Archive · 23 Jul 2026
Mercedes-Benz India Plans Third Price Hike
Mercedes-Benz India is thinking about raising prices again by about 2% because the rupee is getting weaker.
They've already raised prices twice this year by 4% in total.
The company is doing well, with lots of people buying their luxury cars, including electric and hybrid models.
They launched a new hybrid car, the Mercedes-AMG E 53, which can run on electric power alone for over 100 km.
The company isn't asking for special tax breaks for hybrid cars but thinks the government should support all electric vehicles, not just cheaper ones.
They're also ready for higher ethanol blending in fuel.
Despite some shipping delays, their supply chain is strong, and they're focusing on value growth rather than just selling more cars.
Mercedes-Benz India considers a 2% price hike due to a weakening rupee.
Already raised prices twice this year by a total of 4%.
Launched the Mercedes-AMG E 53 Hybrid, priced between ₹1.45 crore and ₹1.48 crore.
Electric vehicles accounted for 14% of sales in Q1, with higher penetration in premium segments.
Company pursues a multi-powertrain strategy, including petrol, diesel, EVs, and plug-in hybrids.
- Who
- Mercedes-Benz India
- What
- Plans third price hike due to weakening rupee
- When
- Expected decision in a few weeks
- Where
- India
- Why
- To offset currency depreciation and maintain profitability
Government Policy on EVs
Mercedes-Benz India
Tax Concessions for PHEVs
Government Policy on EVs
No specific demand for tax concessions on PHEVs.
Mercedes-Benz India
Government should incentivize all EVs, not just those below ₹30 lakh.
- Price Hike
- 2% expected
- Current Price Hikes
- 4% cumulatively this year
- Rupee to Euro
- 90
- AMG E 53 Hybrid Price
- ₹1.45 crore to ₹1.48 crore
- Electric Range
- More than 100 km
- EV Sales Share
- 14% in Q1
- Top-End EV Penetration
- 22%
- CLA EV Share
- 25%