Mercedes-Benz India’s CEO highlights resilient luxury car demand amid crises, prompting potential third price hike to manage rising costs.

Over the next nine months, automakers are expected to introduce 23 new passenger-vehicle models, including 16 electrified offerings—10 battery-electric vehicles, four plug-in…

The premium car maker also said that a price increase was on the cards to deal with the impact of sustained pressure on Indian Rupee, among others, a top company official said.

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…