Mercedes-Benz India signals price hike from May 2011

Discussion in 'Indian Automotive Scene' started by *kinnu*, Apr 26, 2011.

  1. *kinnu*

    *kinnu* New Member

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    Mercedes-Benz India indicated that prices of all its models will be revised upwards effective 1st May 2011.

    Mr. Peter Honegg, Managing Director and CEO of Mercedes-Benz India said, “The rising input costs and challenging exchange rates as well as inflationary impacts are areas that have a bearing on the cost of the final product. We have absorbed these to a significant level but moving forward we will have to pass on some portion of this impact to the customer. The prices of all Mercedes-Benz models will be revised upwards effective 1st May 2011 for the Indian market”.
     

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