Mercedes-Benz India to raise prices by up to ₹12.2 lakh to partly offset a spike in forex rates
Mercedes-Benz India has announced ex-showroom price hike of it's models in the range of ₹9 lakh to ₹12.2 lakh and then by 1.5% later to partly offset a steep 10% increase in forex rates over the last four months.
The company has been impacted due to price rise of components and Completely Built Units (CBU).
'While the company absorbs the bulk of the price hike, only a marginal portion is passed on to the market, as Mercedes-Benz India continues to deepen its localization initiatives,' the company said in a statement.
The price hike will be in two phases, starting 1-June and then from 1-September to help customers plan their purchases and finance.
'Price corrections will range from ₹90,000 for a C-Class to ₹12.2 lakh for the Top-End Luxury vehicle, Mercedes-Maybach S 680.
The second phase of the price revision to the tune of 1.5% will be effective from 1, September 2025,' the company added,' the company said.
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