India, Sept. 14 -- Mercedes-Benz GLC
Mercedes-Benz will hike prices of select models in its range in India from the first week of October 2020. The company has said that there would be an increase of up to two per cent varying across the range of products.
Speaking on the occasion, Martin Schwenk, Managing Director and CEO, Mercedes-Benz India, said, "As the leading luxury car maker in India, it remains our endeavor to offer the latest products, best of technologies, service offering and ownership experience to our customers. However, the weakening of the currency since the beginning of the year, combined with a sharp increase in the input costs, have been a matter of concern, creating significant pressure on our bottom line. To offset the...