Mercedes announces price hike across model range

Mercedes-Benz India has announced a hike in prices by up to 2.5 percent across its model range, effective from September 1 this year. The company has attributed soaring input cost and high exchange rate as the key factors for the upward price revision.

Mercedes-Benz India's CEO and managing director, Eberhard Kern, reiterated the aforementioned reasons leading the company to raise prices. He further added, "Our aim remains to grow sustainably in the market in the long-term and to keep creating new benchmarks in modern luxury for our customers."

The company has, however, said that interested customers can avail the financial solutions provided by the company, and various service packages and extended warranty programmes to make the most of their Mercedes.