Mercedes-Benz is set to take a fresh 1-2% price hike in India to cope with exchange rate volatility and broader war-related cost pressures even as it is pushing a new variant of its top-end S-class model into the market to widen choice for consumers amid slow EV adoption.The company has taken a total of up to 4% price hikes through two rounds since Jan and has moderated its growth expectation for the year.On Monday, it launched its new plug-in hybrid version (PHEV) of its S-Class model in India, also its first such variant for the country, priced between Rs 2.2-2.4 crore (ex-showroom). Deliveries of the cars will start in Q4 (Dec quarter).
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Vikrant Kharwar is the Founder and Editor of News Us Media. He writes about trending news, sports, entertainment, technology, and viral stories. His goal is to make news simple, informative, and easy to understand for readers across the United States and around the world.
