Mercedes-Benz India Announces Price Hike From Next Month

Saar: The entire range will receive a bump in the asking price by up to 4 per cent. India’s largest premium carmaker Mercedes-Benz has announced that it will hike prices of its entire product range by up to 4 per cent from September 1, 2018. The reasons cited for this step include “geo-political dynamics”, rising inputs costs and increasing forex rates. Moreover, the depreciation of the Indian currency, which has dropped more than 5 per cent against Euro in the last eight months, has fuelled the company towards increasing the prices. Mercedes-Benz India also pointed out that even the Repo … Continue reading Mercedes-Benz India Announces Price Hike From Next Month