"The end of excise duty cut on December 31, 2014 was instrumental in the
price revision of Mercedes-Benz products," the company said in a
statement.
Mercedes-Benz sells a range of products in India – from luxury hatchback A-Class priced at Rs 26 lakh to sedan S 500 priced at Rs 1.44 crore (both ex-showroom Delhi).
Besides, it also sells the AMG range - starting with CLA 45 AMG at Rs 68.5 lakh to G63 AMG priced at Rs 1.8 crore.
Commenting on the price hike, Mercedes-Benz India Managing Director & CEO Eberhard Kern said: "The excise duty cut was of much relief to the automotive sector in general and luxury cars, in particular.
However, the end of excise benefit left us with no option but to pass on the additional cost to our customers."
Mercedes-Benz sells a range of products in India – from luxury hatchback A-Class priced at Rs 26 lakh to sedan S 500 priced at Rs 1.44 crore (both ex-showroom Delhi).
Besides, it also sells the AMG range - starting with CLA 45 AMG at Rs 68.5 lakh to G63 AMG priced at Rs 1.8 crore.
Commenting on the price hike, Mercedes-Benz India Managing Director & CEO Eberhard Kern said: "The excise duty cut was of much relief to the automotive sector in general and luxury cars, in particular.
However, the end of excise benefit left us with no option but to pass on the additional cost to our customers."
Source: Automotive News and Gadget Reviews India
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