Mercedes-Benz India to Raise Prices by Up To 2% from April

Mercedes-Benz India has announced that it will increase prices across its vehicle range by around 2% starting in April. The move is aimed at partially offsetting the impact of foreign exchange volatility and rising input costs.

According to the company, the decision has been driven largely by fluctuations in currency markets, particularly the continued weakening of the Indian rupee against the euro. Higher input costs have also contributed to the need for a price revision.

A company spokesperson said Mercedes-Benz always attempts to absorb cost pressures wherever possible. However, a price adjustment has become necessary to maintain long-term business sustainability while continuing to deliver high-quality products and customer experiences.

This development comes shortly after Audi announced that it would also increase prices of its vehicles in India by up to 2% starting April 1. Mercedes says that it aims to keep the impact on customers as limited as possible despite the revision.

The company recently launched the facelifted V-Class in India, directly challenging the popular Toyota Vellfire. The company will also very soon announce the price of the new-gen CLA electric.