New Delhi, Dec. 12 -- Mercedes-Benz India has announced a price hike for its entire passenger vehicle range in the country. With this move, the Mercedes-Benz cars in India will be costlier by up to 2%, effective from January 1 next year. The German luxury car manufacturer's move comes just days after BMW, another luxury car major, hinted similar step in the wake of weak performance of Indian Rupee against Euro. Interestingly, this is not the only price hike from the brand, as the company is mulling the idea of further quarterly price hikes, to reach closer to the current forex levels.

In its official statement, Mercedes-Benz has stated that the price hike comes as the Euro-INR exchange rate consistently remained above Rs.100 mark in 2025...