Published On: Fri, Jan 8th, 2021

Luxury car Mercedes Benz to turn further pricey from Jan 15

Chennai: Luxury car maker Mercedes-Benz India on Friday said its cars would turn costlier from January 15 onwards owing to five per cent price hike across its models range.

A combination of all these factors led to a significant increase in the company’s operational costs

According to the company, the weakening of the Indian currency compared to the euro since the past six to seven months, combined with an increase in input costs, have been exerting significant pressure on the overall costs.

A combination of all these factors led to a significant increase in the company’s operational costs, prompting it to revise the ex-showroom of the entire model range and continue to build a sustainable and fundamentally strong business, the company said.

According to Managing Director & CEO Martin Schwenk, the new price range of the company’s select vehicles will ensure the brand’s premium price positioning, assuring a sustainable growth both for the brand and the dealer partners, enabling continuation of the best-in-segment customer ownership experiences, equated with Mercedes Benz.

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Social Media Auto Publish Powered By : XYZScripts.com