PUNE: German luxury car maker Mercedes Benz, which today launched luxury executive sedan E-Class, said if the rupee continues to remain at current level for long, it may be forced to pass on cost-pressure to consumers to protect margins.
"Today we have no need to act (on the rupee) because we are safe by hedging. But if it stays at its current levels, then we will have to pass it on to customers," Mercedes Benz India managing director and chief executive Eberhard Kern told reporters here.
"Today we have no need to act (on the rupee) because we are safe by hedging. But if it stays at its current levels, then we will have to pass it on to customers," Mercedes Benz India managing director and chief executive Eberhard Kern told reporters here.
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