The announcement of Mitra's resignation comes nearly after three months of Eberhard H Kern joining Mercedes Benz India as the new Managing Director and CEO.
Carmakers Mercedes-Benz, Audi, Renault, Kia India and MG Motor on Wednesday announced plans to hike vehicle prices from January to partially offset the impact of rising input costs. They join the likes of market leader Maruti Suzuki India and Tata Motors, which have also made the year-end announcements to raise prices from next month. Audi India said it will increase prices of its entire model range by up to 1.7 per cent, while Mercedes-Benz India noted it will hike the prices by up to 5 per cent from January 1.
Mercedes Benz E-Class Cabriolet is certainly a head turner.
US would be the first market where Mercedes-Benz GLS would be available for orders and sales.
Step on the gas and the power that propels the compact four-seater will take you by surprise as it hurtles towards the 80 kmph like a racing thoroughbred, never compromising any stability thanks to its rigid chassis and solid 1,600-kg kerb weight that gives it a well-planted feel along straights, corners and tricky lanes and roads, says Pavan Lall.
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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.
It has, however, decided to go slow on plans to assemble the B-Class in India.
New Mercedes-Benz S-Class gets a power lift and cosmetic changes, says Joshua David Luther.
The new car market is estimated at around 30,000 units a year in sales in a good year, whereas the used car market for luxury vehicles is estimated at around 60,000 cars annually.
Traversing from being just vehicle manufacturers to mobility solutions providers amid a raging debate over which eco-friendly technology must be incentivised, the Indian automobile industry is driving in the new year under the shadow of a slowdown in sales with the post-pandemic pent-up demand in distant memory. The shift in the auto industry -- where advanced technologies like autonomous driving, vehicle intelligence, connected features and electrification are quickly gaining traction -- will be reflected in the upcoming Bharat Mobility Global Expo in which India's flagship Auto Expo has been clubbed to be held from January 17-22, 2025 in Delhi-NCR.
The launch boosts the company's presence in the performance SUV segment and takes Mercedes-Benz's SUV portfolio to eight products
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.
Mercedes Benz India on Friday said it will enter the financing services business in the country, looking to further enhance its position after posting a new sales record for the third month in succession in September.
Analysts believe Tesla will first focus on building the Model Y brand before expanding -- both in terms of volume and models.
The first all electric Mercedes AMG launched in India
Automakers Maruti Suzuki, Mahindra & Mahindra and Audi India on Monday announced plans to hike prices of their passenger vehicles in January 2024 citing reasons, including cost pressure driven by overall inflation and increased commodity rates. Besides, Tata Motors and Mercedes-Benz India are mulling increasing the prices of their models from January. The country's largest carmaker Maruti Suzuki India, which sells a range of vehicles from entry-level small car Alto to multi-utility vehicle Invicto, priced between Rs 3.54 lakh and Rs 28.42 lakh (ex-showroom Delhi), on Monday said the price hike would vary from model to model.
Mercedes-Benz G63 AMG made its India debut in a glitzy event in Mumbai on Tuesday.
Mercedes-Benz GL-Class SUV intimidates with its size, but it is an elegant machine for mature drivers.
It's in the looks department that Mercedes-Benz's new compact sports utility vehicle, the GLA, scores over its competition in the luxury segment.
Gold sales on Dhanteras are estimated to drop 10 per cent in volume terms year-on-year on sharp 33 per cent annual rise in rates of the yellow metal, according to industry players. Since Dhanteras -- the most auspicious day in the Hindu calendar for buying items ranging from precious metals to utensils -- is celebrated on two days till 1.11 pm on Wednesday, jewellers are expecting more footfalls in both online and offline stores.
Many of these companies have a waiting period from 6-18 months now, indicating a rise in demand.
Tesla's official entry into the Indian market is expected in the final quarter of the current financial year.
The chasis of the three-axles vehicle will be made by Mercedes Benz while the body will be assembled by its Indian partner Sutlej Motors.
American electric carmaker Tesla has opened recruitment for various roles in India, including business operations analyst and customer support specialist, in what could be a precursor for the company's entry into the country. As per the job postings on the company's website, the posts are for the 'Mumbai Suburban' area.
Ironically, the loss of the number one position happened at a time when Benz has grown at a record 80 per cent clip last year.
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.
Mercedes-Benz India has indicated to invest Rs 150 crore (Rs 1.5 billion) in network expansion and upgradation of network partners during this financial year. Hyderabad and the adjoining areas have around 1,200 Mercedes-Benz cars.
E-Class Coupe has state-of-the-art technology and high safety standards, which meets the needs of young individuals looking for a car that is athletic, striking and passionate.
Cars with left-hand-drive option would be introduced globally later this year in Europe.
Ahead of the festive season, several passenger and commercial vehicle manufacturers have agreed to offer discounts of 1.5-3 per cent on new vehicle purchase against scrapped old vehicles after a meeting with Union Minister Nitin Gadkari, an official statement said on Tuesday. The statement further said Mercedes Benz India has offered a flat discount of Rs 25,000, which will be over and above all existing discounts. Union Road Transport and Highways (RT&H) Minister Nitin Gadkari on Tuesday chaired a meeting with the SIAM delegation at Bharat Mandapam, where he addressed pressing issues in the automobile industry.
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.
The US carmaker's entry into India is expected by the last quarter of the current financial year.
We drove in Italy what will be Mercedes-Benz's most affordable drophead offering in India - the new C-Class Cabriolet!
Mercedes-Benz joins the connected cars revolution with the launch of their app -- 'Mercedes Me'.
German luxury car maker Mercedes- Benz on Friday reported 13 per cent increase in annual sales in India.
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.
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
'And a majority will be in the top-end vehicle range.'
After a brief lull during the pandemic, there is a strong revival in luxury car sales, bolstered by more launches across price bands, replacement demand, ban on old diesel vehicles in the NCR, and 'revenge buying'.
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