About 99,165 electric cars were sold in India in 2024, but electric car penetration -- share of electric car sales in total sales -- was just about 2.5 per cent.
The company said that while the first quarter numbers were at the pre-pandemic levels, it saw a growth of 34 per cent in sales compared to the April to June period of 2020.
The company now offers seven different models of SUVs in India compared to two models a decade ago and contributes around 40 percent of sales up from 30 percent a couple years ago.
The luxury car maker plans to recruit 1,000 people next year; in five years, research staff had jumped from 700 to 3,500.
The new Mercedes-Benz B-Class is a luxury product that also provides comparative value for money.
An Army brigadier and his son were allegedly assaulted in Delhi after the officer objected to public drinking. Police have registered an FIR and are investigating the incident.
Armed with swanky showrooms, decked with plush fixtures, and offering indulgences such as high-end perfumes and customisable accessories, BMW, Mercedes, Audi are rolling out the red carpet for the well-heeled.
In 2024 alone, South India saw the highest rise in sales in the luxury segment, with Tamil Nadu reportedly registering a 19.3 per cent increase in premium car registrations from 2022-23
Mercedes-Benz on Friday said it will announce the launch of a separate brand for pre-owned cars in December.
Sales jumped 32% as compared to the previous year
German luxury car maker Mercedes- Benz on Friday reported 13 per cent increase in annual sales in India.
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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.
Jaguar Land Rover will begin assembling premium cars at its new Tamil Nadu plant on February 9, marking a step towards full-scale luxury car manufacturing in India.
A deep split has emerged within India's auto industry over the proposed CAFE exemption for small cars, with only Maruti Suzuki and Renault backing the move in the final SIAM vote.
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.
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 will increase prices of its vehicles across all models by up to 2 per cent from January 1, 2016, to offset rising input cost.
German luxury car maker Mercedes-Benz on Tuesday said it has commenced the local production of its AMG portfolio in India, and rolled out its first-ever locally made GLC 43 4MATIC Coupe. The company rolled out AMG GLC 43 4MATIC Coupe, tagged at Rs 76.7 lakh (ex-showroom), from its Pune facility on Tuesday.
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.
The breathtaking Mercedes Benz SLK 350 is here! And it you plan to buy it, it will leave your wallet lighter by Rs 56 lakh (Rs 5.6 million), ex-showroom Mumbai!
New mobile-optimized website can be readily accessed through multiple mobile devices.
The company retains tag of being India's largest luxury car seller.
The company plans to produce only 60 units of this special edition vehicle in order to maintain exclusivity. The company earlier this week also announced plans to invest Rs 150 crore (Rs 1.5 billion) in network expansion in the country.
The first-generation Audi Q7 was one of the highest selling vehicles in its class around the world. Now, the comprehensively updated second-gen version is here to fill the shoes and aims to do all that and more!
The first all electric Mercedes AMG launched in India
Cars with left-hand-drive option would be introduced globally later this year in Europe.
DaimlerChrysler India on Friday announced the launch of the E-280, its new variant of E-class in India. The company also announced debut of the diesel variant, the E-280CDI in India.
The six-seater is built for long journeys, especially when you don't want to waste time and would rather wrap up meetings while, say, on the road to the airport, writes Pavan Lall.
German luxury car maker Mercedes Benz on Friday said it will hike prices of its products across models by up to 10 per cent in India from next month.
Double Formula One world champion Lewis Hamilton has agreed a new three-year contract that will keep him at Mercedes until the end of 2018, the team announced on Wednesday.
it comes with a 5.5-litre V8 engine, with a displacement of 5,461 cc.
'And a majority will be in the top-end vehicle range.'
Luxury carmakers are shifting into high gear with a mix of product launches, personalised experiences and lifestyle-led engagement.
This new limited edition Mercedes Benz C Class AMG luxury sedan will be on sale with immediate effect.
So far in the first nine months of 2014, Mercedes Benz India has sold 7,529 units, up 16 per cent from the same period last year.
Six months after its India debut, the Vietnamese automaker has overtaken established players such as Hyundai Motor, BMW, Kia, and Chinese EV major BYD.
This revamped version features the spirit and driving dynamics that its predecessor lacked, and now, has stood as an epitome of the modern luxury sedan.
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 to high demand of its top-end vehicles, cost optimisation, and price hikes, Business Standard has learnt. BMW India said in its FY22 financial statement that the company is focusing on growth and achieving profitability through induction of new products in the market, strengthening its dealership network, and improving customer satisfaction while reducing costs. The company posted its highest-ever revenue in India in FY22 at Rs 4,365.8 crore.
Equipped with a host of features including seats with massaging function, climate control, remote controlled door, 15 speaker surround sound system, the car also has agility control suspension system.
