Mercedes-Benz price hike
In this case, Mercedes-Benz has decided to increase the price of cars by 5% from April 1. Due to this, the price of Mercedes-Benz cars in India will increase up to 12 lakh rupees.
What is the reason for the increase in price of Benz cars?
The Indian rupee has fallen sharply against the European currency, the Euro. This is the main reason why Mercedes-Benz is raising car prices in India, according to Mercedes-Benz.
Apart from this, the cost of car manufacturing has also increased recently. To overcome this, Mercedes-Benz has decided to increase the price of the car.
Depreciation of Indian rupee
Santosh Iyer, Managing Director of Mercedes-Benz India, said, “Last October, the value of the Indian rupee was 78-79 rupees per Euro. Now the rupee is worth 87 rupees per Euro. Due to this, there has been a severe crisis in the industry. He said that if we do not take action now, our entire industry in India will suffer.
How much will the car price go up?
Mercedes-Benz is going to increase car prices in India from April 1. The price of A-Class car will increase by 2 lakh rupees. The price of the GLA SUV will increase by Rs 7 lakh. The price of the S 350d and Maybach S 580 will increase by Rs 12 lakh.