Mercedes plans price cuts for models made in India

NEW DELHI: German luxury car maker Mercedes Benz is slashing prices of its vehicles produced in India by up to ₹7 lakh to pass on benefits of new rate under the goods and services tax (GST) due in July. The new prices will be effective tomorrow through the whole of June, but in case GST is deferred, the firm said it would revert to the old prices till its roll-out. Mercedes Benz India locally produces nine models— CLA sedan, SUVs GLA, GLC, GLE and GLS, luxury sedans C-Class, EClass, S -Class and Maybach S 500—which are priced between ₹32 lakh and ₹1.87 crore (ex-showroom Delhi). The price reduction will range from ₹1.4 lakh on the CLA sedan to ₹7 lakh on Maybach S 500.