Please Tell Us Your City

Knowing your city will help us provide relevant content to you.

Sorry! No matching results found. Try again.Error Identifying Your Location.
Ad

Mercedes-Benz India increases price of its model range by two percent

December 04, 2015, 07:15 PM IST by Santosh Nair
Mercedes-Benz India increases price of its model range by two percent

Mercedes-Benz India, yesterday, announced an increase in the price of its entire model range effective from January 1st, 2016. The price increase would be in the range of up to two per cent across the model range. Mercedes-Benz has cited rising input costs to be the reason behind the price revision. 

Roland Folger, Managing Director and CEO, Mercedes-Benz India commented, “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. We want to further enrich the strong foundation which we have created for the brand in India.”

Mr. Folger added that despite the price increase, smart and tailor-made financial offerings from Mercedes-Benz like STAR Finance, STAR Supersonic and STAR Agility have been specially designed for customers to drive home their dream Mercedes car. While STAR Finance schemes give tailor-made financial solutions with an unmatched interest rate of 9.99 per cent, the STAR Supersonic scheme provides an extremely fast loan approval (in merely 30 minutes). STAR Agility is another unique and innovative product from Mercedes-Benz Financial Services which enhances the flexibility and affordability of owning a Mercedes-Benz.

Last month BMW announced a three percent price hike across the BMW and Mini range of vehicles and backed their decision to be a continuation of their endeavour to offer exceptional products. Mercedes-Benz was quick to respond and follow their counterpart's footsteps.

  • FaceBook Logo
  • Twitter Logo
  • Email Logo
Show CommentsHide Comments
Ad
  • Upcoming Cars

Audi New A6Audi New A6

24th Oct 2019

50L - ₹ 60L
Tata Tiago EVTata Tiago EV

Nov 2019

5L - ₹ 7L
Hyundai Tucson FaceliftHyundai Tucson Facelift

Nov 2019

18L - ₹ 20L
Tata Tigor FaceliftTata Tigor Facelift

Nov 2019

6L - ₹ 7L
Audi Q2Audi Q2

Nov 2019

28L - ₹ 32L
All Upcoming Cars
Ask the experts1800 2090 230Mon-Fri (9 AM - 8 PM)
Sat (9 AM - 5:30 PM)
Sun (9 AM - 7 PM)
Toll free
Ad

Only

  • 00DAYS
  • 00HRS
  • 00MINS
  • 00SEC

Days To Go!

Official Tyre Partner:

Know More

Select your city to avail offers

Currently available only in