Mercedes-Benz India, has announced an upward correction of the ex-showroom price of its select model range, effective January 1, 2024. The price correction would be up to 2% for select models in the portfolio.
A press release from Mercedes-Benz India stated that a combination of rising input costs, commodity costs, and logistics costs driven by high inflationary pressures, have been exerting significant pressure on the company’s overall operational cost.
A combination of these factors has prompted Mercedes-Benz India to upwardly revise the ex-showroom price of its select models, offsetting some of these costs to sustain a profitable business for the company and its Franchise Partners. While the company majorly absorbs these costs, a minute portion of this will be passed on to the market.
During 2023, the company launched a total of 10 products including six AMG models.
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