Mercedes-Benz India to Hike Prices Across Model Range From January 1

The latest price hike from Mercedes-Benz, averaging up to 3%, is attributed to rising input costs, inflationary pressures, and elevated operational expenses.

By Reetika Bhatt | on November 18, 2024 Follow us on Autox Google News

Mercedes-Benz India has announced a price hike across its entire model lineup, effective January 1, 2025. The increase, averaging up to 3%, is attributed to rising input costs, inflationary pressures, and elevated operational expenses. Key models like the GLC SUV will see price hikes of approximately Rs 2 lakh, while the more luxurious Maybach S 680 will rise by up to Rs 9 lakh. However, customers placing orders or purchasing vehicles before December 31, 2024, will be shielded from this price revision.

Santosh Iyer, Managing Director & CEO, Mercedes-Benz India said, 'Over the past three quarters, we have been facing increased pressure on our cost structure primarily driven by escalating material cost, fluctuating commodity pricing, increased logistics expenses and inflationary cost. While we have been absorbing these cost pressures by optimising our operational costs and driving higher efficiencies, the overall bottom line is getting impacted, considering the current challenges. To ensure the sustainability of our business, we have decided on a nominal price correction. This price correction will apply to those vehicles currently not in stock, offering price protection for all existing and future bookings until December 31, 2024.'

Also Read: New Mercedes-Benz CLA Sedan Looks Production-ready in Camouflage; to Debut Globally in 2025

Mercedes-Benz Price Hike: Key Details

As mentioned before, the recent price hike is a response to increasing commodity prices and rising logistics costs, both of which have been exacerbated by ongoing inflationary pressures. These factors have placed considerable strain on Mercedes-Benz’s operational expenses in India. The price adjustment aims to alleviate some of this financial pressure, helping the company maintain a sustainable business model in the face of these challenges.

Mercedes Benz E Class Front Three Quarter jpg

Also Read: New Mercedes-Benz E-Class Launched at Rs 78.5 lakh in India

Mercedes-Benz India currently offers a diverse lineup of 32 vehicles, encompassing 14 SUVs, 12 sedans, a hatchback, 3 convertibles, and 2 coupes. This wide range provides options for various consumer needs, from luxury sedans and compact hatchbacks to high-performance SUVs and stylish convertibles. The price starts at Rs 45 lakh for the A-Class and reaches up to Rs 3.60 crore for the G63 SUV. Both mentioned prices are ex-showroom figures. 

Mercedes-AMG C 63 S E Performance

Mercedes-Benz India's latest offering is the AMG C63 S E Performance, priced at Rs 1.95 crore (ex-showroom). This high-performance model combines luxury with cutting-edge technology, making it a standout in the luxury sports sedan segment. 

Mercedes C63 SE Performance Launch in India

Mechanically, the car is propelled by a 2.0-litre, four-cylinder, turbocharged hybrid engine, which replaces the previous V8 twin-turbo. This unit, the most powerful inline-four globally, features an F1-inspired electronically assisted turbocharger that eliminates turbo lag, enhancing low-end performance. The engine alone produces 469bhp, while the electric motor contributes an additional 200bhp, giving a combined output of 671bhp and 1,020Nm of torque. Power is transmitted to all four wheels via a nine-speed automatic transmission, complemented by the 4Matic all-wheel drive system. Despite its impressive power, the electric-only range is limited to 13 km. The car comes standard with a 3.7kW onboard charger and is equipped with AMG's adaptive suspension, rear-wheel steering, and eight distinct driving modes.

Tags: Mercedes-Benz Mercedes-Benz Cars Mercedes-Benz Price Hike Mercedes-Benz Models

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