Mercedes-Benz India has announced an upward revision of the price of its models from September 1, 2014. The price increase would be up to 2.5pc, varying across model range. The increase in prices is a result of rising input costs coupled with other factors like continued high exchange rate that has been impacting the bottom-line of the company.
Eberhard Kern, Managing Director & CEO, Mercedes-Benz India commented that Mercedes-Benz continues to offer ‘top of the line’ products for its customers and focuses on adding more value to their overall ownership experience. He further added that 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 the company’s customers.
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