Mercedes India to Increase Prices by Upto 2% From October
On September 14, Mercedes-Benz India announced an upward revision of upto 2% in the prices of its selected car models effective from October. It cited weakening of Rupee against Euro as the reason behind this step. The company stated there was significant pressure on the operations owing to rising input costs. Mercedes-Benz India Managing Director Martin Schwenk said, "We as a customer centric-brand will be absorbing most of the impact."