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.
The company said that it would launch 15 new models.
Audi plans to launch a total of 10 products in India this year as it looks to fend off stiff competition from rival Mercedes-Benz.
Mercedes-Benz on Friday said it will announce the launch of a separate brand for pre-owned cars in December.
There are a whopping 10 sedans slated for a launch in India this year. Rajesh Karkera/Rediff.com gives the lowdown.
As many as 11 Mercedes models are impacted by the ban.
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.
Mercedes Benz plans to launch a new open top version of its SLS AMG super car.
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.
German luxury car maker Mercedes- Benz on Friday reported 13 per cent increase in annual sales in India.
Luxury car manufacturer is planning to launch a new model, 2013 Mercedes-Benz SL.
The answer would have been an unequivocal yes had the A4 been priced more aggressively, says Pavan Lall.
Sales jumped 32% as compared to the previous year
The last rites of Cyrus Mistry, former chairman of Tata Sons who was killed in a car crash, will be performed in Mumbai on Tuesday, his family said.
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.
The quantum of price increase would be up to 2.5 per cent depending upon the model range, effective from September 1, Mercedes-Benz India said in a statement.
The company, which currently sells a range of vehicles from Alto to S-Cross, said it has taken the decision to hike prices due to an increase in input costs. The weighted average price rise, with effect from April 18, in ex-showroom prices (New Delhi) across models is 1.3 per cent, it added.
Audi sold 10,851 units last year, higher than Mercedes-Benz, which sold 10,201 units.
Snapshots from the recently concluded Mercedes-Benz Swim Fashion Week!
The company retains tag of being India's largest luxury car seller.
Fashion lessons from Mercedes Benz Fashion Week Madrid.
The luxury car market leader will be producing the new-generation cars, sedans, SUVs, and AMG performance cars at one facility.
The F 015 luxury sedan concept, with its spacious cabin and lounge-like seating for four, explores new possibilities for self-driving cars that can double as virtual living rooms on wheels.
The ban does not speak about used luxury cars.
India-specific hatchbacks took centrestage at the 10th Auto Expo, in New Delhi. Check them out!
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.
Designer Zeynep Tosun presented her collection which was inspired by strong women.
Audi and Mercedes-Benz have already opened dealerships in Guwahati -- a gateway to all the north-eastern states -- and BMW intends to join them soon. Ajay Modi reports.
Pooja Kharbanda is the hottest new name in the designer swimsuit business in the US.
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.
Understated earlier, JLR is spending on its brand recall to prepare for the Baby Jag that will target volumes.
Audi plans to launch a total of 10 products in India this year as it looks to fend off stiff competition from rival Mercedes-Benz.
We are so glad that the season of denims is back!
New ramp styles you'll want to try right now!
Bollywood's A-list actresses and the big cars they cruise in on Mumbai roads!
The company got back in the numbers game only in 2013.
In the first of a two-part series we bring you the best runway offerings from Mercedes-Benz Fashion Week Swim 2014!
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.
'We have a customer base of 70,000 in India'.
The police in Palghar district of Maharashtra, who are investigating the Mistry car accident case, have found this during their investigation.