Mercedes-Benz India will revise ex-showroom prices by ₹2 lakh to ₹9 lakh, depending on the model. This adjustment will impact vehicles such as the GLC SUV and the high-end Mercedes-Maybach S 680 limousine.
The company cited increased material costs, fluctuating commodity prices, and higher logistics expenses as key factors behind the price adjustment, although the company has been absorbing much of these cost pressures for the past three quarters.
This story is from the November 25, 2024 edition of Business Standard.
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This story is from the November 25, 2024 edition of Business Standard.
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