Luxury carmaker Mercedes-Benz on Friday announced a price increase of around 2 per cent across its vehicle portfolio in India from April 1, 2026.
The company said the move comes in response to continued foreign exchange volatility and rising input costs.
According to Brendon Sissing, Vice President, sales and marketing, the decision has been taken mainly due to the
sustained depreciation of the Indian rupee against the euro, which has increased operational costs for the company.
He said that while the company always tries to absorb rising costs, a price correction has become necessary to ensure the long-term sustainability of the business.
“Starting April 1, we will be implementing a price correction of around 2 per cent across our portfolio.