Mercedes-Benz rolls out new locally-produced S-Class from Rs 1.57 cr

Mercedes-Benz India has launched the new Made in India S-Class, which is around Rs 50 lakhs cheaper than the CBU version. The S 350 D has been priced at Rs 1.57 crore and the S 450 4MATIC at Rs 1.62 crore.

By:October 8, 2021 6:28 AM
Mercedes Benz S-Class

Mercedes-Benz India on Thursday launched its new Mercedes S-Class car, which is made in India. The new S Class will be cheaper by Rs 50 lakh compared to the completely built units (CBU) imported into the country. The company rolled out two variants of the new S Class from its Chakan facility in Pune. The S 350 D has been priced at Rs 1.57 crore and the S 450 4MATIC at Rs 1.62 crore.

The luxury carmaker has seen a quick recovery in the market with record sales in the third quarter of 2021. However, the Mercedes-Benz India, managing director, Martin Schwenk has warned of supply-side challenges which could affect their ability to service this demand in the last quarter. There would be a waiting period of 16 weeks and even longer in some cases because of the semiconductor shortage, logistics challenges and availability of components, Schwenk said.

Mercedes-Benz carved a strong rebound in its sales performance in Q3 2021 (July-September) buoyed by a strong product portfolio and resurgent customer sentiment, Schwenk said. The company has seen a V-shaped recovery since June. Under normal circumstances they could have sold more, he added.

The new S Class was launched in June as a CBU and going by the response, the company accelerated the launch of the cars made in India. The company has sold 8,250 Mercedes S Class cars in the country to date. Mercedes-Benz now produces 13 models in India and has the largest portfolio of locally manufactured products.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Latest Auto News