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No Price Increase Across The Board, Says Mercedes-Benz

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KUALA LUMPUR – Mercedes-Benz Malaysia today said it will not increase the price of its vehicles across the board at the start of the new year.

The leading premium automotive manufacturer said it will continue to monitor all influencing factors.

“In the interest of our customers, we continue to provide the best product experience and customer service at competitive prices,” it said in a statement.

The company also announced that its locally-assembled luxury hybrid vehicles, namely the S400L Hybrid and E300 BlueTec Hybrid, had received an extension on import duty and excise tax exemptions.

President and Chief Executive Officer Dr Claus Weidner said the company was delighted to have been granted the extension and would continue to invest in this country to support the nation’s aspirations of becoming an Energy Efficient Vehicle (EEV) hub.

“The locally produced hybrids are certainly a testament to the close cooperation between Mercedes-Benz Malaysia and our local automotive stakeholders, in terms of both product and technological know-how.

“In our commitment to the Malaysian automotive market and our customers, we have invested in a sustainable manner into our production plant and have brought in the suitable technology geared to support the nation’s aspirations of becoming an EEV hub,” he said.

Since 2003, Mercedes-Benz Malaysia has invested over RM800 million to assemble, distribute and market Mercedes-Benz passenger vehicles in Malaysia, the statement said. – BERNAMA

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