<ul data-eligibleForWebStory="false">Mercedes-Benz India is planning to implement a price hike of 1-1.5% in September due to the impact of the euro.The company has already increased vehicle prices twice this year in January and July.Despite the price increase, the reduction in interest rates has helped in maintaining equated monthly installments for buyers.The luxury car segment has seen a growth of 5-6% this year, while overall passenger vehicle market growth has been around 2-3%.