Bad News! Mercedes to hike price in India from September

• 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