Mercedes may raise car prices in April if rupee weakens against euro

Q: How long will it take to read this news story?

The story "Mercedes may raise car prices in April if rupee weakens against euro" has 676 words across 21 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Mercedes may raise car prices in April if rupee weakens against euro" was covered 13 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 255 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #27155001</li><li>URL: https://beamstart.com/news/mercedes-may-raise-car-prices-17423196214267</li></ul>

Business Standard Logo Business Standard 13h ago

Mercedes may raise car prices in April if rupee weakens against euro - Business Standard

Quick Summary:

Euro's exchange rate in terms of Indian rupee has been witnessing a continuous fall this year.From the level of 89.96 on February 12, the exchange rate hit the record low of 95.13 against a euro on March 12, according to RBI data.

Mercedes-Benz India may increase prices of its model range in April, if the rupee continues to weaken against the euro, Managing Director & CEO Santosh Iyer said on Tuesday.

"When we look at the exchange rate, it has really been a bit concerning in the last 20 days because the euro has already reached 95 levels, and we have priced the cars at 90 (rupee level).