German luxury car maker Mercedes-Benz will increase prices of its products in India by 4 per cent across models from January 22 to offset impact of higher excise duty, post withdrawal of concessions by the Government.
"The end of excise duty cut on December 31, 2014 was instrumental in the price revision of Mercedes-Benz products," the company said in a statement.
Mercedes-Benz sells a range of products in India - from luxury hatchback A-Class priced at Rs26 lakh to sedan S 500 priced at Rs1.44 crore (both ex-showroom Delhi).
Besides, it also sells the AMG range - starting with ClA 45 AMG at Rs68.5 lakh to G63 AMG priced at Rs1.8 crore.