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Mercedes-Benz India Plans January Price Rise Amid Costs
Mercedes-Benz India plans to make its cars more expensive in January.
CEO Santosh Iyer said the rupee remains weak against the euro.
He also cited shipping costs and inflation as reasons for considering a price rise.
The company has not yet decided how large the increase will be.
It expects to decide closer to December.
Mercedes-Benz India said it sold 15,190 vehicles from January through September, about 8% more than a year earlier.
The company also said July through September was its best-ever quarter for sales.
It expects 2026 to be its best year for total sales.
Deliveries of its new S-Class Maybach plug-in hybrid are expected to start by the end of October.
Mercedes-Benz India plans to raise prices across its portfolio in January.
CEO Santosh Iyer cited the weakening rupee, higher shipping costs and inflation.
The company has not decided the size of the increase; it expects to decide closer to December.
Mercedes-Benz India said it raised prices three times in 2026; the article specifies increases of about 2% in January and 2% in April.
The automaker sold 15,190 vehicles from January to September, up about 8% year on year.
- Who
- Mercedes-Benz India, with CEO Santosh Iyer discussing the planned increase.
- What
- A price increase across the company's vehicle portfolio is planned.
- Where
- India.
- When
- January; the increase amount is expected to be decided closer to December.
- Why
- The company cited a weak rupee, higher shipping costs and inflation.
Key facts
- Planned price increase
- Across the portfolio in January; the amount has not been decided.
- Currency cited
- The rupee was at 109–110 per euro, according to Santosh Iyer.
- Price increases in 2026
- The company said it had raised prices three times; the article specifies about 2% in January and 2% in April.
- January–September sales
- 15,190 vehicles, up around 8% year on year.
- July–September sales
- 5,422 vehicles, up 6% year on year and described as the company's best-ever quarterly sales.
- New model
- The S-Class Maybach plug-in hybrid was introduced, with deliveries expected to begin by the end of October.
- Sales outlook
- Iyer expects 2026 to be the company's best year for overall sales.
Quotes
Santosh Iyer
Chief executive officer of Mercedes-Benz India
“This year we have done three price increases. The next one we look forward will be in January because the rupee is still not improving. It is still at the 109-110 per Euro. So we would have to look at the next round of increases in January as such.”
telegraphindia.com









