Bad News! Mercedes to hike price in India from September
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- Mercedes-Benz India has announced a price hike of 2.5 percent for their cars
- Reason: Rising input cost and increase in exchange rate
- The revised rates will be aplicable after September 1, 2014
- Currently, the company sells luxury and sports varient cars in India
- The cheapest car from the brand in India costs around Rs 29 lakhs
- While, the range goes upto Rs 1.83 cr