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More carmakers plan to hike prices from January
Carmakers Mercedes-Benz, Audi, Renault, Kia India and MG Motor on Wednesday announced plans to hike vehicle prices from January to partially offset the impact of rising input costs. Photograph:......
In the green lane after 2 years: BMW India turns the corner, logs profit
After incurring losses for two years on the trot, German luxury automotive company Bayerische Motoren Werke AG (abbreviated as BMW) has posted net profit in India in 2021-22 (FY22), primarily due......
Majority of Mercedes-Benz models in India to be EVs by 2030: CEO Schwenk
Driven by a rise in sales during the current year, German luxury carmaker Mercedes-Benz said on Thursday that the company is expecting a growth in sales of around 8-10 per cent in the next few......
Mercedes launches first of 3 luxury electric vehicles in India
Next off the blocks is the locally assembled CKD unit of the all-electric sedan EQS 580 next month, followed by a seven-seater electric SUV, EQB, by November, reports Rajesh Karkera/Rediff.com.......
How Ukraine war has put India's automakers in a fix
The sharp increase in commodity prices on account of the Russia-Ukraine war has put automakers in a fix. Photograph: Petr Josek/Reuters After the frequent price hikes in the current fiscal,......
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