GST likely to reduce prices of Mercedes cars

SHAH ALAM: The introduction of the Goods and Services Tax (GST) next year is likely to reduce the prices of Mercedes Benz cars. Mercedes-Benz Malaysia Sdn Bhd vice president of sales and marketing, Kai Schlickum, said the company was still working on the pricing. "The price reduction could happen but we're not sure yet," he told Bernama after launching the new Mercedes-Benz C-Class models -- C200 and C250 -- here today. Schlickum said this when asked on the likely impact of the introduction of GST from Apr 1, 2015 on the prices of Mercedes Benz cars. NEWS from Business Times