- Mercedes-Benz India has announced a price increase of up to 5% on its lineup
- New prices will take effect on April 1, 2023
- The new price increase is the result of rising input costs and foreign exchange
Mercedes-Benz India has announced a price increase on the ex-showroom price of its model range, beginning 1 April 2023. Throughout the portfolio, the price increase would be in the range of up to 5%. The new price rise resulted from growing input costs, logistics costs, and fluctuations in currency exchange rates. The brand claims that a combination of these factors led Mercedes-Benz India to increase the ex-showroom pricing of its model range in order to cover some of these expenses.
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Mercedes-Benz India Price Hike
Mercedes-Benz prices will increase by Rs 2 lakhs for an A-Class limousine Rs INR 7 lakhs for a top-of-the-line S 350d limousine to Rs 12 lakhs for the top-end Mercedes Maybach S 580 luxury limousine.
Segment | Model | New Ex-Showroom Price w.e.f 1 April 2023 | Old Price | Difference |
Luxury | A 200 | A 220d | Rs 44 lakhs | Rs 46 lakhs | Rs 42 lakh | Rs 44 Lakh | Rs 2 lakh |
Luxury | GLA 200 | GLA 220d | Rs 48.50 lakhs | Rs 50 lakhs | Rs 46.50 | Rs 48 lakh | Rs 2 lakh |
Core Luxury | C 200 | C220d | Rs 60 lakhs | Rs 61 lakhs | Rs 57.50 lakh | 58.50 lakh | Rs 2.5 lakh |
Core Luxury | E 200 | E 220d | Rs 76 lakhs | Rs 77 lakhs | Rs 72.50 | Rs 73.50 | Rs 3.5 lakh |
Core Luxury | GLE 300d 4M | GLE 400d 4M | Rs 90 lakhs | Rs 1.08 cr 8 lakhs | Rs 88 lakh | Rs 1.05 cr | Rs 2 lakh | Rs 3 lakh |
Top End Luxury | GLS 400d 4M | Rs 1 cr 29 lakhs | Rs 1.19 cr | Rs 10 lakh |
Top End Luxury | S 350d | S 450 4M | Rs 1 cr 71 lakhs | Rs 1 cr 80 lakhs | Rs 1.65 cr | Rs 1.74 cr | Rs 6 lakh |
Top End Luxury | Mercedes-Maybach S 580 | Rs 2 cr 69 lakhs | Rs 2.57 cr | Rs 12 lakh |
Top End Luxury | EQS 580 | Rs 1 cr 59 lakhs | Rs 1.55 cr | Rs 4 lakh |
Mercedes-Benz India boasts the most extensive network of any luxury automaker, with presence in 47 Indian cities and more than 123 touchpoints. The Mercedes-Benz performance sub-brand AMG boasts of a significant retail presence in the nation through the exclusive AMG Performance Centres.
Mercedes-Benz India delivered 15,822 brand-new vehicles in CY2022, setting a record for sales in India and continuing to be one of the regions for the automaker that is expanding the fastest globally. For the eighth straight year, the company is in the top spot in the luxury car market.
Verdict: Mercedes-Benz has one of the largest luxury automobile portfolios and a sizable network in the Indian market. Although the upcoming price increase may deter some potential consumers, the business is also offering smart finance options to make ownership simpler for the clients.