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Mercedes-Benz India to revise price of entire model range by up to 2%

Posted By Chethan Thimmappa on Dec 15, 2016

India’s largest luxury carmaker Mercedes-Benz India today announced an upward revision of the price of its entire model range effective from January 1, 2017. The price correction would be up to the range of a moderate 2% varying across the model range. The rising inflation, coupled with rising input costs and increasing forex rates has been exerting significant pressure on the bottom-line. The combination of all these factors led...