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regular-article-logo Saturday, 16 November 2024

Mercedes-Benz India to hike prices by up to 3 per cent from january 2025 amid rising costs

Although the company will continue to absorb the bulk of these costs, a nominal portion will be passed on to the market

Our Special Correspondent Calcutta Published 16.11.24, 11:01 AM
Representational image

Representational image File image

Mercedes-Benz India on Friday said it will raise the ex-showroom prices of its entire range from January 1, 2025.

The price hike would be up to 3 per cent.

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The company said: “The combination of rising input costs, inflation, and higher operational expenses has been exerting a considerable pressure on Mercedes-Benz India’s business operations.

“The company has been absorbing the rise in operational cost since the last three quarters and has now decided to raise prices.”

Although the company will continue to absorb the bulk of these costs, a nominal portion will be passed on to the market.

Prices of Mercedes-Benz cars will be revised by 2 lakh for the GLC to 9 lakh for the top-end Mercedes-Maybach S 680 luxury limousine.

Mahindra EV

Mahindra is set to introduce two electric brands, XEV and BE, on the Electric Origin Inglo architecture, at the Unlimit India World Premiere on November 26 in Chennai.

Both brands will launch their first flagship products – the XEV 9e and the BE 6e. The ground-up Inglo architecture packs a lot of innovations.

From class-leading safety standards to performance and impressive range and efficiency, Inglo is designed to deliver a multi-sensory driving experience.

The XEV 9e will redefine electric luxury, while the BE 6e delivers bold, athletic performance.

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