He said, Merc had 150 pre-owned cars booking in the Feb-March period
Amid shuttered dealerships and deserted roads, leading car brands including Mercedes Benz, Honda Cars, Volkswagen, and BMW have embarked on campaigns and dedicated online portals
The company will start to sell used cars (October 2019) and new cars on a new website, through a partnership with American online seller Roadster Inc
Schwenk referred to tsunami that hit Japan in 2011, as an example, saying its ripple effects were felt at the time in the entire global auto industry.
The first one will be a sporty SUV called the EQC, which is priced at around Rs 1 crore and will come to the market in April
Mercedes will also be the first luxury car maker to completely transition into BS-VI portfolio with petrol and diesel models shortly
With the new Experimental Safety Vehicle ESF 2019, the German luxury carmaker is giving an insight into the ideas that the company's safety researchers are developing
German luxury car maker Mercedes Benz on Tuesday said it has stopped producing BS-IV vehicles in India and will stop retail sales of the same within a few weeks as it gears up for full transition to stricter emission norm, BS-VI. The company, which on Tuesday launched BS-VI version of its premium SUV GLC with a starting price of Rs 52.56 lakh (ex-showroom all India), said it has already stopped wholesales of BS-IV vehicles. "We have stopped production of BS-IV already since a couple of weeks...Basically we have no wholesales (of BS-IV stock). We have in the retail network still some cars but they will follow natural sales process in the next couple of weeks," Mercedes-Benz India Managing Director & CEO Martin Schwenk said here in an interaction. So, he added,"we will be finishing selling BS-IV cars in the next few weeks, well ahead of the deadline." The stricter BS-VI emission norms will come into effect from April 1, 2020. No automobile manufacturer can produce or sell BS-IV ...
The company had first started assembling cars in India in 1994 with its production site located in the Tata Motors (then Telco) premises before shifting to its own unit
The company will import V-Class Elite to the Indian market from Spain
The luxury segment is down by more than 20% in the first nine months of 2019, says Martin Schwenk, MD & CEO, Mercedes-Benz India
A 'Wishbox' scheme includes a zero and lower down payment plan; also, an aggressive offer that allows customers to own two cars in a span of four years
Iyer succeeds Michael Jopp, who assumes the new responsibility of heading the sales & marketing function of Mercedes-Benz in Malaysia
Martin Schwenk talks to Business Standard about the struggle to grow the luxury car market, its increased sales through digital marketing, and how the company aims to tap product niches
Schwenk, who began his career at Daimler in 1992, through the Mercedes-Benz Trainee Programme, has an engineering degree from the University of Stuttgart
'We are aware that India is strongly pushing into E-mobility by 2030' Britta Seeger
Despite a tough environment, the Pune-based Mercedes-Benz was on a roll till September selling 20 per cent more units in the first nine months of 2017
Roland Folger said confident of closing year with double-digit growth on positive triggers from GST
It is available in both S 350d and S 400 variants priced at Rs 1.21 cr and Rs 1.32 cr
Sales had been hit in the first 8 months due to diesel ban in Delhi, says Michael Jopp