Mercedes-Benz in Ireland has announced that all of its car prices are dropping by 10 per cent.
The company says the reduction will apply for a limited period, will cover all cars and is free of any terms and conditions.
Mercedes says he intention behind the price reduction is intended as a competitive tool and "to give support to a dealer organisation in its efforts to combat the effects on new car sales here following the movement in currency values from the recent Brexit result".
Mercedes-Benz passenger car sales in Ireland for 2016 have increased by 44% compared to last year.