The automaker's ESF 2019 has a number of trailblazing safety innovations in tangible form that reflect the mobility of the future and the new approaches associated with autonomous driving
Luxury carmaker Mercedes-Benz India on Wednesday said it will increase prices of its entire product portfolio by up to 3 per cent from January in order to offset the impact of rising input costs. The correction in price would be up to the quantum of 3 per cent, varying across the broad model range, the German luxury carmaker said in a statement. "We have been reviewing the various cost escalations, including the rise in the commodity and input costs that have been exerting pressure on our bottom line. To run a sustainable business and protect our customers' investment in the brand, there is a need to offset the impact of these rising costs through a moderate price correction," Mercedes-Benz India Managing Director & CEO Martin Schwenk said. Though the company has been absorbing the majority of these, it is left with few options but to pass on some of the additional costs to the customers, he added. Other carmakers like Nissan Motor India, Maruti Suzuki, Hyundai Motor and Tata ...
The model affected is the Mercedes-Benz GLK 220 produced between 2012 and 2015