Automobiles

Mercedes-Benz India To Increase Car Prices By 2% From January 1

NEWS WORLD INDIA | 0
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| December 4 , 2015 , 15:35 IST
Mercedes-Benz India has announced a two per cent hike in prices of all models across their range which will be effective from January 1, 2016. Mercedes-Benz India   The company said this upward revision is due to the rising input costs coupled with the continued high exchange rate. This comes as a routine procedure of the passenger car companies to prompt customers to advance their purchase decisions. Mercedes-Benz India continues to offer their financial solutions from Mercedes-Benz Financial Services. These include ‘Flexinomics’, ‘STAR Agility, STAR Lease’ loan approvals etc. "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 in the brand, maintain our premium brand positioning in the market and sustain a profitable business," Roland Folger, Managing Director and CEO, Mercedes-Benz India, said.