Mercedes-Benz India announced an upward revision of the price of its select model range effective first week of October 2020. Blaming factors such as weakening Indian ₹ vs euro over the past several months and rising input costs, Mercedes says these have been exerting ‘significant pressure’ on operations.
Mercedes-Benz has also introduced new tech and features like ‘Mercedes Me connect’ across its product portfolio. A combination of all these factors warrants a price revision across its select model range to offset these costs and drive a sustainable business. The company states that the price hike is nominal yet a necessary price adjustment and inevitable. The brand will be absorbing most of the impact. Mercedes-Benz India also offers affordable service packages and extended warranty programs.