Eyeing the projected 15 per cent growth in the luxury car market segment, DailmerChrysler India Pvt Ltd, makers of Mercedes-Benz cars, has decided to set up a new plant in Pune to enhance its manufacturing capacity.
American business leaders may find that India's biggest impact on the global economy may be on the way executives think.
Toyota, Mercedes Benz and BMW, have announced a hike already.
Mercedes-Benz plans to sell more compact cars.
The growth rate could continue for another seven years.
Every year, carmakers announce at the end of November or December their plans to increase prices of their vehicles by January.
Orissa is truly shining. Its new found status as an investment destination has seen a significant increase in the customer base for various luxury products.
The bus reportedly grazed past a Mercedes Benz while leaving the Radisson Hotel in Sydney.
They said that the 16-year-old boy had told the police during interrogation that he was driving the Mercedes Benz when he lost control of the vehicle and collided with a two-wheeler first before running over 11 people sleeping on the pavement. Two persons were killed on the spot while the motorcyclist succumbed to injuries later. Nine others were injured in the incident.
Lakme Fashion Week has selected ten designers to showcase their creations at events across the world.
DaimlerChrysler India, which doubled the sales of its Mercedes-Benz luxury cars in India in calendar 2006, is seeking government support to further develop the luxury car market in India.
Vijay Singh, boosted by an early eagle, edged one stroke clear in the second round of the PGA Tour's season-opening Mercedes-Benz Championship on Friday.
Daimler Chrysler, makers of Mercedes Benz cars, said on Tuesday it expected to make its new manufacturing unit near Pune operational early next year with an annual production capacity of more than 9,000 units.
Life for him has come full circle, the paper said - from dire poverty in India to the life style of rich in America and back to his native village where he has traded his Mercedes for a bicycle.
In a country like India, where counterfeit items are sold in every nook and corner, the regulation of trademark infringement poses a big challenge.
A sense of calm prevails every time I get into a Mercedes. I'm hardly overawed by their presence (Rohin has a big fetish for Beemers -- Ed), but the sheer snug, cosseting feeling that a Merc presents snatches me from reality, writes Rohin Nagrani.
The increasing preference for Mercedes Benz models by Indian customers may see the company roll out more models in the near future.
These trends are clearly not for the faint hearted.
There are no less than six automotive launches in the next four weeks.
The Pakistan batsman's Mercedes Benz was attacked and severely damaged by a mob of youngsters in a posh locality of Lahore.
Here we encapsulate all the sporting action from last week in this stunning photo feature.
Vijay Singh held off a late charge by playing partner Adam Scott to win his 30th PGA Tour title by two shots at the Mercedes-Benz Championship on Sunday.
Vijay Singh, bidding for his 30th PGA Tour title, stretched his overnight lead to four shots midway through the Mercedes-Benz Championship final round on Sunday.
Vijay Singh survived an early battle with American Will MacKenzie and a late charge by Australia's Adam Scott to take control of the Mercedes-Benz Championship on Saturday.
Luxury car manufacturer, DaimlerChrysler on Thursday, announced the launch of its new retail financing scheme -- Star Extend -- in conjunction with ICICI Bank.
Having brought its entire Mercedes Benz line to India, DaimlerChrysler is now contemplating bringing its Chrysler range of vehicles as well.
DaimlerChrysler India Wednesday unveiled the latest edition of S-Class vehicles with a price tag of Rs 70 to 72 lakh and M-class vehicles, between Rs 55 to 60 lakh, for the Indian market at the Mercedes-Benz Brand Showcase in Mumbai.
While home-grown firms like Tata and Mahindra have been actively participating in the government's e-mobility mission, by launching electrified versions of their existing models, the global firms believe electric is not the best solution for a country where the primary source of power generation is coal, and where infrastructure is a big impediment.
The top driver for the Indian workforce while choosing an employer are salary and employee benefits, followed by work-life balance and job security.
The Cellular Operators Association of India (COAI) has bluntly told the government there is no reason for its members to roll out 5G networks as they will be unviable if 'captive private wireless networks' are allowed to be run by enterprises. The COAI, which has Bharti Airtel, Reliance Jio and Vodafone Idea as its key members, has written to Communications Minister Ashwini Vaishnaw saying there is 'no business case for the roll out of 5G networks'. Permitting such captive networks will 'diminish the revenue so much that there will be no viable business case left for the telecom service providers and there will not remain any need for 5G network roll out by telecom service providers (TSPs)'.
