BMW Group, which includes the Mini and Rolls-Royce brands, and built 2.37 million cars last year, plans to double its production capacity in China to 600,000 cars, Handelsblatt said.
The German automaker has not received approval from the U.S. Environmental Protection Agency to sell 2017 model diesel vehicles.
The sales growth in January-March period this calendar year has been driven by the E-Class sedan and SUV portfolio led by GLC, Mercedes Benz India said.
At least three new models including Velar, Discovery will hit the Indian roads this year, said Rohit Suri, Managing Director, Jaguar Land Rover India.
The Connoisseur's Edition is available in both S 350d and S 400 variants priced at Rs 1.21 crore and Rs 1.32 crore, respectively (ex-showroom, Pune), Mercedes-Benz India said in a statement. While the S 350d is powered by a 3-litre V6 diesel engine, the S 400 has a 3-litre V6 petrol engine.f
"Our outlook in 2017 is to maintain double digit growth in 2017. In the months of January and February, the sales figures were higher than that of the previous year", VP(sales and marketing) of Mercedes-Benz India Michael Jopp said.
To tame high vehicular pollution, the government last year decided on stricter emission norms of Bharat Stage (BS) VI, equivalent to Euro VI, from April 1, 2020 from BS IV now, thereby skipping BS-V altogether.
Luxury car maker Mercedes Benz has received more than 500 bookings for its latest E-Class model across markets, leading to ramping up of production at its Pune factory, a senior company official said today.
ChargePoint, which operates the world's largest network of electric vehicle charging systems with over 33,000 charging ports in the United States, Canada and Mexico, said it had secured the initial USD 82 million in funding, and that investors had committed to the remainder in what would be a second close soon.
The new long wheelbase (LWB) E-Class is longer from its standard version by 140 millimetres in both the wheelbase (3,079 millimetres) and length (5,063 millimetres), the company said in a statement.
The company plans to launch ten products this year, including 'a couple of completely new models' as part of its ongoing efforts to enhance its position in the country.
Overdrive checks out the new Mercedes-Benz E-Class, Shubhabrata Marmar tells you what has changed in the 2017 model of the KTM RC 390 and Bertrand D'souza answers all your queries on Auto Selector. Also watch the highlights of the 2016 Maruti Suzuki Desert Storm.
India will get fresh investments and added product lines from Tata Motors-owned British brands Jaguar Land Rover even as the company has not lined up big-ticket investments for elsewhere across the globe.
Dietmar Exler, head of Mercedes-Benz USA, said in a letter to dealers reviewed by Reuters that the sale of Smart cars with gasoline engines would stop when the 2017 model year ends this fall.
While the petrol variants of both the cars are mounted on a 1.6-litre engine, the diesel variants come with a 2-litre engine.
Pune-based Mercedes-Benz clocked sales of 13,231 units in January-December 2016, a drop of 2 percent over 13,502 units sold in calendar 2015.
The Pune-based company clocked sales of 13,231 units in January-December 2016, a drop of 2 percent over 13,502 units sold in calendar year 2015.
Mercedes-Benz is expected to reach its goal of becoming the largest premium carmaker four years early - a feat achieved, ironically, only after it stopped chasing market share and focused on making stylish high-tech cars loved by consumers.
The D-Max V-Cross is currently priced at Rs 12.8 lakh while the D-Max S-CAB is tagged at Rs 7.87 lakh (ex-showroom Delhi).
"The rising inflation coupled with rising input costs and increasing forex rates have been exerting significant pressure on the bottom line," Mercedes Benz India said in a statement.
It complements the C-Class range by another sports build of Mercedes-AMG origin, the company said in a statement.
The company, which sold 13,502 units last year, however, said it will be looking to grow double digits in 2017.
"From a sales point of view, of course there is less footfalls at the dealerships as customer sentiment has taken a hit. But I am not worried about it at all as I hope by Christmas, things should get clearer," Mercedes-Benz India MD & CEO Roland Folger said.
"Currently, its staff in India accounts for 3,500 people which has risen from a 700-strong headcount five years back. Next year we plan to recruit another 1,000," MD and CEO of Mercedes Benz Research and Development India (MBRDI), Manu Saale said.
In Young Turks On the Road -- in partnership with Mercedes Benz -- start up founders Tanu Tejas, Founder & CEO of ShopKirana and Siddharth Ahluwalia, Co-Founder & CEO of Babygogo are in conversation with Young Turks mentor and Pepsico India Chief D Shivakumar.