HomeCar NewsMercedes-Benz announces price hike of up to 5% from 1st January

Mercedes-Benz announces price hike of up to 5% from 1st January

Mercedes-Benz India has announced that the ex-showroom prices of their entire model range will be increased by up to 5%. Prices will go into effect on January 1, 2023. According to the manufacturer, this was done to offset inflationary pressures and the constant rise in input costs. The price increase would differ depending on the model. The updated prices are listed below.

Martin Schwenk, Managing Director & CEO, Mercedes-Benz India, commented on the price increase, saying, “Mercedes-Benz has been creating benchmarks in the luxury automotive industry in India, introducing world-class products and technologies for the discerning customers.” However, in order for us and our Franchise Partners to run a sustainable and profitable business, a price correction is required to offset rising inflationary cost pressures. Though we are absorbing the majority of the cost increase, we are forced to pass some of the cost increase on to our customers. The price reduction will ensure the brand’s premium price positioning and the best-in-class ownership experiences that are associated with Mercedes-Benz.”

Read More: Mercedes Benz Eqb To Launch In India Later This Year, The Third Eq Model Here

The new starting prices of Mercedes-Benz India’s model range are mentioned below:

Mercedes-Benz Model Range New starting ex-showroom price 
(effective from January 1, 2023)
GLA 200 | GLA 220d Rs 46.50 lakh | 48 lakh
C 200 | C220d Rs 57.5 lakh | 58.50 lakh
E 200 Exclusive | E220d Exclusive Rs 72.5 lakh | 73.50 lakh
GLE 300d 4M | GLE 400d 4M Rs 88 lakh | 1.05 crore 
S 350d Rs 1.65 crore 
Mercedes-Maybach S 580 Rs 2.57 crore
Mercedes-Maybach GLS 600 (CBU) Rs 2.92 crore 

However, Mercedes-Benz is not the only manufacturer that has raised prices. Maruti Suzuki, Kia, Mahindra, Audi, and other automakers have raised their prices as well.

The manufacturer currently has locally produced as well as completely built imported vehicles in the Indian market. They have the A-Class Limousine, new generation C-Class, E-Class Long Wheelbase, S-Class and Mercedes Maybach S 580, along with the GLA, GLC, GLC Coupé, GLE and GLS luxury SUVs. For CBU’s there are V-Class, CLS, C-Class Cabriolet, the G 350d, the EQC and some of the vehicles from the AMG range. Mercedes-Benz is also locally producing some AMG vehicles such as the AMG GLC 43 4MATIC Coupe, the AMG A 35 4MATIC+ saloon, AMG GLA 35 4MATIC+ SUV.

Read More: Mercedes-Benz Cuts Price of All-Electric EQE & EQS in China

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