Mercedes to hike prices

 Mercedes-Benz India will hike prices of its products by up to 2.5 per cent from next month in the country to partially offset rising input costs and high exchange rate.

The quantum of price increase would be up to 2.5 per cent depending upon the model range, effective from September 1, Mercedes-Benz India said .

 “Rising input costs coupled with other factors like continued high exchange rate have been impacting the bottom- line, making a price revision inevitable,” it added.

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