Luxury car manufacturer, DaimlerChrysler on Thursday, announced the launch of its new retail financing scheme -- Star Extend -- in conjunction with ICICI Bank.
The F 500 Mind, a concept car, is a research laboratory on wheels for the technology of the future and demonstrates DaimlerChrysler's technological know-how and its leadership in innovation.
DaimlerChrysler India recently announced the launch of its "new-look" Mercedes-Benz C-Class range in India.
MNC auto firms that sold cars below cost, at a loss, thereby paying lower excise duty are prime targets.
As many as 2,000 E-Class sedans, 300 S-Class sedans and around 50 SL and SLK sports cars will be part of Mercedes' Indian recall programme.
If you think Hummer would have topped, then here's a surprise: It does not even feature in the top 5.
Besides, the company will also start assembling the SUV in two South East Asian countries -- Thailand and Indonesia.
Leasing expenses may help save up to 30% for those in the highest tax bracket, but the salaried get no such benefits.
Premium car makers which do not produce models locally, but assemble these in India are busy exploring ways to avoid a price rise in the wake of the government's new duty structure.
The model, considered as large van or a mini bus, has sliding doors and can comfortably seat around 15-18 people. It will be imported into India initially. The model is currently undergoing road tests in Pune, according to sources.
Having brought its entire Mercedes Benz line to India, DaimlerChrysler is now contemplating bringing its Chrysler range of vehicles as well.
'Our task at Mercedes is to have the right setup. It is the customers who make the decision. But, if our approach with the Indian customers is right, we will grow.'
Guenter Butschek will start his new job by Feb. 15
The new flagship Maybach S 650 replaces the S 600 in India
From Audi A8 to Honda Civic, here's what the auto industry has lined up in 2019.
Mercedes-Benz plans to sell more compact cars.
Another sobering number is that the total Chinese investment in India in the past 10 years amounts to $400 million.
Mercedes Benz, BMW and Audi have sharply increased their sourcing from India.
'I believe that it can and in the case of Germany it has. What about ourselves? If it were 1971 today, would we accept 10 million refugees from another land?' asks Ambassador B S Prakash.
The event, organised by Deutsche Messe AG, is held each year at the Hanover fairground, the world's largest, in Hanover, Germany.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
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