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Mercedes Benz lines up Rs 200 crore investment, to launch over 12 products in 2024

Mercedes Benz lines up Rs 200 crore investment, to launch over 12 products in 2024

Mon, Jan 08, 2024

The TEV segment continues to drive aspiration for the brand, Iyer said, adding that three new EVs to be launched in 2024 will build up the company's EV portfolio.

Mercedes-Benz inaugurates first German charging hub in Mannheim

Mercedes-Benz inaugurates first German charging hub in Mannheim

Tue, Nov 28, 2023

Mercedes-Benz's global charging network is rapidly expanding, with Mannheim being the fourth station in operation worldwide.

One out of 4 Mercedes-Benz cars sold in India in H1 2023 priced above Rs 1.5 crore

One out of 4 Mercedes-Benz cars sold in India in H1 2023 priced above Rs 1.5 crore

Tue, Jul 11, 2023

German luxury carmaker Mercedes-Benz on Tuesday reported a 13 per cent year-on-year growth in its sales at 8,528 units in India in the first half of 2023, its best-ever half-yearly sales in the country. Mercedes Benz India had sold 7,573 units in the January-June period in 2022.

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Hyundai launches new Genesis sports sedan in SUV-driven market

Hyundai launches new Genesis sports sedan in SUV-driven market

Fri, Sep 15, 2017

U.S. pop singer Gwen Stefani will perform for about 10,000 people at a gala event to launch of the G70, the third sedan to carry the Genesis name but the first to be marketed exclusively under Hyundai Motor`s fledgling premium brand.

Luxury car makers voice disappointment over GST Council's increase in cess

Luxury car makers voice disappointment over GST Council's increase in cess

Mon, Aug 07, 2017

The GST Council's decision to increase the cess on luxury vehicles by an additional 10% is expected to see an increase in the prices of luxury cars.

Mercedes calls for lower taxes on luxury cars in India

Mercedes calls for lower taxes on luxury cars in India

Sun, Jul 23, 2017

The company reasoned that "better treatment" in terms of taxation could lead to growth of luxury car segment in the country.

BMW India sales volume jumps 11.5% in Jan-June at 4,589 units

BMW India sales volume jumps 11.5% in Jan-June at 4,589 units

Sat, Jul 08, 2017

The pre-GST discounts have boosted the volumes for the German luxury carmaker BMW by a healthy 11.5% in the January-June period at 4,589 units.

Mercedes Benz launches all new E-Class 220 d sedan in India priced at Rs 57.14 lakh

Mercedes Benz launches all new E-Class 220 d sedan in India priced at Rs 57.14 lakh

Fri, Jun 02, 2017

The company launched the E-Class 220 d sedan after the successful market debut of the E350d diesel and E200 petrol cars.

Mercedes Benz India reports record sales for Jan-Mar quarter

Mercedes Benz India reports record sales for Jan-Mar quarter

Tue, Apr 11, 2017

So far, Mercedes Benz has launched four different new products, including the hot selling long wheel base E-Class.

BMW to launch 40 new cars in next two years to compete with Mercedes Benz

BMW to launch 40 new cars in next two years to compete with Mercedes Benz

Tue, Mar 21, 2017

Mercedes-Benz, flagship of Stuttgart's Daimler group, beat BMW to the top spot in the luxury car segment last year for the first time in more than a decade.

Mercedes retains top slot despite marginal fall in sales

Mercedes retains top slot despite marginal fall in sales

Tue, Jan 10, 2017

In spite of a marginal fall in sales due to ban on diesel vehicles for most of the year and demonetisation, world's largest luxury carmaker Mercedes could retain its foothold in domestic market for the second year in a row by selling over 13,000 units in 2016.

Mercedes-Benz to overtake BMW as largest premium carmaker

Mercedes-Benz to overtake BMW as largest premium carmaker

Mon, Jan 09, 2017

Mercedes-Benz is expected to reach its goal of becoming the largest premium carmaker four years early - a feat achieved, ironically, only after it stopped chasing market share and focused on making stylish high-tech cars loved by consumers.

Audi sales hit record in 2016, despite losing ground to rivals

Audi sales hit record in 2016, despite losing ground to rivals

Sat, Jan 07, 2017

Audi raised deliveries by 4 percent in the United States where VW`s emissions test-cheating scandal broke in 2015 and reported 6.4 percent more sales in Britain, its No. 2 European market, the spokesman said, confirming figures first reported by German daily newspaper Die Welt in its Saturday edition.

Mahindra & Mahindra to hike vehicle prices by up to Rs 26,500 from January

Mahindra & Mahindra to hike vehicle prices by up to Rs 26,500 from January

Sun, Dec 25, 2016

Homegrown auto major Mahindra & Mahindra (M&M) plans to increase prices of its vehicles by up to Rs 26,500 from January as it looks to partially offset rising input costs.

CCI rejects complaint against Mercedes Benz

CCI rejects complaint against Mercedes Benz

Mon, Dec 19, 2016

Fair trade regulator CCI has dismissed a complaint of unfair business practices made against German luxury car-maker Mercedes Benz saying there is no Competition issue involved in the matter.

Mercedes launches sportscar AMG C43 priced at Rs 74.35 lakh

Mercedes launches sportscar AMG C43 priced at Rs 74.35 lakh

Wed, Dec 14, 2016

Michael Jopp said: "The introduction of the AMG C43 follows our successful product strategy, which emphasises on gradually building up the 'AMG 43' portfolio in India."

Mercedes hits currency recall speed bump, lowers sales target

Mercedes hits currency recall speed bump, lowers sales target

Mon, Dec 12, 2016

The automaker always looks for double-digit growth, provided there are no disruptive surprises.

Mercedes-Benz launches new CLA priced at Rs 31.40 lakh

Mercedes-Benz launches new CLA priced at Rs 31.40 lakh

Wed, Nov 30, 2016

The new CLA was launched in three new variants ie 200 Style diesel, 200 Sport petrol and 200 d Sport diesel.

Zeegnition | Mercedes Benz launches "Made in India" GLC car

Zeegnition | Mercedes Benz launches "Made in India" GLC car

Sun, Oct 02, 2016

Mercedes-Benz launches "Made in India" GLC car costing at Rs. 49 Lakhs. Watch complete news story of Zeegnition for getting detailed updates!

Tata Motors, M&M rise 2% as SC lifts ban on sale of diesel cars in Delhi

Tata Motors, M&M rise 2% as SC lifts ban on sale of diesel cars in Delhi

Fri, Aug 12, 2016

Last week, German carmaker Mercedes-Bez India had moved the apex court, seeking relief in the diesel vehicle ban issue.

Mercedes to invest 1 billion euros in new Hungary plant

Mercedes to invest 1 billion euros in new Hungary plant

Fri, Jul 29, 2016

German luxury car maker Mercedes-Benz said on Friday it would spend one billion euros ($1.1 billion) on a large new factory in Hungary, creating around 2,500 jobs.

Mercedes Benz launches its roadster AMG SLC 43

Mercedes Benz launches its roadster AMG SLC 43

Tue, Jul 26, 2016

Roland Folger, Managing Director & CEO, Mercedes Benz India said, “AMG has a great sports suspension & High performance brake system with speed sensitive sports steering. It even has a great sports exhaust system.”

Mercedes-Benz to power vehicles with bio-diesel: Nitin Gadkari

Mercedes-Benz to power vehicles with bio-diesel: Nitin Gadkari

Wed, Apr 27, 2016

Gadkari said it would be his ministry's initiative to promote such bio-fuel and it will also be encouraged in use of highways building machinery and equipment.

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