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MERCEDES PRICE DROP
Mercedes-Benz India confident of sustaining growth on strong demand this yearThe premium car maker also said that a price increase was on the cards to deal with the impact of sustained pressure on Indian Rupee, among...- Porsche loses speed on a curvy roadPorsche AG's sales dropped significantly in the first quarter. China saw a steep decline in luxury spending, impacting deliveries. Model ch...
- Mercedes-Benz India posts first sales decline in five yearsIn 2025, Mercedes-Benz India faced its first sales decline in half a decade, attributed to heightened competition and currency volatility, ...
- Luxury car market to grow in single digits in 2026 amid forex pressure, entry-level slowdown: Mercedes-Benz CEO Santosh IyerIndia's luxury car market is projected for single-digit growth in 2026, facing constraints from currency volatility and muted first-time bu...
- High-end car sales sink in China as its economy slows, taking a toll on European automakersChinese buyers are shifting from expensive foreign cars to cheaper domestic brands. Economic slowdown and government subsidies for electric...
- Mercedes-Benz Q3 earnings plunges amid China sales slump and US tariffs, but share price risesMercedes-Benz Group AG reported a significant 30.8% drop in third-quarter 2025 net profit to €1.19 billion, impacted by declining sales vol...
- GST on luxury cars: Mercedes, BMW, Audi might see a price drop; Check likely price cutsIndia's GST council has streamlined indirect taxes to two slabs, reducing prices on over 400 items. While luxury cars face a 40% 'special s...
- GST panel calls for steep levies on luxury EVs in blow for Tesla, BMWGST Council panel has suggested significant consumer levy increases on luxury electric vehicles priced above $46,000, potentially impacting...
- Mercedes to hike vehicle prices by up to 3 pc in two stages by SepMercedes-Benz India will increase ex-showroom prices of its models in two phases this year, ranging from Rs 90,000 to Rs 12.2 lakh, to part...
- Mercedes CEO urges EU to find equitable solution to China-made EV tariff disputeMercedes-Benz CEO Ola Kallenius is urging the EU to find a fair solution regarding tariffs on Chinese-made EVs, cautioning against using ta...
- Luxury cars go full throttle into stagnation streetLuxury car sales in India experienced a significant slowdown in FY25, growing at just 3.31% to 51,500 units, a record high but a sharp cont...
- Mercedes' global sales drop led by 10% fall in China ordersMercedes-Benz Group AG is experiencing a downturn in China, its largest market, with sales declining by 10% in the first quarter of 2025 du...
- European shares slip but set for weekly gains; Mercedes dropsAutomobile shares led sectoral losses with a 2.9% fall, hurt by a 7.6% drop in Mercedes-Benz after the carmaker cut its full-year profit ma...
- Mercedes says 'brutal' EV market will pressure car sales marginsMercedes-Benz reported that due to intense competition and challenges in the electric vehicle market, including significant price reduction...
- Mercedes-Benz sells 2.05 million passenger cars in 2022Entry-level vehicles, the lowest price segment, saw a 10% sales drop primarily due to supply chain bottlenecks, the carmaker said.
- Mercedes expects double-digit growth in India in 2023 despite weak rupeeMercedes Benz's sales in India rose 41% last year to 15,822 cars, its highest ever in the country, and it has an order backlog of around 6,...
- Auto industry to return to normalcy during festive season: Mercedes Benz India MDThe industry has lost nearly two months of sales due to the nationwide lockdown to check the spread of Covid-19. While production has resta...
- Aston Martin confirms Mercedes boss Moers will replace CEO PalmerThe 107-year old British luxury carmaker earlier this month posted a deep first-quarter loss after sales dropped by almost a third due to t...
- China targets foreign auto sector, raids Mercedes' officeA host of multi-national firms including Microsoft, mainstay of the country's IT boom, have faced anti-monopoly probes with raids on their ...
- Geneva International Motor Show: Mercedes A-Class attacks from behind with iPhoneMercedes-Benz will kick off its effort to regain lost ground in the luxury-car race with a sporty hatchback targeted at users of Apple Inc....
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