BMW plans Jan price hike to offset weak rupee against euro

• BMW is considering a price hike from January to offset the impact of the weakened rupee against the euro.
• The rupee's 10% deterioration against the euro has significantly pressured BMW's profitability.
• This potential increase follows a previous price hike of up to 3% implemented by BMW from September 1.
• Mercedes-Benz India also plans a price increase early next year due to similar forex fluctuations.

Why It Matters: BMW price hike means luxury cars will cost more soon.