Mercedes-Benz Cars to become expensive next month
January 16th, 2009 Leave a comment Visited 19 times, 1 so far today
Mercedes-Benz Cars to become expensive next month
Mercedes-Benz India is likely to hike the prices of their cars next month.
The company said that the prices could be hiked on all of their models from mid-February 2009.
Mercedes-Benz India’s Managing Director and CEO, Wilfried Aulbur said in a statement that they have been absorbing the increased costs for sometime now but it cannot be done any longer.
He said: “We are going to increase prices of all Mercedes-Benz cars from mid-February 2009.”
Automobiles, Cars, India, Mercedes, Mercedes Benz India, Mercedes-Benz, Wilfried Aulbur
Somanshu
Category: Automobiles
|
TechWhack on Facebook
|
January 16th, 2009 at 9:19 pm
Mercedes-Benz Cars to become “expensive” next month.
Hello? Are they “cheap” now?
March 23rd, 2009 at 6:20 pm
This is a ridiculous idea. I believe that BMW is outselling Merc by a wide margin. If that is true, this price increase will only further the chances of BMW to increase market share. That’s a pity since Mercedes has committed to the Indian market for many years now and have been manufacturing in India for all this while. In spite of that, they will end up being more expensive than BMW for like for like models.
I don’t think customers will buy the argument of input prices having gone up. Almost all commodities have nose-dived in the last few months. With a much better levels of local sourcing, they should be much less impacted by Fx variation than BMW. Also, they did not reduce prices when the Re was appreciating against the dollar.
My recommendation to Mercedes India is to not go ahead with this price increase. If they do, they will further lose ground.
Sandeep