Mercedes-Benz Set To Hike Car Prices On 1 January, 2025 (Press Release)
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 optimizing 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 for 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 31st. Flexible financing options from Mercedes-Benz Financial Services will ensure optimal total cost of ownership for our customers. Also Read: December 2024: Maruti Suzuki Car Offers On Baleno, Dzire, Swift, Vitara December 2024: Tata Car Offers On Altroz, Tiago, Tigor, Harrier Note: Now Find Out The Fuel Price In India Using V3Cars
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 optimizing 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 for 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 31st. Flexible financing options from Mercedes-Benz Financial Services will ensure optimal total cost of ownership for our customers.
Also Read: December 2024: Maruti Suzuki Car Offers On Baleno, Dzire, Swift, Vitara
December 2024: Tata Car Offers On Altroz, Tiago, Tigor, Harrier
Note: Now Find Out The Fuel Price In India Using V3Cars
