Mercedes-Benz India announces vehicle price hikes to off-set rising input costs

Aroosa Ahmed Updated - March 09, 2023 at 01:24 PM.

Depreciation in currency value also exerting pressure on Mercedes-Benz’s operational costs

Santosh Iyer, MD and CEO, Mercedes-Benz India, during the launch of the new Mercedes-Benz AMG E 53 Cabriolet in New Delhi earlier this year. | Photo Credit: PTI

Mercedes-Benz India announced a price hike of up to 5 per cent on its vehicle offerings in India. The price hikes will come into effect from April 01, 2023. 

The German luxury carmaker stated that the depreciation in value of the currency compared to the Euro and increased input as well as logistics costs have been exerting significant pressure on the company’s overall operational cost.

Also read: Mercedez-Benz targets 25 per cent sales in India from EVs in 5 years

The prices of Mercedes-Benz cars will be revised upwards by ₹2 lakh for an A-Class limousine and GLA SUV, ₹7 lakh for a top-end S 350d limousine ₹12 lakh for the top-end Mercedes Maybach S 580 luxury limousine.

Published on March 9, 2023 07:54

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