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New Mercedes Benz S-Class model to be cheaper in the Indian market!
Mercedes-Benz has said that their upcoming update to the S-Class model would be cheaper for the Indian consumers.
The car can be priced around 15-20 per cent cheaper as the company would now be assembling the car at its facility in Pune.
Daimler Chrysler director (corporate affairs and finance) Suhas Kadlaskar spoke about this initiative: “We have started assembling of the new model of S-Class car at our Pune plant recently and the first batch of this would come out this month. We expect its price will go down as we would cut import cost.”
The company sells two variants of the Mercedes S Class model in the Indian market. S-350 is currently priced between Rs 72-75 lakh while the more expensive S-500 comes with a price tag of Rs 85 lakh. Mercedes Benz would now be assembling the S-350 model in the Indian market.
Kadlaskar added: “The complete built up units of S Class attracts an import duty of 112 per cent. The company would narrow down these costs to a large extent as it starts domestic assembling.”