Maruti Suzuki to Mercedes, carmakers hike prices

While country’s largest carmaker said it has hiked the prices of its vehicles by up to Rs 6,100 in order to partially offset the increase in commodity and distribution costs and adverse foreign exchange rates, the German firm will hike prices of its vehicles across models by up to 4% from September.

Maruti Suzuki to Mercedes, carmakers hike prices
Hit by falling rupee and rising input costs, Maruti Suzuki India (MSI) and luxury carmaker Mercedes-Benz on Thursday announced a hike in the price of their vehicles. Image source: Reuters

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