Former Chief Justice of India B R Gavai set a new precedent by leaving the official Mercedes-Benz car for his successor Surya Kant after the latter's swearing-in ceremony.
German luxury carmaker Mercedes-Benz on Friday said it will hike prices of its vehicles in India by up to 3 per cent on its entire model range in the portfolio from January 1, 2025, citing a rise in input costs, inflationary pressures and higher operational expenses. Prices of Mercedes-Benz cars in India will be revised by Rs 2 lakh for the GLC to Rs 9 lakh for the top-end Mercedes-Maybach S 680 luxury limousine, Mercedes-Benz India said in a statement.
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 driver of the Innova tried to escape from the spot and sped away. As the vehicle reached the toll booth, it rammed into many cars, leaving nine people injured. Later, three of them were declared dead," the DCP said.
Dr Anahita had only worn the shoulder harness from the back and had not adjusted the lap belt, police said.
Darius Pandole, who survived the car accident in which industrialist Cyrus Mistry died, has told the police that his wife Dr Anahita was driving the Mercedes-Benz car in the third lane and could not merge into the second lane that turned narrow near the Surya river bridge in Maharashtra's Palghar, an official said.
Mercedes-Benz India is aiming to post double-digit growth in sales volume during 2024 as it plans to launch over 12 car models during the year, says its managing director and CEO Santosh Iyer. The German carmaker, which leads the luxury car market in the country, recorded 10 per cent year-on-year (Y-o-Y) growth to 17,408 units in 2023. "For 2023, we always said that the growth would be in double digits.
The attached properties include three commercial assets based in Dubai, a Mercedes Benz car and a number of fixed deposits in bank accounts in the country and outside, the agency said.
The police in Palghar district of Maharashtra, who are investigating the Mistry car accident case, have found this during their investigation.
During the investigation, witnesses were questioned and reports were obtained from the Regional Transport Office and Mercedes Benz India Pune, said a police release.
The auto maker has taken the gamble and reconfigured the model to meet the challenges posed by its rivals. It might well prove a winning ploy.
Professionals, including doctors, engineers, farmers and industrialists, from various sections of Kolhapur, Sangli and Belgaum in Karnataka have made primary bookings for 180 Mercedes Benz cars from a Pune dealer, B U Bhandari, who was also responsible for the Aurangabad deal.
About 150 Mercedes-Benz cars, purchased in a single transaction and valued at Rs 65 crore (Rs 650 million), were distributed in Aurangabad.
The 150 cars that were distributed include 13 S class, 74 E class, 39 C class, 6 GL class and 18 M class cars.
An Indian-origin pharmacist has been jailed for six months for owning a fleet of stolen vehicles and putting his own personalised number plates on them to avoid detection.
As per the arrangement, Aabar has agreed to take a 9.1 per cent stake in Germany's Daimler, the manufacturer of Mercedes Benz cars and the world's biggest truck maker, the companies said. Aabar is listed on the Abu Dhabi Securities Exchange and directly invests in various sectors including energy, infrastructure, real estate, automotive and financial services companies.
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.
Eyeing the projected 15 per cent growth in the luxury car market segment, DailmerChrysler India Pvt Ltd, makers of Mercedes-Benz cars, has decided to set up a new plant in Pune to enhance its manufacturing capacity.
The E's nature is genteel, more upscale and assured. And that's what most people who gravitate towards the three-pointed star want. It's just that attaining that experience has become that much more accessible with these two new variants.
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.
Daimler Chrysler, makers of Mercedes Benz cars, said on Tuesday it expected to make its new manufacturing unit near Pune operational early next year with an annual production capacity of more than 9,000 units.
'Since we have a long waiting period, customers will be able to see cars for the next one year which are going to be produced and block (book) them.' 'So, if there is a wedding or a birthday in October, they can already check its availability in that month and block it.'
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.
Dealerships, too, are going all out to roll out the red carpet for women.
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.
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.
The National Investigation Agency (NIA) on Thursday seized two more luxury cars allegedly used by suspended Mumbai police officer Sachin Waze, sources said.
The luxury car maker plans to recruit 1,000 people next year; in five years, research staff had jumped from 700 to 3,500.
The sedan portfolio grew 39 per cent in the January-September 2015.
After spending more than three years in jail, mining baron and former Karnataka Minister Gali Janardhan Reddy on Friday stepped out of the central prison in Bengaluru after being granted bail by the Supreme Court in an illegal mining case.
Audi's 2015 sales were three per cent higher than its 2014 sales, which stood at 10,851 units.
The German luxury automaker has already seen its online traffic increase 10-fold this year. Though that has not always translated into sales, Mercedes-Benz says it is continuing to build on what it calls its "touch-free" experience to stay plugged into its consumer base. Under the used car business, more than 150 cars were sold online in January and February.
The founder of the California-based Tri-Valley University, who destroyed the academic careers of several hundred Indian students in the United States, has been sentenced to more than 16 years in prison for running a sham university that served as a front for an immigration scam.
Higher costs of car inventories, missing sales targets and manufacturer expectations, and soaring rentals, are eating into dealers' margins.
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