- Ex-showroom price of Mercedes-Benz’s model range will be increased by up to 3% w.e.f. 1st April, 2022 (Price increase range: INR 50,000 for A-Class Limousine, 1.0 lakh appx. for a GLC 220d to INR 5.0 lakhs appx. for a top-end AMG GT 63 S 4 Door Coupe)
- Offsetting the constant rise in input cost is required to maintain a sustainable business operation for the company
- Smart financial solutions from Mercedes-Benz Financial Services will enable an optimum cost of ownership experience for the customers
India’s largest luxury carmaker, Mercedes-Benz India today announced an upward revision in price of its entire model range effective 1st April, 2022. The imminent price correction would be in the range of 3%, across the entire model range. The constant increase in input costs in addition to an increase in logistics costs have been exerting significant pressure on the overall costs of the company. The rising input costs also led to a significant increase in the company’s operational costs, prompting Mercedes-Benz to revise the ex-showroom price of the entire model range in its endeavour to operate a sustainable and fundamentally strong business.
Martin Schwenk, Managing Director & CEO, Mercedes-Benz India said, “At Mercedes-Benz we continue to offer the most technologically advanced products for an unmatched product experience. However, to run a sustainable business a price correction is necessary to offset the continuous rise in input and operational costs. The new price range of our vehicles will ensure the brand’s premium price positioning, enabling seamless continuation of best-in-segment ownership experiences for our discerning customers.”