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.
Netradyne, a global leader in AI-driven fleet safety, announced the launch of its flagship Driver•i D-450 video safety platform and the latest DMS sensor in India.
ChargeZone, India’s largest EV charging company with over 13,500 charging points, has launched ChargeClub, an exclusive loyalty programme designed to reward EV users for charging their vehicles.
Luminous Power Technologies has announced the launch of Edge, a bold new brand focused on smart, portable power designed for India’s mobile, connected, and sustainability-conscious consumers.