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.
Prices of various car models -- ranging from entry-level hatchbacks to high-end luxury offerings -- are set to rise as automakers have announced price hikes with effect from January. Carmakers cite an increase in input costs and operational expenses as the main reason to implement price increases from the next month. Industry experts, however, note that the exercise is also undertaken by automakers every year in December to shore up sales volume in the last month of the year, as customers postpone buyouts to later months to get the new year manufactured units.
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.
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 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.
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.
Real Madrid hit their stride at the Club World Cup on Tuesday, edging Juventus 1-0 to reach the quarter-finals thanks to a second-half strike from academy graduate Gonzalo Garcia.
FIFA boss Infantino also presented President Trump with the very first ticket to the tournament's grand finale.
The first all electric Mercedes AMG launched in India
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.
'And a majority will be in the top-end vehicle range.'
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.
As the Tata Sierra makes a triumphant return as a modern monocoque 5-doorOn November 15, Rajesh Karkera recalls the original SUV that defined his early adulthood.
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.
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.
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 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.
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.
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.
Tesla's official entry into the Indian market is expected in the final quarter of the current financial year.
The mum of two and national championship winner (in the saloon category) at the MRF Indian National Car Racing Championship 2024 has plenty of style tips for you.
it comes with a 5.5-litre V8 engine, with a displacement of 5,461 cc.
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.
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.
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.
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.
While Mercedes-Benz India expects 25 per cent of its India sales to come from EVs in the next four years, BMW says it estimates around 10 per cent of sales to come from those in the near future.
The S 400 has a 3-litre, V6 petrol engine with a maximum torque of 480Nm and power of 324bhp.
The GLE will be available in two variants.
The German auto maker is clawing back up the brand charts as it fights off competition from Audi, BMW in the Indian market.
The Coupe has all the elements that distinguish the sedan version and then some.
The Mercedes-Benz GLC 220d 4MATIC, the SUV former Tata Sons chairman Cyrus Mistry was riding in on Sunday, comes with various safety features to protect passengers but just like other high-end cars, it has no airbags for rear seats.
Ever since his return to international cricket in 2023 ahead of the 50-over World Cup after a long while of battling injuries, Bumrah has been unplayable, delivering some of the best spells in recent memory.
A purported CCTV footage of the incident surfaced on the Internet showing a white-coloured Mercedes hitting some people standing outside the shop and tossing them in the air. The car rammed into a wall moments later.