Mercedes-Benz India on March 17 said that it will increase the prices of the entire model range by up to 3 per cent with effect from April 1. The luxury automaker’s decision came to partially offset the impact of increase in input costs.
Prices of cars retailed by the Pune-based firm will increase by Rs 50,000 to Rs 5 lakh from next month. “The imminent price improvement across the entire model range will be in the range of 3 per cent. The continued increase in input costs apart from the increase in logistics cost is putting significant pressure on the overall cost of the company,” the luxury automaker said in a statement.
Rising input costs also significantly increased the company’s operating costs, prompting it to revise the ex-showroom price of the entire model range in its endeavor to operate a sustainable and fundamentally strong business.
Read also: 2022 Honda Africa Twin Adventure Sports Launched in India at Rs 16.01 Lakh, Bookings Open
From April 1, the price of A 200 limousine will start from Rs 42 lakh; GLA 200 from Rs 45 lakh; Rs 62 lakh to GLC 200; GLE 300 d 4M from Rs 86 lakh; GLS 400d 4M from Rs 1.16 cr; LWB E-Class 200 from Rs 71 lakh; S-Class 350 d from Rs 1.6 crore; AMG E 63 S 4MATIC (CBU) from Rs 1.77 crore; and AMG- GT 63 S 4 Door Coupe (CBU) from Rs. 2.7 Cr (All prices ex-showroom).
Martin Schwenk, MD & CEO, Mercedes Benz India said.
He added that the new price range of vehicles will ensure premium price positioning of the brand, thereby continuing the best-in-segment ownership experience for discerning customers.
Earlier this month, Audi India also announced a price hike of up to 3 per cent across its product range with effect from April 1.
(with inputs from PTI)
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