Mercedes-Benz India plans price hike each quarter in 2026 to offset adverse forex impact

Mercedes-Benz India is contemplating quarterly price increases throughout 2026 to counter the euro's strengthening against the rupee. This follows an announced 2% hike from January 1st. The company cited a significant depreciation of over 15-18% in the past 18 months, necessitating these adjustments to manage forex challenges and prevent demand impact.

from Auto-Industry-Economic Times https://ift.tt/w7gjPO9