Roland Folger has told the ministries concerned that they are cutting India off from the rest of the world by making it a highly protected market, the Mercedes Benz India CEO & MD tells Ajay Modi.
The company, which will complete launching of products aimed to drive volumes in India by 2015-16, expects 40 per cent of its entire product range to be priced below Rs 25 lakh (Rs 2.5 million) in the next 5- 10 years.
Two cars by one of the world's finest luxury carmaker, Mercedes Benz, have drawn the attention of enthusiasts across the world.
German luxury car maker Mercedes-Benz witnessed the best-ever first quarter this year since it started operations in India 15 years ago.
The new models of mid-range cars are expected to be launched over a period of next two-three years.
Tata Group firm Indian Hotels and auto major Mahindra & Mahindra are the only Indian brands to figure in the list of 27 top 'Great Brands of Tomorrow' compiled by Credit Suisse.
We bring you the hottest designs showcased at the Mercedes-Benz New York Fashion Week, which concluded on September 15. Vote and tell us what you think of each!
Instead, the company wants to just focus on sales.
Luxury car makers are lowering the entry barrier and lining up half a dozen launches in the premium segment.
Though GM India delivers best of technology cars but at the same time, it lags in the dealer and service station network, one very important criterion for improving sales and rising popularity charts in India.
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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.
...followed by financial services, IT, and sales and marketing.
All you want to know about Mercedes M Class Grand.
German premium car maker Mercedes-Benz is looking at expanding its portfolio by introducing A and B Class cars in the country within two to three years, to take on competition.
Former Tata Sons chairman Cyrus Mistry was on Sunday killed in a road accident after his car hit a divider in Maharashtra's Palghar district neighbouring Mumbai, a police official said.
About 150 Mercedes-Benz cars, purchased in a single transaction and valued at Rs 65 crore (Rs 650 million), were distributed in Aurangabad.
Infosys on Tuesday said it has formed a long-term partnership with Daimler AG for a technology-driven IT infrastructure transformation. After the receipt of all regulatory approvals, Daimler AG will transform its IT operating model and infrastructure landscape across workplace services, service desk, data centre, networks and SAP Basis together with Infosys, a statement said. "As a part of this partnership, automotive IT infrastructure experts based out of Germany, wider Europe, the US and the APAC region will transition from Daimler AG to Infosys," it added. The companies, however, did not disclose the number of people who will transition as part of the deal.
Sources say Volkswagen may foray into this venture by May.
In Kerala, the use of black ranges from such convenience to strictures by community and religion to fashion and personal choice. One would have to be really insecure or too fond of the well settled life to see black solely as a badge of protest, points out Shyam G Menon.
Ferrari CEO Amadeo Felisa expressed disappointment over seven-time Formula One champion Michael Schumacher's defection to Mercedes-Benz, but said it will not affect their vehicle sales.
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)'.
We bring you glimpses of one of the world's biggest, most prestigious fashion dos -- check it out!
The Mercedes GLA SUV looks spectacular from every angle.
The new Mercedes Benz E-Class (W212) is here - an aggressively styled German luxury sedan worth approximately half a crore (Rs 5 million).
Offering more choices to growing Indian millionaires, premium carmaker Mercedes-Benz today re-introduced its super-luxury sedan Maybach in the country, the prices of which will go up to Rs 5.10 crore (ex-showroom Delhi).
Offering more choices to growing Indian millionaires, premium carmaker Mercedes-Benz today re-introduced its super-luxury sedan Maybach in the country, the prices of which will go up to Rs 5.10 crore (ex-showroom Delhi).
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.
The new faces of 2020 who are breaking stereotypes in the fashion industry.
Models in ridiculous hats take over the runway during the Mercedes-Benz China Fashion Week.
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 challenge for BMW is to overtake Mercedes-Benz, which bounced back three years ago to become king of the hill.
The 150 cars that were distributed include 13 S class, 74 E class, 39 C class, 6 GL class and 18 M class cars.
From Audi A8 to Honda Civic, here's what the auto industry has lined up in 2019.
He's designed for Michelle Obama, Beyonce Knowles and Jennifer Lopez. And yesterday Indian-born Naeem Khan showcased his fall/winter collection 2010 at the New York Fashion Week only to receive a standing ovation. Check it out!
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.
German luxury car manufacturers, Mercedes Benz and BMW, will soon venture into the used car business in the country. While Mercedes, which has been in India for more than a decade, is announcing its plans for used cars today, BMW is expected to follow suit in a couple of months.
When you are in the market for a car costing around half a crore of rupees, you want to feel pampered and appreciated, and the Audi just can't muster that.
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Except for March, when BMW recorded unusually high sales, Mercedes sales were ahead in the other months.
Mercedes Benz just about managed to keep its neck ahead last year, with a lead of 537 units over BMW, according to data available with the Society of Indian Automobile Manufacturers. However, handicapped by inadequate vehicle kits for the first nine months of this year for one of its models, a senior company executive stated it is unlikely Mercedes Benz will be able to surpass its own total posted last year. Mercedes Benz India sold 3,445 units last calendar year, while BMW s
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