Mercedes Benz India GLEMercedes-Benz India on Friday said it will implement a price hike of about 2 per cent across its vehicle portfolio from April 1, 2026, citing continued foreign exchange volatility and rising input costs.
Brendon Sissing, Vice-President, Sales and Marketing at Mercedes-Benz India, said that the decision has been driven largely by the sustained depreciation of the rupee against the euro, which has increased the cost of imports and components.
“Starting April 1, we will be implementing a price correction of around 2 per cent across our portfolio. This decision is largely driven by continued forex volatility, particularly the sustained depreciation of the rupee against the euro, along with rising input costs,” said Sissing.
He added that while the company aims to absorb cost pressures wherever possible, periodic price adjustments become necessary to sustain operations and maintain product quality.
“While we always strive to absorb cost pressures, some price adjustment becomes necessary to maintain business sustainability. Our focus remains on ensuring minimal impact on customers while continuing to deliver best-in-class products and experiences,” said Sissing.
Luxury carmakers in India periodically revise prices to offset fluctuations in foreign exchange rates and higher input costs, as a portion of components and completely built units are imported.
Earlier, Audi India had also announced a price hike across its model range citing similar reasons, including currency fluctuations and rising input costs.
