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Mercedes-Benz India to increase car prices by 2 per cent from January 1

Mercedes-Benz India to increase car prices by 2 per cent from January 1
Nikhil Puthran Nikhil Puthran Friday 04 December 2015, 10:23 AM

Mercedes-Benz India has announced a two per cent hike in prices of all models across their range which will be effective from January 1, 2016. The company says this upward revision is due to the rising input costs coupled with continued high exchange rate.

Despite the increase in prices of the cars, Mercedes-Benz India continues to offer their financial solutions from Mercedes-Benz Financial Services. These include ‘Flexinomics’, ‘STAR Agility, STAR Lease’ and ‘STAR Supersonic’ loan approvals etc. The manufacturer has designed these services to cater to the prospective buyer and offer most optimum cost of ownership to them.

Roland Folger, Managing Director and CEO, Mercedes-Benz India, said, "Mercedes-Benz has been creating continuous value propositions for the Indian customers by offering the best products from our global portfolio in India. We have enhanced this value addition even further through our localisation efforts. However, with rising input costs, we are compelled to make some price adjustments to our product range to protect the investment of our customers in the brand, maintain our premium brand positioning in the market and sustain a profitable business. We want to further enrich the strong foundation which we have created for the brand in India."

Mercedes-Benz asserts that it will continue introducing products that are top of the line, highly enriched with the latest equipment. The different finance schemes give tailor made financial solutions to prospective buyers and also provide fast loan approvals. They have different service packages to ensure an owner gets a plan according to his need.

 

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