New Delhi, March 17 (SocialNews.XYZ) Luxury carmaker Mercedes-Benz India on Thursday announced an upward revision in price of its entire model range effective from April 1.
According to the company, the imminent price correction would be in the range of 3 per cent across the entire model range. It said that the constant increase in input prices in addition to an increase in logistics rates have been exerting significant pressure on the overall costs of the company.
"At Mercedes-Benz we continue to offer the most technologically advanced products for an unmatched product experience," said Martin Schwenk, Managing Director & CEO, Mercedes-Benz India.
"However, 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."
Source: IANS
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.
