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Merc India to up prices by up to 2.5% in Sept

German luxury carmaker Mercedes-Benz India will hike prices of its products by up to 2.5 per cent from next month in the country to partially offset rising input costs and high exchange rate.

The quantum of price increase would be up to 2.5 per cent depending upon the model range, effective from 1 September, Mercedes-Benz India said in a statement.

‘Rising input costs coupled with other factors like continued high exchange rate have been impacting the bottom- line, making a price revision inevitable,’ it added.

Mercedes Benz sells a range of luxury cars and sports utility vehicles in India, including compact cars A Class and B class, sedans C Class, E Class and S Class and G63 AMG, priced between Rs 26.19 lakh and Rs 1.85 crore.
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