The sale of supercars, costing above Rs 2,5 crore, is set to be 600-650 in 2022. This is expected to fetch Rs 1,200 crore to the auto companies
Youngest and first Indian to be appointed for the top job
Mercedes-Benz will launch the first S-Class electric car today. Read this article to know the performance, features, design, launch timings, specifications and expected price of the vehicle
Hyundai, Maruti, Mahindra, and Toyota to launch new cars in different segments. Know everything about the latest cars to watch out for in August.
Deliveries in the first half of 2022 also advanced at a brisk pace, soaring 56 per cent to 7,573 units in the January-June period
The semiconductor shortage issue and supply chain constraints that have plagued the auto industry are unlikely to be resolved this year, said Mercedes-Benz India MD and CEO Martin Schwenk
The first Indian executive to head the German luxury carmaker in the subcontinent, Dhillon has worked his way up the ranks, writes Pavan Lall
The route profile - from motorway to mountain passes, including roadworks - and the weather conditions presented the Vision EQXX with a wide variety of challenges
Mercedes-Benz India on Friday reported a 26 per cent jump in sales at 4,022 units in the first quarter of 2022, riding on robust demand for both its SUVs and sedans
With plans afoot to locally assemble its all-electric sedan EQS in India, luxury carmaker Mercedes-Benz is looking to accelerate sales of electric vehicles in the country, according to a senior company official. Mercedes-Benz India plans to bring to the market the locally assembled EQS electric sedan in the fourth quarter of 2022 to add to the all-electric SUV EQC, which was launched as a fully imported unit in October 2020 priced at Rs 1.07 crore. "We have taken a step by step approach in developing electric vehicle strategy in India. EQC was first available in six markets in India and gradually expanded. Now we are in 50 cities with the EQC and the next step is to expand the portfolio with a car, which we believe has a stronger volume appeal and producing it locally," Mercedes-Benz India Managing Director & CEO Martin Schwenk told PTI. Elaborating further on the electrification plans, he said, "When we did the rollout of the brand EQC we actually looked into what safe numbers we
The luxury-car maker will take a 33% stake in battery manufacturer Automotive Cells Company that will be financed through equity, debt and subsidies to build capacity of at least 120 gigawatt hours
The proposal to increase customs duty on certain imported automotive parts in the Union Budget 2020-21 will lead to increase in car prices, according to Merecedes-Benz India and Skoda Auto Volkswagen
Daimler India, which recently set up 10 new touchpoints, plans to have at least 350 dealerships pan-India in the next two years as it looks to deepen market penetration, a top company executive said
Mercedes-Benz on Wednesday said it is optimistic that the gradual unlocking of markets and festive season will revive consumer sentiment, which remains weak amid the COVID-19 pandemic
The deal, for the German automaker's eSprinter and eVito models, will be complete by the end of the year, Amazon said in a statement on Friday
Hyundai begins preparations; a few others restart operations
Amid shuttered dealerships and deserted roads, leading car brands including Mercedes Benz, Honda Cars, Volkswagen, and BMW have embarked on campaigns and dedicated online portals
Under the used car business, more than 150 cars were sold online in the months of January and February in 2020
As a precautionary measure, both companies have started sanitising their offices
The goods and services tax (GST) subvention is a clear sign of the government's support for EVs, he added