Mercedes-Benz India limited has announced a price hike of upto 2.5% across its range siting increased input costs and high exchange rates.
Mr. Eberhard kern MD and CEO, MBIL stated
” We have decided to upwardly revise the prices of some of our models giving the rising input costs and continued high exchange rates. 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. ”