BMW mulls Jan price hike to offset weak rupee against euro

• BMW plans to increase vehicle prices from January to offset the impact of the weakened rupee against the euro.
• The rupee has deteriorated by approximately 10% against the euro, putting pressure on BMW's profitability.
• This potential hike follows a previous price increase of up to 3% implemented by BMW in September.
• Other luxury carmakers, including Mercedes-Benz, are also considering price adjustments due to similar forex pressures.

Why It Matters: Your next BMW purchase may cost more due to currency issues.