logo
#

Latest news with #GLC3004MATIC

Mercedes-Benz hikes prices in India by up to 1.5%; new rates effective from June and September 2025
Mercedes-Benz hikes prices in India by up to 1.5%; new rates effective from June and September 2025

Mint

time09-05-2025

  • Automotive
  • Mint

Mercedes-Benz hikes prices in India by up to 1.5%; new rates effective from June and September 2025

Mercedes-Benz has announced a price revision across its entire Indian lineup, with increases of up to 1.5 per cent to be rolled out in two stages. The first phase of the hike will take effect from 1 June 2025, followed by a second increment on 1 September 2025. According to the company, this two-stage process is designed to soften the financial impact on customers and provide more flexibility in planning their purchases. The luxury carmaker confirmed that prices will rise by amounts ranging from ₹ 90,000 to ₹ 12.2 lakh, depending on the model. The Mercedes-Benz C-Class will see the smallest increase of ₹ 90,000, raising its starting price to ₹ 60.3 lakh (ex-showroom). The GLC 300 4MATIC will become dearer by ₹ 1.5 lakh, with its new price set at ₹ 78.3 lakh. Meanwhile, the E 200 will see a rise of ₹ 2 lakh, taking its new price to ₹ 81.5 lakh. The GLE 300d 4MATIC AMG Line will have a price increase of ₹ 2.5 lakh, pushing its sticker price to ₹ 1.01 crore. The EQS SUV 450 4MATIC will see a ₹ 3 lakh jump, making its new price ₹ 1.31 crore, while the GLS 450 4MATIC will now cost ₹ 1.37 crore after a ₹ 3.1 lakh increase. The most substantial hike applies to the flagship Mercedes-Maybach S 680, which will see its price rise by ₹ 12.2 lakh, taking it to ₹ 3.60 crore. All prices mentioned are ex-showroom. Mercedes-Benz stated that despite having absorbed rising operational costs for some time, it is now compelled to pass on a portion of these costs to customers to ensure business sustainability. The company attributed the need for the price revision primarily to the sharp increase in foreign exchange rates since January 2025, which has significantly impacted the cost structure of components and fully imported models. Explaining the rationale behind the two-stage price hike, Mercedes said that the staggered approach would allow customers to plan their purchases more effectively and opt for finance schemes that best suit their needs. The company highlighted that for popular models like the GLC and GLC SUVs, the increase in monthly instalments would be less than ₹ 2,000 after the price adjustment. Through Mercedes-Benz Financial Services, the company offers various flexible payment options, including lower interest rates, reduced EMIs, and partial ownership schemes.

Mercedes-Benz India plans two-phase price hike from June 2025
Mercedes-Benz India plans two-phase price hike from June 2025

Time of India

time09-05-2025

  • Automotive
  • Time of India

Mercedes-Benz India plans two-phase price hike from June 2025

Mercedes-Benz India announced a two-stage price revision for its model range, effective June 1st and September 1st, 2025, due to a significant increase in forex rates since January 2025 impacting component and product costs. The staggered approach aims to provide customers with flexibility in planning their purchases, while the company absorbs a portion of the cost increase through increased localization efforts and offers financial solutions to minimize customer impact. The initial price increase will take effect on June 1st, 2025, with a further increase of up to 1.5per cent scheduled for September 1st, 2025. The luxury carmaker cited a steep increase in forex rates since January 2025 as the primary driver for the price adjustments. This increase has severely impacted the cost structure of components and products, particularly completely built-up units (CBUs). June Price hike The first phase of price revisions will take effect on June 1, 2025. Several models will see an increase in their ex-showroom prices. The C 200 will see an increase of ₹0.9 lakh, moving from ₹59.4 lakh to ₹60.3 lakh. The GLC 300 4MATIC will increase by ₹1.5 lakh, from ₹76.8 lakh to ₹78.3 lakh. The E 200 will see a price increase of ₹2.0 lakh, moving from ₹79.5 lakh to ₹81.5 lakh. The GLE 300d 4MATIC AMG Line will increase by ₹2.5 lakh, from ₹99.0 lakh to ₹101.5 lakh. The EQS SUV 450 4MATIC will see a price increase of ₹3.0 lakh, moving from ₹128.0 lakh to ₹131.0 lakh. The GLS 450 4MATIC will increase by ₹3.1 lakh, from ₹133.9 lakh to ₹137.0 lakh. The Maybach S 680 will experience the most significant price increase of ₹12.2 lakh, moving from ₹347.8 lakh to ₹360.0 lakh.

Mercedes-Benz India announces two-stage price revision for luxury models effective June and September 2025
Mercedes-Benz India announces two-stage price revision for luxury models effective June and September 2025

Time of India

time09-05-2025

  • Automotive
  • Time of India

Mercedes-Benz India announces two-stage price revision for luxury models effective June and September 2025

Mercedes-Benz India announced a two-stage price revision for its model range, effective June 1st and September 1st, 2025, due to a significant increase in forex rates since January 2025 impacting component and product costs. The staggered approach aims to provide customers with flexibility in planning their purchases, while the company absorbs a portion of the cost increase through increased localization efforts and offers financial solutions to minimize customer impact. The initial price increase will take effect on June 1st, 2025, with a further increase of up to 1.5per cent scheduled for September 1st, 2025. The luxury carmaker cited a steep increase in forex rates since January 2025 as the primary driver for the price adjustments. This increase has severely impacted the cost structure of components and products, particularly completely built-up units (CBUs). June Price hike The first phase of price revisions will take effect on June 1, 2025. Several models will see an increase in their ex-showroom prices. The C 200 will see an increase of ₹0.9 lakh, moving from ₹59.4 lakh to ₹60.3 lakh. The GLC 300 4MATIC will increase by ₹1.5 lakh, from ₹76.8 lakh to ₹78.3 lakh. The E 200 will see a price increase of ₹2.0 lakh, moving from ₹79.5 lakh to ₹81.5 lakh. The GLE 300d 4MATIC AMG Line will increase by ₹2.5 lakh, from ₹99.0 lakh to ₹101.5 lakh. The EQS SUV 450 4MATIC will see a price increase of ₹3.0 lakh, moving from ₹128.0 lakh to ₹131.0 lakh. The GLS 450 4MATIC will increase by ₹3.1 lakh, from ₹133.9 lakh to ₹137.0 lakh. The Maybach S 680 will experience the most significant price increase of ₹12.2 lakh, moving from ₹347.8 lakh to ₹360.0 lakh.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store