Passenger vehicle makers, including Maruti Suzuki, Mahindra & Mahindra, Toyota and Mercedes got together to find a way forward in the wake of the Supreme Court ban on registration of diesel cars and SUVs of engine capacity of 2,000 cc above in the capital and NCR.
A final decision wasn’t taken on the road map and the top executives of the companies have agreed to meet later this week on how to address the issue over environmental compensation cess (ECC) as directed by the Supreme Court, according to industry sources.
NEW DELHI: Mercedes-Benz followed their 15 in '15 strategy last year by launching 15 new models in India. The German car manufacturer is equally upbeat about 2016 and have promised 12 new cars to - one for each month. Following the launch of the GLE 450 AMG Coupe and the E-Class Edition E, Mercedes-Benz has launched another variant of its flagship sedan, the S-Class. The Mercedes-Benz S400 has been launched at Rs 1.31 crore ex-showroom Delhi.
Expanding its S-Class lineup in India, luxury car maker Mercedes-Benz on Tuesday launched nationally S400 at Rs 1.28 crore (ex-showroom, Delhi). S400, the ninth variant of its flaghship S-Class model, comes with a V6 petrol engine that produces 333 hp and 480 nm (newton metre) of torque.
"Mercedes-Benz believes in introducing the latest products and variants in the market at regular intervals, to keep customer interest and curiosity intact in the brand. This strategy, we firmly believe, has contributed to our unmatched success in India," said Roland Folger, managing director and chief executive of Mercedes-Benz India.
MUMBAI: Maharashtra is making a strong comeback in the automobile sector after losing out to Gujarat, Andhra Pradesh and Tamil Nadu in recent years, with companies promising fresh investments worth billions of dollars in the western state over the next five to seven years. US automobile giant General Motors has committed to invest $1 billion (Rs 6,770 crore) in new facilities.
Mercedes-Benz India on Wednesday said it will hike prices of its vehicles by up to Rs 5 lakh from March 15 in order to offset the impact of infrastructure cess and luxury tax proposed in the Union Budget 2016-17.
The price increase would be between 3 per cent and 5 per cent depending on the model, leading to a price hike between Rs 1 lakh and Rs 5 lakh.
New Delhi, Feb. 7: Mercedes-Benz India, which had a dream run in 2015 with sales of 13,502 units, is likely to face the heat this year following a ban on vehicles with two-litre diesel engines in the national capital region (NCR).
"It (the ban) came as a massive surprise to us. It is very unfair. We have been totally affected by this," said Roland Folger, managing director and CEO of Mercedes-Benz India, at the Delhi Auto Expo 2016.
MUMBAI: In the world of mean machines, the love for diesel is slowly waning. Chrysler is considering adding a petrol variant to its India plan for the Jeep Wrangler, while Jaguar Land Rover, the big three German luxury-vehicle makers and Volvo are boosting their petrol portfolio.
The new thinking among the top makers of sport-utility vehicles (SUVs) and luxury cars is triggered by the curbs imposed on diesel by the Supreme Court.
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