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Mercedes, BMW lower prices, announce benefits before GST kicks in

Merc cuts prices by up to nine per cent to keep sales intact

Ajay Modi  |  New Delhi 

Luxury carmakers, hit by diesel ban in the National Capital Region and demonetisation in recent times, are treading cautiously in the run-up to the Goods and Services Tax (GST). The country’s largest luxury carmaker, Mercedes-Benz, has lowered prices by up to nine per cent with immediate effect to ensure that customers do not postpone purchases to wait for a price benefit that kicks in from July. BMW is offering discounts and benefits until actual price cut happens to keep sales intact. Companies do not want to take any hit on sales. The minimum price cut on a ...

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First Published: Fri, May 26 2017. 00:18 IST
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