Latest news with #C-Class
AU Financial Review
7 days ago
- Automotive
- AU Financial Review
The Mercedes-AMG CLE 53 is a classy but slightly impractical drive
What is it? The Mercedes-AMG CLE 53 4Matic+ Coupé, to use its slightly comical full name, is the first 'hot-rodded' version of the attractive new CLE, a mid-size coupe that replaces the former C-Class and E-Class two-doors. The AMG has distinct bodywork, gaining wider front and rear fenders (for a wider track), louvres in the front guards, body-coloured spoiler, a different grille and a sportier interior. A Cabriolet version has now joined the fixed roof model. What does it cost? It's $158,900 plus on-road costs, with the usual opportunities to add more 'fruit'. The Carbon Package gives various carbon-fibre panels and veneers for $8900. The AMG Performance Seat Package is $5400. Many will prefer the excellent standard seats, but some buyers just can't help ticking those boxes.
Time of India
12-05-2025
- Automotive
- Time of India
Mercedes Benz hikes prices in India over rising forex rates
1 2 3 Kolkata: Mercedes-Benz has announced a price hike of up to 3% on models ranging from the C 200 to the Maybach S 680, citing the steep hike in forex rates since Jan that impacted the cost structure of imported cars and price hike will be effective in two phases, first from June 1 and again from Sept 1. The company hopes the staggered hike will allow customers the flexibility to plan their purchases to match their financial India managing director & CEO Santosh Iyer pointed out that forex rates increased by around 10% over the last four months, hiking the prices of components and CBU products. "MBI has continued to absorb this steep cost increase so far, it is now compelled to pass on minimal cost onto the market to offset the impact on operational expenses and maintain business sustainability. The company is passing only a marginal portion of the steep price increase to customers, as it continues to deepen localisation initiatives," Iyer the first phase, the price corrections will range from Rs 90,000 for a C-Class to Rs 12.2 lakh for the Mercedes-Maybach S 680. In the second phase, the price correction will be around 1.5%.The official further pointed out that services from Mercedes-Benz Financial Services, like reduced EMI and partial ownership via Star Agility, will ensure that the monthly EMI outflow for customers will remain largely unchanged despite the minimal price revision, thereby minimising the impact on their expenses. For models like the GLA and GLC, the EMI difference will be less than Rs 2, Mercedes-Benz has announced a price hike of up to 3% on models ranging from the C 200 to the Maybach S 680, citing the steep hike in forex rates since Jan that impacted the cost structure of imported cars and price hike will be effective in two phases, first from June 1 and again from Sept 1. The company hopes the staggered hike will allow customers the flexibility to plan their purchases to match their financial India managing director & CEO Santosh Iyer pointed out that forex rates increased by around 10% over the last four months, hiking the prices of components and CBU products. "MBI has continued to absorb this steep cost increase so far, it is now compelled to pass on minimal cost onto the market to offset the impact on operational expenses and maintain business sustainability. The company is passing only a marginal portion of the steep price increase to customers, as it continues to deepen localisation initiatives," Iyer the first phase, the price corrections will range from Rs 90,000 for a C-Class to Rs 12.2 lakh for the Mercedes-Maybach S 680. In the second phase, the price correction will be around 1.5%.The official further pointed out that services from Mercedes-Benz Financial Services, like reduced EMI and partial ownership via Star Agility, will ensure that the monthly EMI outflow for customers will remain largely unchanged despite the minimal price revision, thereby minimising the impact on their expenses. For models like the GLA and GLC, the EMI difference will be less than Rs 2,000.
Time of India
12-05-2025
- Automotive
- Time of India
Mercedes cars in India to get costlier by up to Rs 12.2 lakh from this date: Here's why
Mercedes cars in India to get costlier. Mercedes-Benz India is set to introduce a two-stage price hike across its model lineup, citing a steep 10% rise in forex rates over the past four months. The German luxury carmaker announced that the first phase of the price adjustment would take effect from June 1, 2025, with hikes ranging from Rs 90,000 for the C-Class to a significant Rs 12.2 lakh for the Mercedes-Maybach S 680. A second phase, scheduled for September 1, 2025, will bring an additional 1.5% increase across all models. Mercedes-Benz price hike: Here's why it is being implemented The company stated that while it has been absorbing much of the cost pressures triggered by currency fluctuations, a partial pass-through to customers has become necessary. The company, however, said that it continues to deepen its localization initiatives to minimize the impact of rising component and CBU import costs. Mercedes-Benz EQA 250 Long-term Review: Things to know before Buying | TOI Auto by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Your Finger Shape Says a Lot About Your Personality, Read Now Tips and Tricks Undo To ease the financial burden, Mercedes-Benz Financial Services is introducing schemes designed to keep monthly EMI payments largely unchanged, even with the price hike. In addition to price adjustments, the carmaker is aiming to offer minimal EMI differences: as low as Rs 2,000 for models like the GLA and GLC, post price revision. The revised ex-showroom prices will reflect the increase from June 1, 2025, and further adjustments are scheduled for September 1, 2025. Stay tuned to TOI Auto for latest updates on the automotive sector and do follow us on our social media handles on Facebook, Instagram and X. Discover everything about the automotive world at Times of India .
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Business Standard
09-05-2025
- Automotive
- Business Standard
Mercedes-Benz India focuses on deep localisation as forex hit push costs up
Luxury carmaker to raise prices in two phases in 2025 due to forex pressures while expanding localisation to protect margins and banking on India's economic resilience Sohini Das Mumbai Listen to This Article Amid geopolitical tensions and escalations between India and Pakistan, Mercedes Benz India sees 2025 to be a relatively 'tough year' but bets on the resilience of the Indian economy to drive demand for luxury cars. The German luxury carmaker, which leads India's 50,000-odd units annual luxury car market, announced a price increase in the range of ₹90,000 (for a C-Class) to ₹12.2 lakh (for the Mercedes-Maybach S 680) in two stages (June and September) as forex rates increased. According to data from Bloomberg, the rupee has depreciated by 7.19 per cent year-to-date (YTD) vis-a-vis the Euro. Speaking to Business Standard, Mercedes
Hindustan Times
09-05-2025
- Automotive
- Hindustan Times
Mercedes-Benz India to hike prices from June 1 by up to ₹12.2 lakh
Mercedes-Benz has announced it will be increasing prices across its lineup by up to 1.5 per cent. The company will be increasing prices in a two-stage process with the first hike to come into effect from June 1, and the second on September 1, 2025. The two-stage price revision aims to soften the impact on customers and offer a more flexible purchase option. The price hike will range between ₹90,000 and ₹12.2 lakh, the company confirmed. The price hike will range between ₹ 90,000 and ₹ 12.2 lakh with a part of it applicable from June 1, and the rest from September 1, 2025. Mercedes-Benz India aims to soften the impact on customers with the two-stage price revision. Mercedes-Benz says that it is only passing a marginal portion of the cost increase to customers. The C-Class gets the lowest price hike at ₹90,000 and will now start from ₹60.3 lakh. On other hand, the Mercedes-Maybach S-Class gets a maximum price hike of ₹12.2 lakh, and is now priced at ₹3.60 crore. All prices are ex-showroom. You can check out the modelwise price increment below. Mercedes-Benz models Price Hike Model Old Price (Ex-Showroom) New Price (Ex-Showroom) Difference Mercedes-Benz C 200 ₹ 59.4 lakh ₹ 60.3 lakh ₹ 90,000 Mercedes-Benz GLC 300 4MATIC ₹ 76.8 lakh ₹ 78.3 lakh ₹ 150,000 Mercedes-Benz E 200 ₹ 79.5 lakh ₹ 81.5 lakh ₹ 200,000 Mercedes-Benz GLE 300d 4MATIC AMG Line ₹ 99 lakh ₹ 1.01 crore ₹ 250,000 Mercedes-Benz EQS SUV 450 4MATIC ₹ 1.28 crore ₹ 1.31 crore ₹ 300,000 Mercedes-Benz GLS 450 4MATIC ₹ 1.34 crore ₹ 1.37 crore ₹ 310,000 Mercedes-Maybach S 680 ₹ 3.48 crore ₹ 3.60 crore ₹ 12,20,000 Mercedes said that while it continued to absorb the steep cost hike so far, it was compelled to pass the same on to the market to offset operational expenses and maintain business sustainability. The automaker said the price revision has been triggered by a steep hike in forex rates since January this year. This has severely impacted the cost structure of components and products, especially the fully imported models. Why have a two-stage price revision? Explaining the need for a two-stage price revision, Mercedes said the same will help customers to plan their purchases and opt for finance schemes that better suit their requirements. The automaker claims for models like the GLC and GLC SUVs, the EMI difference will be less than ₹2,000 after the price hike. Under Mercedes-Benz Financial Services, the automaker offers a host of flexible payment options including lower interest rates, reduced EMIs, partial ownership, and more. Check out Upcoming Cars in India 2024, Best SUVs in India. First Published Date:
