Wednesday, April 27, 2011

Mercedes-Benz Cars May Hike Price from May 2011

Mercedes-Benz India today indicated that prices of all its models will be revised upwards effective 1st May 2011.

"The rising input costs and challenging exchange rates as well as inflationary impacts are areas that have a bearing on the cost of the final product.

We have absorbed these to a significant level but moving forward we will have to pass on some portion of this impact to the customer.

The prices of all Mercedes-Benz models will be revised upwards effective 1st May 2011 for the Indian market." commented Peter Honegg, Managing Director and CEO of Mercedes-Benz India.

Source: Mercedes-Benz India

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