In India, Mercedes-Benz will launch three new electric cars this year, be the first company to assemble a luxury EV, and will set up a fast...

"We are very optimistic and we are bullish to look at around, say 25 per cent of sales in the next five years (from EVs)," PTI quoted Schwe...

So far, the company has invested Rs 2,600 crore in India operations. The company will progressively do more and more in India — both in ter...

"With stable policies and a clear road map for the sector, an accelerated growth can be achieved transitioning the industry swiftly into th...

Mercedes-Benz India plans to bring to the market the locally assembled EQS electric sedan in the fourth quarter of 2022 to add to the all-e...

The local unit of the German automaker is targeting “significant double-digit” growth in 2021. The company also plans to hire factory worke...

Under the new model, Mercedes-Benz will own the entire centralised vehicle stock and bill new cars directly to customers, in process elimin...

"Overall, I think we can really assume that the momentum which we have seen in the fourth quarter is continuing... With the reduction of CO...

The launch of the EQC will also help the company gain experience in selling and servicing electric cars in India, Schwenk said, adding that...

Martin Schwenk said the auto company is working with less than 50% of the staff.

"Young and first-time buyers who aspire to own a three-pointed star usually opt for certified pre-owned cars to experience the product befo...

"We had planned for ten launches this year and we will do that. Some delay is expected obviously but we are still on track, all products wi...

Martin Schwenk, Managing Director & CEO, Mercedes-Benz India said, “We started 2020 on a high note and our existing as well as newly launch...

The company will initially import the EQC to India, but has also started to explore plans of assembling electrics at its factory in Pune as...

The company, whose sales declined 16% to 9,915 units in the nine months to September, is planning to launch a vehicle every month to attrac...

Martin Schwenk likes reading about technology and artificial intelligence.

The company expects demand in India for all types of powertrains, Mercedes-Benz India managing director Martin Schwenk said.