Mercedes-Benz India today announced a downward revision in its transaction prices to cover the difference in current ex-showroom prices and post GST ex showroom prices for customers, on the entire ‘Made in India’ product portfolio.The price revision on a weighted average of 4% will be effective immediately, and is aimed at providing value to a customer’s purchase decision before GST implementation.Some key highlights of the announcement are as following:
• Transactional price of the entire Mercedes-Benz ‘Made in India’ model range set to decrease by 4% on a weighted average with immediate effect
• Price reduction varies state wise between 2% to 9% and is dependent on current tax structure and local body taxes compared to new GST structure
• As a customer centric measure, Mercedes-Benz passes on the transactional benefits to customers at an earlier stage to drive value in their purchase decisions
• The entire portfolio comprising of nine ‘Made in India’ models like CLA, GLA, C-Class, E-Class, S-Class, GLC, GLE, GLS and Mercedes-Maybach S 500 will benefit from the new GST regime and become more affordable