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Mercedes India
German luxury carmaker Mercedes-Benz plans to launch four new electric vehicles in India in the next 8-12 months to accelerate its electric mobility drive, Mercedes-Benz AG Head of Region Overseas Matthias Luehrs said on Thursday. The company expects 25 per cent of its total sales in India to come from electric vehicles in India by 2027. "We are very happy with the development of our EVs (electric vehicles) here in the Indian market with (models such as) the EQS and the EQB. We'll have four more vehicles coming in," Luehrs told reporters here in an interaction. The company currently sells four luxury electric vehicle models -- EQS, EQB, EQC and EQS AMG -- in the Indian market. On the sales expectation from the EV portfolio in India, Luehrs said, "We will have 25 per cent (of total sales), that's our planning assumption, of electric vehicles in the next four years." At present, sales of EVs account for around 3 per cent of the company's total sales in India. Last year, Mercedes-Be
German luxury carmaker Mercedes-Benz expects India to be its fastest growing market globally, maintaining the feat that it had achieved last year as well, according to a senior company official. Mercedes-Benz India, which had planned to launch ten new products this year, is delaying some of the launches, pushing it to the second and third quarters of 2023 (calender year) due to supply chain constraints with an aim to avoid further increasing the waiting period of its products. "I still see India to be shining among all the other countries. When we see our global reports the growth is still there in India even in the first two months of the year. (It is) too early to call for the full year but if I have to go by the first two months results, it is quite strong and positive compared to many other markets across the world," Mercedes-Benz India Managing Director & CEO Santosh Iyer told PTI. He was responding to a query on whether India can continue to be the company's fastest growing .
Luxury carmaker Mercedes-Benz India on Monday said it has appointed Lance Bennett as Vice President, Sales and Marketing, with effect from February 1, 2023. Bennett -- currently General Manager and Company Director, Mercedes-Benz New Zealand responsible for sales, marketing and after-sales support for passenger cars -- will succeed Santosh Iyer who is elevated as the Managing Director and CEO of Mercedes-Benz India, effective January 1, 2023, the company said in a statement. "We are confident that Lance, with his international market experience and proven record of driving customer excellence, will continue the growth momentum of Mercedes-Benz in India," Mercedes-Benz India Managing Director & CEO Martin Schwenk said. Bennett started his career with Mercedes-Benz New Zealand in 2005 as a management accountant and went on to hold several senior positions within the automotive industry, including postings in the US, Australia and New Zealand. He re-joined Mercedes-Benz New Zealand ..
There is a need to strictly follow road safety rules and stringent implementation of traffic norms in order to bring down fatalities due to accidents in the country, Mercedes-Benz India Managing Director & CEO, Martin Schwenk said on Thursday. With the death of former Tata Sons Chairman Cyrus Mistry in an accident involving a Mercedes-Benz vehicle earlier this month bringing back road safety issues on the forefront again, he said there is not much of a gap as far as regulations are concerned but enforcement needs to be stricter. "If everyone would behave as per the regulation, we would already have a significant reduction in road fatalities, and that's for two-wheeler, three-wheeler and four-wheeler," Schwenk told PTI here on the sidelines of SIAM annual session. He said the unfortunate death of Mistry has brought back "road safety on the agenda in a different way". "We have in India historically around one 1.5 lakh fatalities in a year on the roads," he lamented. The gap is not .