GaadiKey
  • Car News
    • Maruti Suzuki
    • Hyundai
    • Mahindra
    • Tata
    • Toyota
    • Ford
    • Nissan
    • Honda
    • Volkswagen
    • Renault
    • Kia
    • MG
    • Skoda
    • Fiat
    • Datsun
    • Mercedes-Benz
    • Volvo
    • BMW
    • Audi
    • Jaguar Land Rover
    • Lexus
    • Ferrari
    • Lamborghini
    • Maserati
    • Pininfarina
    • Tesla
  • Bike News
    • Hero
    • Bajaj
    • TVS
    • Honda
    • Yamaha
    • BMW
    • Suzuki
    • KTM
    • Royal Enfield
    • Mahindra
    • Harley Davidson
    • Ducati
    • DSK Benelli
    • Indian
    • Kawasaki
    • Piaggio
    • Triumph Motorcycles
    • UM Motorcycles
  • Reviews
    • Bike Reviews
    • Car Reviews
  • Photos
  • About
  • Advertise
  • Contact us
No Result
View All Result
GaadiKey
No Result
View All Result
Home Cars

Mercedes-Benz India to Increase Prices Up to 5% from April 2023

Strong movement in forex, rising input cost have been the primary reason for price correction. The price hike is from Rs. 2 lakhs for the A-Class/GLA to 12 lakhs for the top-end Mercedes Maybach S580.

Preetham Gowda by Preetham Gowda
March 9, 2023
in Cars, Mercedes-Benz
0
67
VIEWS
Share on WhatsappShare on FacebookShare on Twitter

Mercedes-Benz India, the country’s largest luxury carmaker, has announced a revision of the ex-showroom price of its model range. The price correction will be effective from April 1, 2023, and will be in the range of up to 5% across the portfolio. In this article, we will discuss the reasons behind this price hike and what it means for customers.

ADVERTISEMENT

Reasons for Price Hike

Mercedes-Benz India has stated that the depreciation of the currency compared to the Euro, combined with increased input costs including logistics costs, have been exerting significant pressure on the company’s overall operational cost. A combination of these factors has prompted Mercedes-Benz India to upwardly revise the ex-showroom price of its model range to offset some of these costs. While the company absorbs significant costs, some portion of it will be passed on to the consumers in order to sustain a profitable business.

Price Hike Details

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

Mercedes-Benz India‘s Managing Director & CEO, Santosh Iyer, said,

“Mercedes-Benz offers the latest model line-up featuring next-gen technology, connected services, luxury appointments and a differentiating customer service. The continuous weakening of the currency combined with increasing input costs have resulted in increased operational cost, necessitating a price adjustment.”

Optimum Cost of Ownership Experience

To make the ownership experience more affordable for its customers, Mercedes-Benz Financial Services offers smart financial solutions that enable an optimum cost of ownership experience. The company believes that its smart financial solutions will help customers to offset some of the price increase, making it easier for them to own a Mercedes-Benz.

The revision of the ex-showroom price of Mercedes-Benz’s model range is a result of the continuous weakening of the currency combined with increasing input costs. While this may lead to an increase in the price of the luxury cars, the company’s smart financial solutions will help customers to offset some of the price increase, making it easier for them to own a Mercedes-Benz. Customers should be prepared for the price hike and take advantage of the smart financial solutions offered by Mercedes-Benz Financial Services to offset the increase.

ADVERTISEMENT

Mercedes-Benz cars Updated Price List

You can add more to this story by commenting below.

RECOMMENDED FOR YOU:

  1.   Mercedes-Benz opens MAR20X Showroom in Coimbatore, Tamil Nadu
  2.   Mercedes-Benz India opens bookings for AMG G 63 and Maybach GLS 600
  3.   Mercedes-Benz India opens new 3S facility in Kochi (Coastal Star)
ADVERTISEMENT
SendShareTweet
Preetham Gowda

Preetham Gowda

I take care of regular automotive updates in India. Be it cars, motorcycles and anything interesting in automobile industry - I will be the first taker. If you need any help please feel to reach me on [email protected]

Subscribe
Login
Notify of
guest

guest

0 Comments
Inline Feedbacks
View all comments

Recent News

MotoGP Repsol Honda Team

MotoGP arrives in India, Repsol Honda Team ready for the newest challenge

September 20, 2023
Mahindra unveils the Bolero Neo+ Ambulance priced at Rs 13.99 Lakhs

Mahindra unveils the Bolero Neo+ Ambulance priced at Rs 13.99 Lakhs

September 20, 2023
2023 Honda Shine 100 Mileage Review

Honda Shine 100 Mileage Review: 650+ Kms range from 9 Litre tank

September 20, 2023
2024 Jeep Compass gets 9-speed Automatic in Diesel variant

2024 Jeep Compass gets 9-speed Automatic in Diesel variant

September 20, 2023
Next-gen Ducati Scrambler range launched in India at Rs 10.39 lakhs

Next-gen Ducati Scrambler range launched in India at Rs 10.39 lakhs

September 19, 2023
Royal Enfield One Ride 2023

28,000+ owners celebrate Royal Enfield One Ride 2023

September 19, 2023

Search this Website

No Result
View All Result

About

GaadiKey

GaadiKey blog is a one stop portal for all the latest in the automobile industry. We are a bunch of people who are passionate about bikes and cars. We share the experience, reviews and stuff connected to Gaadis.

Contact

  • Contact us

© 2023 GaadiKey - Prime GaadiKey.

No Result
View All Result
  • Car News
    • Maruti Suzuki
    • Hyundai
    • Mahindra
    • Tata
    • Toyota
    • Ford
    • Nissan
    • Honda
    • Volkswagen
    • Renault
    • Kia
    • MG
    • Skoda
    • Fiat
    • Datsun
    • Mercedes-Benz
    • Volvo
    • BMW
    • Audi
    • Jaguar Land Rover
    • Lexus
    • Ferrari
    • Lamborghini
    • Maserati
    • Pininfarina
    • Tesla
  • Bike News
    • Hero
    • Bajaj
    • TVS
    • Honda
    • Yamaha
    • BMW
    • Suzuki
    • KTM
    • Royal Enfield
    • Mahindra
    • Harley Davidson
    • Ducati
    • DSK Benelli
    • Indian
    • Kawasaki
    • Piaggio
    • Triumph Motorcycles
    • UM Motorcycles
  • Reviews
    • Bike Reviews
    • Car Reviews
  • Photos
  • About
  • Advertise
  • Contact us

© 2023 GaadiKey - Prime GaadiKey.

wpDiscuz