz like STAR Agility, STAR Finance, STAR Lease, Corporate STAR Lease, etc., are specially designed for our discerning customers to drive home their dream Mercedes. These unique solutions provide a benchmark value proposition, enabling a hassle-free purchase. Similarly, our service programmes such as STAR Ease, STAR Care, STAR Care Plus and On Road Assistance programmes further elevate the customer’s overall ownership experience," Folger added.
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