Germany Luxury car maker Mercedes-Benz said on Friday that it is going to increase the prices of its vehicles from January 1, 2025. The company said that from January 1, their cars will become costlier by 3 percent. The company has also explained the main reasons behind increasing the prices of vehicles. Mercedes says that it has to take this step due to rising costs, inflationary pressure and high operating expenses. Mercedes-Benz India said in its statement that the prices of Mercedes-Benz luxury cars in India will increase by Rs 2 lakh to Rs 9 lakh.
The company is going to take steps to ensure the stability of the business.
From January 1, 2025, the price of the Mercedes GLC Class will increase by Rs 2 lakh and the price of the Mercedes Maybach S 680 luxury limousine will increase by Rs 9 lakh. Santosh Iyer, CEO and Managing Director, Mercedes-Benz India, said, “Over the last three quarters, we have been facing increasing pressure on our cost structure. This is mainly due to rising cost of raw materials, fluctuations in commodity prices, increase in logistics expenses and inflation. He further said that to ensure the sustainability of the business, we have increased the prices marginally. Have decided.
There was a huge jump in the sales of Mercedes-Benz in October 2024.
Let us tell you that in October 2024, there was a huge increase in the sales of Mercedes-Benz. Due to the festive season, the company sold a total of 1792 vehicles in October. Whereas in the month of October last year, Mercedes-Benz had sold only 1374 vehicles. Mercedes-Benz had sold a total of 1308 vehicles in September this year. On the other hand, BMW, the main rival of Mercedes-Benz in India, had sold a total of 1475 vehicles in October 2024. In October last year, BMW had sold a total of 1165 vehicles.
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