1 year ago
Mercedes-Benz: FTAs Won't Change Luxury Car Prices in India
Mercedes-Benz India says that the price of luxury cars won't change even if there are new trade deals with other countries.
They explain that because most of the cars they sell in India are made in India, the trade deals won't affect the price much.
Some experts thought prices might go down, but Mercedes-Benz believes this won't happen.
The company also recently released new, high-performance cars like the AMG GT 63.
Plus, they're seeing a lot more people buying electric luxury cars.
Mercedes-Benz India states that Free Trade Agreements (FTAs) won't impact luxury car prices.
The majority of luxury cars sold in India are locally produced.
Experts initially anticipated price reductions with the implementation of FTAs.
Mercedes-Benz launched the AMG GT 63 4MATIC+ and 'GT 63 PRO' at ₹3 crore and ₹3.6 crore.
The company has observed significant growth in luxury electric vehicle sales.
- Who
- Mercedes-Benz India and experts.
- What
- Mercedes-Benz India discussed the impact of Free Trade Agreements on luxury car prices and launched new models.
- Where
- India
- When
- Published on June 27, 2025.
- Why
- To clarify the impact of Free Trade Agreements on luxury car prices.
Experts
Mercedes-Benz India
Price Reduction Expectations
Experts
Prices of luxury cars would reduce with FTA agreements.
Mercedes-Benz India
Prices of luxury cars won't significantly change.
Key facts
- Company
- Mercedes-Benz India
- Topic
- Impact of Free Trade Agreements (FTAs)
- Local Production
- 90-95% of cars sold are locally produced
- AMG GT 63 4MATIC+
- ₹3 crore
- AMG GT 63 PRO
- ₹3.6 crore
- Luxury EV Sales Growth
- 73% (Jan-May)
