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German luxury car maker, Mercedes-Benz is considering increasing prices of its vehicles in India to offset the impact of high currency volatility witnessed in the last six months.
“In view of the high currency volatility witnessed since the last six months, we may look at a price revision of our product range soon,” Mercedes-Benz India Managing Director and CEO Martin Schwenk said.
He, however, did not elaborate on the exact time, quantum and range of the planned price hike.
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