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regular-article-logo Friday, 22 November 2024

Mercedes-Benz India hikes prices by 3%

The constant increase in input costs in addition to an increase in logistics expenses have put significant pressure on the overall costs, necessitating a price rise

Our Special Correspondent Calcutta Published 18.03.22, 04:33 AM
Representational image.

Representational image. File photo

Mercedes-Benz India on Thursday announced a price hike of 3 per cent across its entire model range, effective April 1, 2022. The constant increase in input costs in addition to an increase in logistics expenses have put significant pressure on the overall costs, necessitating a price rise.

Martin Schwenk, managing director and CEO, Mercedes-Benz India said, “To run a sustainable business a price correction is necessary to offset the continuous rise in input and operational costs. The new price range of our vehicles will ensure the brand’s premium price positioning, enabling seamless continuation of best-in-segment ownership experiences for our discerning customers.”

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After the price rise, the A 200 limousine will cost Rs 42 lakh, the GLA 200 Rs 45 lakh, the GLC 200 Rs 62 lakh, the GLE 300d 4M Rs 86 lakh, the GLS 400d 4M Rs 1.16 crore, the LWB E Class 200 Rs 71 lakh, the S Class 350d Rs 1.60 crore, the AMG E63 S4MATIC (CBU) Rs 1.77 crore and the AMG GT 63 S 4 Door Coupe (CBU) Rs 2.70 crore.

Kia offer

Kia India is offering various sales and aftersales initiatives, exclusive to Kia Carens customers. The company is offering comprehensive coverage and value added products for Carens’ customers, giving various convenience benefits. There are also multiple finance schemes on offer.

Hardeep Singh Brar, vice-president and head of sales & marketing, Kia India said: “With unique sales and aftersales initiatives we want to take the Kia brand experience closer to our customers.”

'My Convenience Plus’ , a bundled package, covers periodic maintenance, extended warranty, road side assistance including tyre alloy protection. The customers can choose from Premium and Luxury package, which gives the coverage for 4 and 5 years respectively. The initiative also offers inflation protection in service cost, pan India validity, personalisation, transparency and flexibility.

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