The Headlines – Mercedes-Benz India to hike prices in September; marks third increase this year – key reasons behind

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The Headlines – Mercedes-Benz India to hike prices in September; marks third increase this year – key reasons behind

Mercedes-Benz India will increase vehicle prices by 1-1.5% in September, according to MD and CEO Santosh Iyer, due to the weakening rupee against the euro. This marks the third price hike this year. Despite concerns, Iyer believes reduced interest rates and economic growth will sustain demand.

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