Archive · 2 Jun 2025
Mercedes-Benz India to Hike Prices Due to Forex Fluctuations
Mercedes-Benz in India is making their cars cost a little more.
They're raising prices in two steps because the value of the Indian Rupee has gone down compared to the Euro.
This means it costs them more to get parts and build cars.
The price increases will happen in June and September, with different increases for each car model, but overall, prices will go up by about 3%.
This helps the company deal with rising costs caused by changes in currency exchange rates.
Mercedes-Benz India will raise prices in two stages.
Price hikes are between ₹90,000 and ₹12.2 lakh.
The increases are set for June and September.
The total price increase is approximately 3%.
The price adjustments are due to unfavorable exchange rates.
- Who
- Mercedes-Benz India
- What
- Mercedes-Benz is increasing the ex-showroom prices of its models.
- When
- The price hikes will occur in two stages: June 1 and September 1, this year.
- Where
- India
- Why
- To offset the impact of significant forex fluctuations, specifically the depreciation of the rupee against the Euro.
- Price Increase Range
- ₹90,000 to ₹12.2 lakh
- Price Hike Stages
- Two
- First Stage
- Around 1-2% from June 1
- Second Stage
- 1.5% from September 1
- Total Increase
- Around 3%
- Cause
- Forex fluctuations (Euro to INR exchange rate)