Most manufacturers present in India had reduced prices of their vehicles. It was due to a reduction in excise duty and other miscellaneous taxes. German luxury car manufacturers like Mercedes-Benz were among the first to offer the benefits to its customers.
Mercedes-Benz India, however, has sent us a report stating they would be hiking prices of its vehicles, due to increase in input costs. The new prices will vary from model to model and hikes will be in the range of 2.5 percent. New prices by the German manufacturer is set to be effective from 1st September, 2014.
Eberhard Kern, Managing Director & CEO, Mercedes-Benz India commented, "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 also said, "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."
The German manufacturer has its goal set on being a sustainable manufacturer in India for many years to come. Mercedes-Benz India wants to be among the frontrunners in terms of luxury that is provided to luxury car owners.
Mercedes-Benz India will be increasing prices of its vehicles post 1st September, 2014. However, they have several attractive financial solutions called 'Flexinomics' and STAR Finance. They also offer STAR Supersonic for instant loan approvals and STAR Agility for an affordable option to own a Mercedes vehicle.
The German manufacturer will also offer various service packages. They include STAR Care that includes warranty repairs for three years without mileage limits. STAR Ease and On Road Assistance service packages are introduced to improve the ownership experience.
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