The ban does not speak about used luxury cars.
Indian workforce prefers to work for companies operating in sectors like IT, followed by BFSI and retail & FMCG.
The Maybach GLS 600 4MATIC is the first-ever SUV offering in the company's ultra-luxurious 'Mercedes-Maybach' range. It is the only second Maybach model to be rolled out in the Indian market, following the Mercedes-Maybach S-Class.
The move will primarily impact luxury car companies like Mercedes Benz, BMW, Audi and Volvo and bike brands like Triumph and Harley Davidson.
Audi sold 10,851 units last year, higher than Mercedes-Benz, which sold 10,201 units.
On Day One of the lockdown announced by the Maharashtra Government, it wasn't business as usual for automobile manufacturing units in the State. Confusion prevailed over regulations-what is allowed and what isn't. While some units ran with less than half the workforce, others sought clarity from the government on what is permissible and what isn't.
The Three-Pointed Star also unveiled its 2021 motto coined as 'Reimagining Excellence', which aims at making the brand more desirable and drawing customers closer.
Mercedes Benz, BMW and Audi have sharply increased their sourcing from India.
On September 19, 2007, in the World T20 match in Durban, Yuvraj's had hit six sixes off Broad in an over during his cameo of 58 runs off 16 balls.
Maruti Suzuki, Tata Motors, Mahindra & Mahindra, Hyundai and MG Motors are gearing up to introduce EVs in India.
Fourteen stadiums across the US will host the Copa America matches.
The company got back in the numbers game only in 2013.
The new flagship Maybach S 650 replaces the S 600 in India
The domestic luxury car segment is a key beneficiary of GST within the automobile space as prices are set to come down by up to ten per cent in most cases. Roland Folger, MD & CEO, Mercedes Benz India, speaks to Shubham Parashar on the significance of these changes on the industry and other issues.
American tech billionaire Elon Musk on Saturday said his proposed visit to India has been postponed due to "very heavy Tesla obligations". The electric carmaker Tesla CEO -- who was expected to be in India on April 21 and 22 and scheduled to meet Prime Minister Narendra Modi -- wrote on X that he is looking forward to coming to India later this year.
BMW Group India recorded its highest annual sales on the back of strong demand for its top-end ICE (internal combustion engine) and electric vehicles (EVs). The German luxury automaker on Thursday announced that its domestic car sales jumped 18 per cent year-on-year (Y-o-Y) to 14,172 units in calendar year 2023 (CY23). This mirrored a trend in the luxury space, with its peers also reporting record numbers.
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 Audi mobile showroom will tour 30 cities over the next two years.
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.
In its first official engagement with the Indian government, Elon Musk-led Tesla and other global automotive (auto) manufacturers sought clarification on the new electric vehicle (EV) policy, specifically regarding investment guidelines and the timeline for the domestic value addition (DVA) requirement. Officials who attended the meeting told Business Standard that the original equipment manufacturers (OEMs) tried to understand whether the complete investment would be made within three or five years and the duration they would have to achieve the 50 per cent DVA. "The consultation meeting was convened to address queries from auto OEMs.
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 stock of the country's largest passenger vehicle maker, Maruti Suzuki India (MSIL), has been hitting successive all-time highs over the past three trading sessions. The rally in the scrip has helped it notch over a 21 per cent gain since the start of February, outperforming the National Stock Exchange Nifty Auto Index. The gains for the leader of small passenger cars have been more recent, as the company still trails the Nifty Auto over one- and two-year periods.
From watches and sunglasses to trekking/fitness bicycles, online shoppers seem ready to loosen purse strings.
India-specific hatchbacks took centrestage at the 10th Auto Expo, in New Delhi. Check them out!
In the past four months, launches of luxury and super luxury cars have sped ahead of non-luxury ones.
It goes from 0 to 100 kmph in 4.8 seconds!
The company retains tag of being India's largest luxury car seller.
Mercedes India say they have already secured many pre-orders for the S600 Guard.
If you are planning to buy an electric car in the near future, it would be highly advisable to wait for these upcoming electric SUVs.
The company has the largest car park in EVs in India, estimated to be around 170,000 units. As a pilot, it has already started work with used online car marketplace Spinny.
The growth rate could continue for another seven years.
The luxury car maker plans to recruit 1,000 people next year; in five years, research staff had jumped from 700 to 3,500.
State transport undertakings are warming up to the multinationals despite premium pricing
The event, organised by Deutsche Messe AG, is held each year at the Hanover fairground, the world's largest, in Hanover, Germany.
The German auto maker is clawing back up the brand charts as it fights off competition from Audi, BMW in the Indian market.
According to Randstad Employer Brand Research (REBR) 2020, Microsoft India scored high on financial health, strong reputation and utilisation of the latest technologies. Others in the top 10 list are Samsung, Amazon, Infosys, Mercedes-Benz, Sony, IBM, Dell, ITC and TCS.
This new limited edition Mercedes Benz C Class AMG luxury sedan will be on sale with immediate effect.
The Rs 3k-cr facility may come up in Pune. While plans are yet to be finalised, the lower cost of manufacturing in India has compelled the company to give a serious thought to the proposition, Harald Landmann, the bus business head for Mercedes-Benz said at the launch of the company's intercity luxury bus in Pune.
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.
While home-grown firms like Tata and Mahindra have been actively participating in the government's e-mobility mission, by launching electrified versions of their existing models, the global firms believe electric is not the best solution for a country where the primary source of power generation is coal, and where infrastructure is a big impediment.
