Luxury car maker Mercedes-Benz India said it will increase prices of all of its models with effect from May 1 to offset rising input costs and impact of adverse currency fluctuations .
“The prices of all Mercedes-Benz models will be revised upwards effective May 1, 2011 for the Indian market,” Mercedes-Benz India Managing Director and CEO Peter Honegg said in a statement.
The hike across the models could be in the range of 1.5 per cent to 2 per cent.
Mercedes-Benz India’s model range includes including the C Class, E Class, S Class and the super luxury sedan Maybach. There is no news from BMW and Audi about the price hike, but we expect the prices to be revised in a couple of weeks to offset the new tax applicable due the new CKD norms.