Mercedes starts local assembly of S-Class in India
German luxury car maker Mercedes Benz today announced commencement of assembly of the S-Class sedan in India and has slashed the car's price by INR 18 lakh to enhance its position in the country.
The locally produced top-end model S 500 will be priced at Rs 1.39 crore (ex-showroom, Delhi) and will be rolled out from the manufacturing facility in Chakan, Pune, Mercedes-Benz India said in a statement, adding that this strategic move will help to cater to the increasing demand.
In January, the company had launched the S-Class luxury sedan in India, priced at INR 1.57 crore (ex-showroom, Delhi) for the launch version of the new S-Class, which was fully imported.
The company has already sold out the 125 units of the launch edition allocated by its German headquarters for India.
It said that the new S-Class currently has a waiting period of approximately 3 months.
Mr Eberhard Kern CMD of Mercedes-Benz India said that "No other car stands for Mercedes-Benz brand promise more than the S-Class and we are delighted to manufacture the new S-Class at our state-of-the-art production facility in Chakan, Pune."
Mr Kern said that "This also reiterates our commitment to bring world class manufacturing facilities in India to support our growth in the luxury automotive business."
Currently, Mercedes-Benz India locally produces S-Class, E-Class, C-Class, GL-Class and the M-Class, while it imports completely built units of the A-Class, CLS-Class, SLK-Class and the luxury tourer B-Class, among others.
Source - PTI