Mercedes-Benz India will increase vehicle prices by 1-1.5% in September due to the weak rupee against the euro, marking the third price hike this year. Despite potential sales impacts, reduced interest rates are balancing EMI costs for buyers. The company anticipates flattish growth due to geopolitical issues but remains unaffected by rare earth magnet supply chain problems.
from Auto-Industry-Economic Times https://ift.tt/jcFYPQq
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