News Karnataka
Thursday, February 02 2023
Business

Merc announces hike on all model prices up to 2 per cent

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Bengaluru: Mercedes-Benz India on Thursday December 3, announced a hike of prices on all its models up to two percent. The new prices will be effective from January 1, 2016.

The rising input cost led to the price revision of Mercedes-Benz products, the company said.

“Mercedes-Benz has been creating continuous value propositions for the Indian customers by offering the best products from our global portfolio in India. We have enhanced this value addition even further through our localisation efforts. However, with rising input costs, we are compelled to make some price adjustments to our product range to protect the investment of our customers,” Mercedes-Benz India Managing Director and CEO Roland Folger said.

“Despite the price increase, the smart and tailor-made financial offerings from Mercedes-Benz, like STAR Finance, STAR Agility, STAR Lease or Corporate STAR Lease, are specially designed for our discerning customers to drive home their dream Mercedes. These unique solutions provide benchmark value proposition, enabling a hassle-free purchase,” he added.

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