Mercedes-Benz India announces 5% price hike from 1st April 2023

Mercedes-Benz India has announced a price hike. This price increase will be applicable on sales billed post 1st April 2023. The magnum of the hike is 5 percent in ex-showroom prices across the model range.

Reason for the price hike

According to the German carmaker, there are a couple of main reasons for the hike in prices. Amongst them, the primary reason appears to be the sharp increase in forex since last four months. Apart from this, the rising inputs costs have necessitated a price revision. The carmaker says this price hike will help maintain a sustainable business model for the company.

The fall of the Rupee against the Euro over the past few months has affected Mercedes-Benz. Apart from the rising input costs, the company has also faced an increase in the logistics costing. All these have put pressure on the operational cost of the company.

Price hike across the model range

In terms of the amount of hike, the A-Class limousine will get a hike of INR 2 lakh along with the GLA. The top end S 350d meanwhile will receive a hike of INR 7 lakh while the luxurious Mercedes Maybach S 580 will be dearer by INR 12 lakh.

To make sure this hike doesn’t affect the customers, Mercedes-Benz Financial Services are offering an optimum cost of ownership experience to its customers.

Mercedes-Benz MAR20X showroom : Key highlights

Recently, Mercedes-Benz inaugurated the new MAR20X showroom in Coimbatore. Some of the key highlights of this place are:

• The MAR20X facility has a dedicated MAR20X EQ Display and a special Corner for Top End Vehicles
• MAR20X is Mercedes-Benz’s signature retail presentation which combines digital and physical elements
• The facility boasts of stage car display along with a stage wall
• Separate Accessories & Collections, Hospitality counter, Private & semi-private Interaction areas

Also Read – Mercedes-Benz India opens MAR20X showroom in Coimbatore.