Gold loans by organised lenders to touch Rs 15 lakh crore by 2027: IcraOrganised gold loans by banks and NBFCs are projected to reach Rs 15 lakh crore, driven by a CAGR of 25% from FY2020-FY2024. Banks lead wit...
Mercedes-Benz India posts record half-yearly sales at 9,262 unitsMercedes-Benz reported a 9% growth in sales in India in the first half of 2024, reaching its highest ever half-yearly sales. The company's ...
Ultra rich drive super-luxe cars in the fast laneThis comes as luxury cars, priced above Rs 40 lakh, are collectively headed for record sales in 2023, having sold an estimated 48,000 units...
In pursuit of going all-electric by 2030, Mercedes Benz India offers attractive support to customersThe German premium carmaker had earlier shared its ambitious plan of targeting all-electric sales by 2030 "where markets allow". In line wi...
One out of 4 Mercedes-Benz cars sold in India in H1 2023 priced above Rs 1.5 crMercedes-Benz India has reported its best-ever half-yearly sales in the country, with 8,528 units sold in H1 2023. The carmaker’s sales saw...
Mercedes Benz India registers 26% growth in Jan to March, sitting on record orderbookThe maker of three-pointed stars is now sitting on its highest-ever order book of 4,000 cars or Rs 3,000 crore, at the close of Q1 of calen...
Mercedes to hike model prices by up to 3% from April 1"The imminent price correction would be in the range of 3 per cent, across the entire model range. The constant increase in input costs in ...
Maruti joins hands with Tata Institute of Social Sciences to offer course in automotive retailThe mandatory 24-month on-the-job training will provide in-depth knowledge to the students, prepare them to face real-life on-ground challe...
Glenmark Life’s Rs 1,514 crore IPO to open on July 27Glenmark’s share sale will be the 27th IPO of the year and fifth offering in July after GR Infraprojects, Clean Science and Technology, Zom...
Mercedes Benz India logs 65% growth during Jan to June of 2021, sales back to pre-Covid levelsThe June 2021 retail, in particular, signifies the first sign of a strong recovery in customer sentiments influenced by factors like new pr...
Luxury car sales witness sharp fall in 2020, worst decline as lockdowns take toll on demandAccording to Santosh Iyer, vice-president (sales and marketing) at Mercedes-Benz India, while demand has improved since September, the pace...
Mercedes-Benz to start local assembly of vehicle range AMG in IndiaThe first Mercedes-AMG product to roll out of the assembly line from Mercedes-Benz India's plant at Chakan in Pune will be the AMG GLC 43 4...
Auto companies eye growth with festive launchesOn Wednesday, Mercedes-Benz India drove in the Rs 1.2-crore GLE 55 AMG coupe, while Toyota launched the Urban Cruiser mini off-roader, or t...
Companies lure luxury buyers with 'lockdown offers'With dealerships shut and uncertainty over when the walk-in retail will open up, embattled companies have started to roll out 'lockdown off...
Mercedes Benz India registers 25% in Q1 of 2018, crosses 16,000 units sales mark for FY-18The impressive performance was supported by the strong sales momentum in the sedan and SUV segment, led by advanced buying from prospective...
Mercedes-Benz rolls out BSVI compliant S-Class at Rs 1.33 croreThe base variant S-350d diesel would be first the BSVI compliant car compatible with BSIV fuel.
Eveready hikes premium battery pricesThe company sells more than 1.2 billion units dry cell batteries annually. The premium range constitutes about 40 % of the total battery vo...