Friday, January 28, 2022

It will be expensive to buy a car! Maruti, Audi, Mercedes-Benz India have announced price hikes

If you plan to buy a car, you have to pay a high price. Maruti Suzuki, Audi, and Mercedes-Benz India have announced price hikes for their cars in India. Apart from these companies, other companies may also raise prices in the next few days.

Talking about Maruti Suzuki, the information given on the exchange said, “The price of the company’s car has been adversely affected due to the increase in various input costs in the last one year. Therefore, it becomes essential for the company to pay a portion of this extra cost to the customers through price increase. The company has consistently raised the prices of various models. The company announced price increases in March, July and September this year.

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Recently, the price of Eco has gone up by Rs 8000

Maruti Suzuki has recently increased the price of its Van Eeco by Rs 8,000. This increase is due to the addition of airbags to the Echo. Also, Maruti Suzuki recently reported that production at its two production locations in December could be around 80-85 percent of normal capacity due to a semiconductor shortage. Shares of Maruti Suzuki traded at Rs 7,264.60 on the Bombay Stock Exchange on Thursday afternoon.

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Mercedes-Benz India price hike

German luxury car maker Mercedes-Benz India on Thursday said it would increase the price of selected models by up to two per cent from January 1, 2022 to enhance features and reduce rising costs. However, the company said the increased rate would not apply to customers who have booked their cars and waited more than 4 months for the selected model. The price increase of up to 2 percent will be effective from January 1, 2022. Also, price protection will be applicable till December 31, 2021 for selected models like A-Class, GLA and E-Class.

“Mercedes-Benz is introducing a new generation of models and expanding its range of existing models with new technologies,” the company said in a statement. Mercedes-Benz will only revise the ex-showroom price of selected models to increase such features and offset costs in the face of rising input costs, the company said. The company added that the increased prices would not apply to customers who have booked GLE 400 and GLE 400d SUVs and have been waiting for delivery since April.

Audi has also announced a price increase

German luxury car maker Audio announced on Thursday that it would increase prices by up to 3 percent on its full model range from January 1 next year. The company blamed price increases for the increase in input and operating costs. The company currently offers A4, A6, A8 L, Q2, Q5, Q8, S5 Sportback, RS 5 Sportback, RS 7, RS Q8, e-tron 50, e-tron 55, e-tron Sportback 55, e-tron GT And RS sells models like E-Tron GT in the country.

Audi India head Balbir Singh Dhillon said in a statement, “The new price range of our selected vehicles will ensure the premium pricing position of the brand, which will ensure growth for both the brand and our dealer partners.” He said that with an uninterrupted focus on the customer, the company has ensured that the impact of growth is minimal.


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