Luxury car makers are lowering the entry barrier and lining up half a dozen launches in the premium segment.
President elect Pranab Mukherjee on Wednesday paid homage to Mahatma Gandhi and other top leaders at their memorials in New Delhi before heading to Parliament to take oath as the 13th President of India.
After becoming the 13th President of India, Pranab Mukherjee will not only have a change in designation and address, but also in his mode of transport. In place of his favourite bulletproof Ambassador, Mukherjee will get a swanky Mercedes Benz limousine to go around
After becoming the 13th President of India, Pranab Mukherjee will not only have a change in designation and address, but also in his mode of transport. In place of his favourite bulletproof Ambassador, Mukherjee will get a swanky Mercedes Benz limousine to go around.
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)'.
Audi, the premium car maker from the Volkswagen fold and the latest entrant in the luxury segment, has declared its intention: topple Mercedes Benz from its second spot in the next two years.
Mercedes-Benz's first launch of the year is its most gorgeous looking and the new entry-level sedan, CLA-Class.
The year gone by saw the high and mighty of the corporate world face the music in the Delhi High Court which held that the telecom majors are amenable to CAG audit and Mukesh Ambani's RIL struggling hard to get rid of an FIR lodged on gas pricing by the 49-day-old AAP regime.
Mercedes-Benz on Thursday launched CLA Class sedan, priced in the range of Rs 31.5-35.9 lakh (ex-showroom Delhi)
The diesel variant is priced lower than the petrol at Rs 22.73 lakh.
And it feels entirely different when compared to all its earlier avatars, observes Pavan Lall.
Sources say Volkswagen may foray into this venture by May.
Auto giants like Hyundai, Volkswagen and Nissan too will hike prices, even though no announcement has yet been made.
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.
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.
Two cars by one of the world's finest luxury carmaker, Mercedes Benz, have drawn the attention of enthusiasts across the world.
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.
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.
The challenge for BMW is to overtake Mercedes-Benz, which bounced back three years ago to become king of the hill.
All you want to know about Mercedes M Class Grand.
The 'sports edition' and the 'luxury edition' are very aggressively priced considering the loadings and features of this marque.
Ahead of the peak festive season, India's passenger vehicle makers are staring at a cumulative order backlog of nearly 500,000 units as chip shortage continues to cripple production. The crisis is forcing companies to change their production plans frequently and take a call on the variants they can manufacture based on the availability of semiconductors. The booking numbers are not a true reflection of demand, said manufacturers.
Increasing the duties on auto parts and putting an additional cess on petrol and diesel could drive up costs of vehicles, specially where volumes are low and localisation is not viable.
What will it take for Tesla to plug and play in India? Sector pundits say it's a mix of strategy, getting the price right, timing, the right talent, and above all, patience.
From Audi A8 to Honda Civic, here's what the auto industry has lined up in 2019.
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.
DaimlerChrysler India, which doubled the sales of its Mercedes-Benz luxury cars in India in calendar 2006, is seeking government support to further develop the luxury car market in India.
Except for March, when BMW recorded unusually high sales, Mercedes sales were ahead in the other months.
The financially strong upper class of India and the good results posted by the existing luxury car makers in the country are the biggest pull for any car manufacturer across the globe.
Their stylish cabs, with the multitude of buttons and gizmos and quality fittings, make you feel you are in a European truck. But then again, both have been developed by Indian manufacturers to rival the best the world has to offer and beat these in markets outside India as well.
Toyota, Mercedes Benz and BMW, have announced a hike already.
With cars like the Toyota Corolla and the Honda Civic selling in very small numbers and potentially even being phased out, the Octavia has very little competition, says Pavan Lall.
Orissa is truly shining. Its new found status as an investment destination has seen a significant increase in the customer base for various luxury products.
The Enforcement Directorate has attached assets worth over Rs 14 crore belonging to the Gitanjali Group and its promoter and jeweller Mehul Choksi, one of the prime accused in the alleged over Rs 13,000 crore PNB loan fraud case. The properties attached, under the anti-money laundering law, include a flat measuring 1,460 sq feet located at O2 Tower in Goregaon area of Mumbai, gold and platinum jewellery, diamond stones, necklaces made of silver and pearls, watches and a Mercedes Benz car, the ED said in a statement. A provisional order for attachment has been issued under the Prevention of Money Laundering Act (PMLA) for the assets worth a total Rs 14.45 crore that are in the name of Gitanjali Group of companies and its director Mehul Choksi, it said.
Indian Hotels, which owns the chain of Taj hotels and East India Hotels, may gain from a tax court ruling that allows hoteliers to claim depreciation and tax benefits on imported cars which are used to ferry tourists.
The sports car 'SL 350' is powered by a 3.5 litre V6 engine while sports utility vehicle 'GL 500' will run on a 5.4 litre V6 engine.
In Chanda's defence, one can always say, why would the Videocon Group take care of her husband as a quid pro quo to get a loan? After all, the group has taken money from the entire banking industry and ICICI Bank's share in the pie is not even 10 per cent. So, if it had a quid pro quo with Chanda to get the money, it must have had similar arrangements with other banks, too. If this is not the case, one must accept that it had got money from all banks, including ICICI, without any under-the-table conditions, points out Tamal Bandyopadhyay.
Every year, carmakers announce at the end of November or December their plans to increase prices of their vehicles by January.
DaimlerChrysler India Wednesday unveiled the latest edition of S-Class vehicles with a price tag of Rs 70 to 72 lakh and M-class vehicles, between Rs 55 to 60 lakh, for the Indian market at the Mercedes-Benz Brand Showcase in Mumbai.
Germany-based luxury coach manufacturer DaimlerChrysler's subsidiary Mercedes Benz is planning to launch its high-end premier bus Tourismo in India by 2008.
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