Aug 29 (Reuters) - Daimler AG's Mercedes-Benz on Thursday joined its German rivals Audi and BMW in raising prices of its luxury cars in India as a depreciating rupee and rising inputs costs pressured margins. Mercedes-Benz said it would raise prices by between 2.5 and 4.5 percent from Sept. 1 across its range of vehicles in India. "Exchange rate effects, higher import duties and rising input costs coupled with a host of other unfavorable factors like higher ...
To access this content simply register below now.
Registering is easy and allows you to:
- Access all WardsAuto.com public content and newswire stories
- Participate in forums
- Comment on articles
- Sign up for e-newsletters
- And much more!