Daimler India, which recently set up 10 new touchpoints, plans to have at least 350 dealerships pan-India in the next two years as it looks to deepen market penetration, a top company executive said
Mercedes-Benz on Wednesday said it is optimistic that the gradual unlocking of markets and festive season will revive consumer sentiment, which remains weak amid the COVID-19 pandemic
The deal, for the German automaker's eSprinter and eVito models, will be complete by the end of the year, Amazon said in a statement on Friday
Hyundai begins preparations; a few others restart operations
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
Under the used car business, more than 150 cars were sold online in the months of January and February in 2020
As a precautionary measure, both companies have started sanitising their offices
The goods and services tax (GST) subvention is a clear sign of the government's support for EVs, he added
The automaker's ESF 2019 has a number of trailblazing safety innovations in tangible form that reflect the mobility of the future and the new approaches associated with autonomous driving
Luxury carmaker Mercedes-Benz India on Wednesday said it will increase prices of its entire product portfolio by up to 3 per cent from January in order to offset the impact of rising input costs. The correction in price would be up to the quantum of 3 per cent, varying across the broad model range, the German luxury carmaker said in a statement. "We have been reviewing the various cost escalations, including the rise in the commodity and input costs that have been exerting pressure on our bottom line. To run a sustainable business and protect our customers' investment in the brand, there is a need to offset the impact of these rising costs through a moderate price correction," Mercedes-Benz India Managing Director & CEO Martin Schwenk said. Though the company has been absorbing the majority of these, it is left with few options but to pass on some of the additional costs to the customers, he added. Other carmakers like Nissan Motor India, Maruti Suzuki, Hyundai Motor and Tata ...
The model affected is the Mercedes-Benz GLK 220 produced between 2012 and 2015