The luxury carmaker has already announced a price hike of up to 2 per cent across its product range, effective January 1, 2026. "We are considering price hike every quarter next year, and that is because of rupee devaluation to euro," Iyer told PTI on the sidelines of the FICCI Mercedes-Benz Bharat Innovation business ideas challenge programme launch. Although the company has already announced a price increase from January, Iyer said further hikes would follow "to absorb the huge depreciation". He added that there is currently a gap of more than 10-15 per cent between the impact of rupee depreciation and the price hikes announced so far. "So we are spreading (the price hike), otherwise the demand may get also affected," Iyer said.

Source: The Telegraph December 23, 2025 08:26 UTC