German Luxury car maker Mercedez Benz will hike prices of its products by 10 % from next month in India!. There are no reasons provided by them for the hike, but the rivals BMW and Audi already said the prices will be increased due to pressure on their business and other economical factors.
There are many brands of the cars which are sold in India including compact cars A class, B class, sedans C class, E class, S class and sports cards priced between 22 lakhs to 3 crores.
Mercedez Benz India Managing Director & CEO Eberhard Kern said: Due to Market dymanics
continue to evolve and so the hike in price although they will continue to provide best luxurious service and delightment to the valued customers.
Earlier, Honda Cars India Limited also commented on price hike on their entire products due to the adverse affect of exchange rate and inflation in the country.
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There are many brands of the cars which are sold in India including compact cars A class, B class, sedans C class, E class, S class and sports cards priced between 22 lakhs to 3 crores.
Mercedez Benz India Managing Director & CEO Eberhard Kern said: Due to Market dymanics
continue to evolve and so the hike in price although they will continue to provide best luxurious service and delightment to the valued customers.
Earlier, Honda Cars India Limited also commented on price hike on their entire products due to the adverse affect of exchange rate and inflation in the country.
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