Mercedes-Benz India has announced it is raising the prices of its vehicles from 1-3 per cent with effect from January 14, 2013.

Eberhard Kern, Managing Director & CEO, Mercedes-Benz India said, "Rising inputs cost, volatility of the rupee-euro, high interest rates and other associated factors have put significant pressure on us. We will increase prices of our vehicles to the tune of 1-3% effective January 14.”

The price of the B-Class and the CBU range of vehicles comprising the CLS-Class, SLK-Class, R-Class and the SLS AMG will be increased by 1 per cent, while the rise for C-Class and E-Class sedans will be 1.5 per cent. The S-Class sedan and M-Class SUV will see a price rise of 3 per cent.

During 2012, the company’s wholesale sales stood at 7,138 units. The new M-Class SUV launched in India in May 2012 is booked until May-2013 while the B-Class is booked until February 2013.

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