Pune: German luxury carmaker Mercedes-Benz on Thursday sounded confident of posting a double-digit growth this calendar year and said it is expecting the demand to remain good in the coming festive season on the lines of last year. Speaking with PTI at the launch of two new top-end car models, Mercedes-Benz India Managing Director and … Read more
NEW DELHI: In a big step-up for the Indian luxury car market, Mercedes-Benz is looking to double installed capacity at its India factory to 40,000 cars per annum as the German giant charts out a strategy to maintain its lead in the country by launching new cars and expanding its footprint.The move, which is in … Read more
Mercedes-Benz India today announced it will increase the ex-showroom prices of its select models from January 1, 2024. The price hike will be up to 2 percent for select models in the portfolio. The luxury carmaker states that rising input costs, commodity costs, and logistics costs driven by high inflationary pressures, have been exerting significant … Read more
New Delhi: German luxury carmaker Mercedes-Benz on Wednesday said it will hike prices of select models in India by up to 2 per cent from January 1 next year to partially offset rising input, commodity and logistics costs. The price hike will range from Rs 60,000 for the C-Class to Rs 2.6 lakh for a … Read more
Set for another record sales this year, Mercedes-Benz India is confident of carrying forward the momentum to 2024 despite supply concerns, company Managing Director and CEO Santosh Iyer said on Thursday. The company on Thursday launched two fresh products — new SUV GLE priced between Rs 96.4 lakh to Rs 1.15 crore and AMG C … Read more
New Delhi: Luxury car buyers in India are getting younger with two out of five Audi buyers aged less than 40. At Mercedes-Benz India, buyers have an average age of 38 years, the youngest for the German luxury carmaker globally. The scenario is similar at BMW India where consumers aged 35-40 contribute bulk of the … Read more