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Mercedes-Benz hikes car prices as Rupee dives

German luxury carmaker Mercedes Benz on Thursday said it will hike prices of its vehicles across models by up to 4 per cent from September to offset adverse impacts of rising input costs and adverse forex movement.

 
 
MD Harshbeena Zaveri said unlike its competitors, the company looks at generating more profitability.
The first bike would roll out in October this year and Benelli plans to roll out four or six models in the Indian market by 2019.
India's largest carmaker, Maruti Suzuki, is all set to hike car prices in August.
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