Rs 15,000-cr investment planned to protect vendors from rising realty prices
The multi-seater vehicle currently runs on BSIII engines.
As many as 11 Mercedes models are impacted by the ban.
The Pune-based research institute will design and develop car batteries and offer the technology for mass production.
It is keen on electric cars as battery costs go down
The ban does not speak about used luxury cars.
A weaker rupee against the US dollar and the Japanese yen along with margin sustenance pressures have forced companies to raise prices.
The car will compete with Hyundai Grand i10 and Maruti Suzuki Celerio
Schools closed for a day, crops damaged; more downpour on cards
The Audi mobile showroom will tour 30 cities over the next two years.
As India is progressing towards Bharat Stage IV (BSIV) emission norms, most cars still run under BSIII standard.
Auto loan costs remain stubbornly high.
First time in 13 years the company has declined payment of dividend.
This is the car major's second coming in India.
GM chief Mary Barra reveals turnaround plans.
Despite superior margins, JLR hasn't had a smooth ride in China.
Tata Motors is stripped off India's most valuable company tag.
'It is a brand that has done so well till recently.'
Indian tours have seen an upswing partly because Nepal packages have been cancelled after the recent earthquake
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