Business Line reported that Mercedes-Benz India is raising the prices of its vehicles from 1% to 3% with effect from January 14th 2013.
Mr Eberhard Kern MD & CEO of Mercedes-Benz India said that "Rising inputs cost, volatility of the rupee-euro, high interest rates and other associated factors have put significant pressure on us. We will increase prices of our vehicles to the tune of 1% to 3% effective January 14th.”
The price of the B-Class and the CBU range of vehicles comprising the CLS-Class, SLK-Class, R-Class and the SLS AMG will be increased by 1%, while the rise for C-Class and E-Class sedans will be 1.5%. The S-Class sedan and M-Class SUV will see a price rise of 3%.
During 2012, the company’s wholesale sales stood at 7,138 units. The new M-Class SUV launched in India in May 2012 is booked until May 2013 while the B-Class is booked until February 2013.
Source:
http://www.steelguru.com/indian_news/MercedesBenz_Indian_to_hike_prices_3pct_from_Jan_14th_2013/297109.html
