• Recently Viewed

      • Trending searches
    • Home
    • News
    • Mercedes-Benz India to hike prices up to two per cent from October 2020

    Mercedes-Benz India to hike prices up to two per cent from October 2020

    Authors Image

    Aditya Nadkarni

    Mercedes-Benz India to hike prices up to two per cent from October 2020

    - The ex-showroom price of Mercedes-Benz’s select models will increase by up to two per cent

    - The weakening of the currency and increased rise in input cost lead to price hike

    Mercedes-Benz India has announced an upward price revision on select models, beginning from the first week of October 2020. The price correction would be up to two per cent, varying across the range. 

    The weakening of the Indian currency compared to the euro in the past six to seven months, combined with an increase in input costs have been exerting pressure on the overall operations. Mercedes-Benz also revealed that the company has been introducing new technologies and features such as ‘Mercedes Me connect’ across its product portfolio. The combination of all these factors led Mercedes-Benz India to correct the prices of its select model range. Last week, the brand launched a customer campaign called ‘Unlock with Mercedes-Benz’, details of which are available here.

    Speaking on the occasion, Martin Schwenk, Managing Director and CEO, Mercedes-Benz India, said, “As the leading luxury car maker in India, it remains our endeavor to offer the latest products, best of technologies, service offering and ownership experience to our customers. However, the weakening of the currency since the beginning of the year, combined with a sharp increase in the input costs, have been a matter of concern, creating significant pressure on our bottom line. To offset these costs and drive a sustainable business, we have few options but to make some nominal yet necessary price adjustments. We as a customer-centric brand will be absorbing most of the impact, however passing on a portion of it up to two per cent, seems inevitable. Despite the nominal price revision, our specially designed financial programs like the Wish Box 2.0 and a host of service packages will enable the discerning customers to drive home their favourite Mercedes-Benz and enjoy the vehicle ownership associated with Mercedes.”

    • Mercedes-Benz
    • Mercedes-Benz C-Class
    • C-Class
    • GLC
    • Mercedes-Benz GLC
    • Facebook Share Link
    • Twitter Share Link
    • Gmail Share Link

    Things You Shouldn't Miss

    Mercedes-Benz C-Class Price in India

    CityOn-Road Prices
    Mumbai₹ 47.74 Lakh
    Bangalore₹ 52.36 Lakh
    Delhi₹ 47.80 Lakh
    Pune₹ 50.12 Lakh
    Hyderabad₹ 50.43 Lakh
    Ahmedabad₹ 45.50 Lakh
    Chennai₹ 49.49 Lakh
    Kolkata₹ 46.35 Lakh
    Chandigarh₹ 46.22 Lakh
    • mercedes-benz-cars
    • other brands
    Mercedes-Benz C-Class

    Mercedes-Benz C-Class

    ₹ 40.90 Lakh
    Avg. Ex-Showroom price
    Show price in my city

    Popular Videos

    Mail Image
    Sign up for our Newsletter
    Get all the latest updates from the automobile universe
    • upcoming cars
    • popular cars
    Toyota Yaris Black Limited Edition

    Toyota Yaris Black Limited Edition

    ₹ 12.40 - 13.60 LakhEstimated Price

    When to expect - October 2020 (Tentative)