Mercedes-Benz cars to get costlier by up to 3 percent from Jan 1: Here’s why

Published On : 2024-11-16T21:06:40+0530 [ IST ] | Author : Mayur_Tembhare
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Mercedes-Benz cars to get costlier from Jan 1.Luxury carmakerMercedes-Benz India has announced a price increase across its entire model range effective January 1 2025. The revision will see ex-showroom prices rise by up to 3% with the adjustments ranging from Rs 2 lakh for the GLC SUV to Rs 9 lakh for the flagship

According to Mercedes-Benz the price hike is necessary to address the escalating costs of materials, inflationary trends and increased logistics expenses. While the company has been absorbing the bulk of these costs for the past three quarters it has decided to pass on a nominal portion to consumers to maintain its operational sustainability

To ease the impact on customers the company has announced price protection for all cars booked before December 31, 2024 including those currently out of stock. This means customers placing their orders this year can lock in current prices, avoiding the impending hike.

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Mercedes-Benz reported its highest-ever Q3 sales of 5,117 units in 2024—a 21% year-on-year growth. This announcement positions Mercedes-Benz as the first automaker in India to declare price increases for the upcoming year.

The German carmaker recently launched the C63 S E Performance in India at a starting price of 1.95 crore ex-showroom. This marks the brand’s final AMG launch for this year and their 14th launch in 2024.

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Source : Reporters From Sunrise Chronicles

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