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 years. This comes at a time when the company is ready to surpass the previous highest sales of 15,538 vehicles (2018) in 2022. During the first half, the company sold 7,600 units. It already has an order bank of around 7,000 vehicles. In 2021, the company sold 11,242 vehicles.
Mercedes-Benz India, BMW India and Audi India have lined up over 50 new model launches as they seek to recoup previous year's loss in volumes, reports Shally Seth Mohile.
The locally produced top-end model S 500 will be priced at Rs 1.39 crore or Rs 13.9 million (ex-showroom, Delhi) and will be rolled out from the manufacturing facility in Chakan, Pune, Mercedes-Benz India said in a statement, adding that this strategic move will help to cater to the increasing demand.
The luxury car market leader will be producing the new-generation cars, sedans, SUVs, and AMG performance cars at one facility.
German luxury carmaker Mercedes-Benz India on Thursday said it will hike prices of select models by up to two per cent from January 1, 2022, to offset feature enhancement and rising input costs. At the same time, Audi announced a price increase of up to 3 per cent across its entire model range, effective from January 1 next year. Mercedes, however, said it is committed to price protection to customers who have booked their cars and are waiting for more than four months for select models.
Mercedes-Benz Performance Drive event offers motoring enthusiasts an opportunity to hone their driving skills in progressive steps through certified programs conducted by certified global trainers.
Mercedes-Benz India will increase prices of its vehicles across all models by up to 2 per cent from January 1, 2016, to offset rising input cost.
Sales jumped 32% as compared to the previous year
Open order books in February breach 700,000; wait period for some models exceed a year.
Mercedes-Benz joins the connected cars revolution with the launch of their app -- 'Mercedes Me'.
The company feels dynamics of used car space was changing fast in India owing to various financing options available to customers.
There are a whopping 10 sedans slated for a launch in India this year. Rajesh Karkera/Rediff.com gives the lowdown.
Merc says it has completed offering petrol option along with diesel variants for all the models that it sells in India
The hike in price ranges from 1-4 per cent for locally produced models, and up to 20 per cent for select completely built units, the company said in a statement.
Mercedes sells models ranging from A Class to Maybach, priced between Rs 28 lakh and Rs 1.67 crore.
The car has been a run-away success globally within the first few months of its launch.
Indian firms raised the money via external commercial borrowings.
it comes with a 5.5-litre V8 engine, with a displacement of 5,461 cc.
The new E-Class diesel variant carries an introductory price of Rs 43.65 lakh or Rs 4.36 million (ex-showroom Pune), while the petrol version is priced at Rs 40.73 lakh or Rs 4.07 million.
The distinctive, new GL- Class Grand Edition's level of spaciousness and comfort is at par with that of a luxury saloon.
Dealerships, too, are going all out to roll out the red carpet for women.
The Mercedes G-class was developed as a military vehicle on suggestion by the Shah of Iran.
Mercedes-Benz has announced its foray into the city bus segment in India.
New mobile-optimized website can be readily accessed through multiple mobile devices.
German luxury car maker Mercedes-Benz is preparing to commence leasing vehicles to consumers in the Indian market by the end of this year. No other luxury car maker in the country currently offers vehicles on lease directly to customers.
Mercedes Benz India has introduced this M Class in two editions.
On the back of a thriving domestic economy fuelled by an increasing appetite for consumption, global auto giant Mercedes-Benz is looking at developing a small car for the Indian market, a senior company executive said.
Cars with left-hand-drive option would be introduced globally later this year in Europe.
Instead, the company wants to just focus on sales.
Mercedes-Benz India on Wednesday announced its foray into the pre-owned car business under its 'Proven Exclusivity' programme, launched globally last year.
On introduction of new technologies, Daimler manager (emission) Michael Anger said the company has introduced a diesel filter in Europe to reduce emission of harmful particles from its cars.
BMW Group India is announcing a price increase of up to 5 per cent across the BMW and Mini product range effective August 15, 2013, according to a company statement.
Daimler would introduce lightweight trucks from Mitsubishi Fuso stable in the Indian market by 2010 as part of its expansion strategy in the country's auto mart.
'Even during the lockdown, we have received many online enquiries and subsequent bookings.'
BMW had maintained its lead over Mercedes-Benz and Audi in 2010.
The new facility was completed within 13 months and is among the fastest green-field projects to be created. Spread across an area of 100 acres of land and with independent assembly facilities for passenger cars and commercial vehicles, the infrastructure can address future expansion, underscoring the long-term growth plans of the company in India.
The German luxury automaker has already seen its online traffic increase 10-fold this year. Though that has not always translated into sales, Mercedes-Benz says it is continuing to build on what it calls its "touch-free" experience to stay plugged into its consumer base. Under the used car business, more than 150 cars were sold online in January and February.
"Our presence in the commercial vehicles segment now widens with the introduction of Mercedes-Benz buses. The coaches stand for the latest and best technology, design, comfort, reliability and performance," Mercedes-Benz India Managing Director and CEO Wilfried Aulbur told reporters at its Pimpri plant.
The SLS AMG is powered by a 6.2 litre engine and it can go up to a maximum speed of 317 km per hour.
The company also plans to increase headcount by 500 to 1,000 engineers at its R & D centre in Bangalore in the next few years from the existing 200-250 people.