Mercedes Benz India to hike car prices by 2.5% from 1st September, 2014

Friday 22 August 2014, 08:00 AM by

Mercedes Benz has not just been a strong car making brand overseas, but indeed is also a popular choice in India among many other international luxury carmakers in the country. Owing to rising input costs and high exchange rate Mercedes Benz has announced a small price hike about 2.5% from September 1, 2014.

Mercedes Benz India to hike car prices by 2.5% from 1st September, 2014 | CarTrade.com
Mercedes Benz India to hike car prices by 2.5% from 1st September, 2014

Speaking more on the situation, Mr Eberhard Kern, Managing Director and CEO, Mercedes-Benz India, said, "Mercedes-Benz continues to offer 'top of the line' products for its customers and focuses on adding more value to their overall ownership experience. We have decided to upwardly revise the prices of some of our models given the rising input costs and continued high exchange rate. Mercedes-Benz models are highly enriched in terms of features and they command high customer preference in the market. Our aim remains to grow sustainably in the market in the long-term and keep creating new benchmark in modern luxury for our customers."

Quality, refined performance and world-class safety standards come as standard with the Mercedes Benz and the company would maintain its standards even in times of inflation. In order to further convenience the interested buyer lot, Eberhard Kern said, “Despite the price hike, the attractive financial solutions from Mercedes-Benz Financial Services like 'Flexinomics', 'STAR Agility, STAR Lease' and 'STAR Supersonic' loan approvals etc. are all tailor made for our customers. These solutions will provide benchmark value proposition, enabling a hassle free purchase, while our service programmes like Star Care, Star Ease and Road Side Assistance, will enhance the customer's overall ownership experience.”

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