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Mercedes-Benz India on Monday said that it will increase the prices of its vehicles from September 1.
The quantum of price increase would be up to 2.5 per cent, varying across model range, the company said in a statement.
Rising input costs coupled with other factors like continued high exchange rate has been impacting the bottom line, making a price revision inevitable, it said.
Financial solutions
“Despite the price hike, the attractive financial solutions from Mercedes-Benz Financial Services like ‘Flexinomics’, ‘STAR Agility’, 'STAR Lease’ and ‘STAR Supersonic’ loan approvals are all tailor-made for our customers,” Eberhard Kern, Managing Director and Chief Executive Officer, Mercedes-Benz India, said.
These solutions will provide value proposition, enabling hassle-free purchase, while service programmes like Star Care, Star Ease and Road Side Assistance, will enhance the customer’s overall ownership experience, he said.
“Mercedes-Benz models are highly enriched in terms of features and they command high customer preference in the market. Our aim remains to grow sustainably in the market in the long-term and keep creating new benchmarks in modern luxury for our customers,” he added.
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