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Maruti Suzuki to Mercedes, carmakers hike prices
Fri, Aug 17, 2018
While country’s largest carmaker said it has hiked the prices of its vehicles by up to Rs 6,100 in order to partially offset the increase in commodity and distribution costs and adverse foreign exchange rates, the German firm will hike prices of its vehicles across models by up to 4% from September.
Check out Kim Jong Un car - Armoured Mercedes S600 Pullman Guard
Wed, Jun 13, 2018
Kim Jong Un's Mercedes-Benz S600 Pullman Guard limousine version may not be the latest, however, the car on Tuesday became the centre of attraction. This bulletproof North Korean leader Kim Jong Un car now boasts having given a ride to US President Donald Trump too now.
$1 mn bulletproof Mercedes S600 Pullman Guard limo; Check out Kim Jong Un car
Wed, Jun 13, 2018
It may not be the latest Mercedes-Benz S600 Pullman Guard limousine version, however, the car on Tuesday became the centre of attraction
German carmakers hit by report Trump threatens to drive them off U.S. streets
Thu, May 31, 2018
A report that U.S. President Donald Trump has threatened to pursue German carmakers until there are no Mercedes-Benz rolling down New York`s Fifth Avenue dented shares in the luxury car manufacturers on Thursday.
Mercedes clocks production of 1 lakh cars in India
Sun, May 27, 2018
German luxury car maker Mercedes-Benz today reached cumulative production of one lakh cars in India with the rolling out of an E-Class sedan from its Chakan plant near Pune
Favourable taxation structure pre-requisite to launch EVs in India: Mercedes-Benz
Mon, May 07, 2018
Under the current GST regime, EVs attract a tax of 12 per cent. Imported cars on the other hand attract custom duty of 60 per cent and 100 per cent depending upon the price and size of the engine.
Luxury car sales likely to fall? Know here the reasons
Sun, Apr 15, 2018
The companies say overall industry sales are likely to remain either flat or in low single digit against an earlier expectation of double digit growth. In the Budget for 2018-19, Finance Minister Arun Jaitley had increased custom duty on CKD (completely knocked down) imports of motor vehicles, motor cars, motor cycles from 10 per cent to 15 per cent
Mercedes-Benz in India: Infrastructure pre-requisite to enter EV segment
Sun, Mar 25, 2018
For the future journey in India, Mercedes-Benz is closely observing changing customer needs and is also constantly evaluating various options, including different drivetrains or different body styles. Mercedes-Benz is a part of the Daimler Group, which is among the leading manufacturers of premium cars globally and the world's biggest commercial vehicles maker
Mercedes launches first locally-made, BS-VI-compliant S Class at Rs 1.33 crore
Mon, Feb 26, 2018
Mercedes-Benz S 350: The new S-Class 350 d is fitted with a new 6-cylinder engine that is the most powerful diesel powertrain ever produced by Mercedes here, the company said, adding launch comes two years ahead of the new comes emission norms.
China's Geely makes $9 billion Daimler bet against tech invaders
Sun, Feb 25, 2018
Chinese carmaker Geely has built up an almost 10 percent stake in Daimler in a $9 billion bet by its chairman that he can access the Mercedes-Benz owner`s technology in the growing battle for the future of automotives. The purchase by Li Shufu, Geely`s founder and main owner, means China`s larges
Mercedes tops Indian luxury car market in 2017, sells 15,330 units
Mon, Jan 08, 2018
Mercedes-Benz continued its hold on the Indian luxury car market, maintaining top position for a third year in a row in 2017 with record sales of 15,330 units, beating rivals BMW and Audi.
Mercedes-Benz to launch new Maybach S 650 at Auto Expo 2018
Thu, Dec 28, 2017
German luxury car maker Mercedes-Benz will launch its Maybach S 650 and showcase Concept EQ, a forerunner of the company's new product brand for electric mobility, at the upcoming auto expo in February.
Plan for all-electric cars by 2030 not viable, says Merc chief
Mon, Dec 25, 2017
Mercedes-Benz India managing director and chief executive Roland Folger said, " By 2040, the whole world will be driving home hydrogen cars. To me the whole plan to go electric nationwide looks like a rushed with idea."
Mercedes-Benz S-Class facelift spotted undergoing test runs in India
Tue, Dec 12, 2017
S-Class facelift is expected to come with 3.0-litre V6 diesel and a 3.0-litre petrol producing 330bhp.
Build fast, fix later: speed hurts quality at Tesla, say some workers
Wed, Nov 29, 2017
The luxury cars regularly require fixes before they can leave the factory, according to the workers. Quality checks have routinely revealed defects in more than 90 percent of Model S and Model X vehicles inspected after assembly, these individuals said, citing figures from Tesla`s internal tracking system as recently as October. Some of these people told Reuters of seeing problems as far back as 2012.
Mercedes-Benz to tap small cities for further growth in India
Tue, Nov 21, 2017
German luxury car maker Mercedes-Benz through its 'Brand Tour' covering 12 locations in India is seeking to offer 'Mercedes-Benz experience' to prospective buyers in Tier II and Tier III cities, where it doesn't have a direct presence
Car makers may hike prices soon with rise in GST cess from today
Mon, Sep 11, 2017
The GST Council's decision on increasing the cess on mid-size, large cars and SUVs will be implemented today as announced by CBEC.
Tough road ahead for Tata Motors with JLR’s margins declining and expenses rising
Thu, Aug 31, 2017
Jaguar Land Rover has seen a decline in its EBITDA margin, while its expenses had increased significantly over the last two years, which is a cause for concern for parent company, Tata Motors.
Why hike in GST cess on luxury cars may dent investment, auto jobs in India
Tue, Aug 08, 2017
Except for small cars, all cars above 4 meters could see their prices go much above the pre-GST levels due to the hike in the on-road taxes in many states
Mercedes-Benz new GLA launches in India starting at Rs 30.65 lakh
Wed, Jul 05, 2017
The new facelift to the GLA will see it come in four variants and a number of changes in its features.