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India was allotted 150 units of the seventh generation S-Class, whose official launch is on June 17. Less than 10 days ago, Mercedes-Benz had announced a ‘stock out’ of all the 50-plus units of the Rs 2.43 crore-Maybach GLS 600 4Matic even before its launch.
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The share of the organised sector, which has players like Maruti True Value, Mahindra First Choice and a host of such businesses started by car companies, is projected to rise to 45 percent in FY25 from the current 25 percent.
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The new Velar is available in the R-Dynamic S trim with 2-litre petrol and diesel powertrains.
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The new version of the bike makes its way to the Indian market through the CBU (completely built-up) route from Japan.
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The cut in prices of a maximum Rs 14,500 have made battery-powered two-wheelers close the gap further with their petrol counterparts, and, in some cases, even cheaper
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The second generation BMW S 1000 R is being imported as a completely built-up unit (CBU) and can be booked at all BMW Motorrad India dealerships from Tuesday onwards, the group said in a statement.
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The company noted that it has commenced operations at two facilities with the prescribed workforce strength of 50 percent.
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The two British luxury brands lost about 7,000 units production to the semiconductor shortage during the March quarter before suspending production at two of its factories in the UK in April
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NITI Aayog has also suggested “reworking” the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme to pare costs of electric vehicles with regular ICE vehicles
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The Lebanese-French executive said he had answered hundreds of questions from French investigators earlier this month in hearings centred around allegations of financial misconduct in France.
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India’s electric two-wheeler market is yet to come of age. But is likely the most effective antidote to skyrocketing fuel costs.
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Bollore who took over in September 2020 from Ralf Speth has promised investors of delivering double-digit EBIT (earnings before interest and tax) margin, become one of the world’s most profitable luxury manufacturers and make the company net zero carbon by 2039.
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Electrification, however, is the name of the game and Lamborghini, too, looking to transition towards cleaner mobility but won't be the first to bite the bullet, says CEO Stephan Winkelmann.
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Cap on incentives for electric two-wheelers has been raised to 40% of the cost of the vehicle from 20% while demand incentive has been increased to Rs 15,000/KWh from Rs 10,000/KWh
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Here's all that happened in the automotive space during this week
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Flying cars may reach the market over the next several years. But they will not look or operate like the flying cars in "The Jetsons."
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He will oversee design of all M&M’s key business segments such as SUVs, light commercial vehicle products, last mile mobility, large commercial vehicles, Peugeot Scooters, tractors and farm machines.
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The Grand Cherokee L vehicles on the assembly line are the first of a new generation of Jeep's best-selling model line, aimed at expanding the brand's sales to customers who want an SUV with three rows of seats.
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Accelerated vaccination drives throughout the country, a strong line-up of launches, all-time low auto loan rates and a favourable monsoon are all expected to boost automobile consumption; companies predict a strong rebound in volumes this month on expectations of pent-up April-May demand
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In Elon Musk’s own words, “It’s faster than any Porsche. Safer than any Volvo”
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Ferrari is racing through the gears to bring its Prancing Horse brand to the catwalk and fine dining in an attempt to woo wealthy customers beyond its faithful fans.
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The model is "faster than any Porsche, safer than any Volvo," said Elon Musk, wearing a black leather jacket, after he drove the Model S Plaid down a test track onto the stage.
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China controlled 80 percent of the world’s raw material refining and 77 percent of the world’s cell capacity in 2020.
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Total vehicle retails (including tractors) in May fell to 535,855 units from 1.18 million units in April
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In this work-from-home, digital-driven era, buyers prefer vehicles to be delivered at their residences and companies seem happy to oblige.
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Tesla plans to livestream the delivery of the first Model S Plaid at its U.S. factory in Fremont, California at 7 pm PT (0200 GMT, Friday), according to its official Twitter account.
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Alibaba's announcement of developing self-driving trucks came as dozens of startups, automakers and large technology firms, such as internet search leader Baidu Inc, are accelerating work on self-driving vehicle systems.
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The company said in a statement that Winterkorn 'breached his duties of care' as CEO, based on an extensive investigation by a law firm commissioned by the company.
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Sona Comstar has a market share of 8.7 percent of the global differential assembly market with one in every 12 BEVs using differential assembly made by the company
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New Delhi, Jun 9 Hyundai Motor India Ltd (HMIL) on Wednesday announced the opening of bookings for its upcoming SUV Alcazar which is expected to hi..
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Mercedes-Benz India has sold 50 units sold even before the official launch in India and the deliveries will begin in the next few weeks, Managing Director and CEO Martin Schwenk said
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The first batch is already sold out!
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The GLS 600 is one of 15 new products that Mercedes-Benz plans to launch in India in 2021 with an aim to maintain its leadership position in the luxury car market
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Workers at the Indian unit of Renault-Nissan had asked the Madras High Court for operations to be halted, saying social distancing norms were being flouted and the risk to their lives outweighed the health benefits provided by the company.
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The Maybach GLS 600 isbased on the standard Mercedes-Benz GLS. This means we can expect the Maybach GLS 600 to sport luxuries that are several notches higher than the standard.
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In the event of an employee’s demise, COVID-19 related or otherwise, NAM has promised several measures to help the impacted family both in terms of financial as well as emotional support.
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The Tata Nexon was only recently updated with minor fixes here and there such as a new set of alloys and physical buttons removed and integrated into the infotainment system.
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Bharat Forge has line up a capital expenditure (capex) of around Rs 300 crore for FY22 while for FY23 the capex could be at around Rs 250 crore
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This year, Royal Enfield is ready to introduce more models annually than ever before as the niche bike maker looks to further strengthen its iron grip on the middleweight motorcycle segment
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Group company Samvardhana Motherson Automotive Systems Group BV (SMRPBV) saw its order book increase to EUR 15.6 billion as of March 31, 2021 from EUR 13.1 billion as of September 30, 2020
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The bond, which has been issued for a period of two and a half years, was over-subscribed by about five times, according to a source with direct knowledge of the deal.
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Mercedes-Benz India will also overhaul its distribution and sales system where it will sell cars directly to customers.
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Among the positions Tesla is looking to fill include head of human resources and a head of sales and marketing
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Tesla aims to make the driver-assist system fully self-driving, and many in that young industry are skeptical that a vision-only system will work, saying such systems face challenges in darkness, sunny glare and poor weather conditions.
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The brand claims that buying a Merc will never be the same again. Here’s why.
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The mass vaccination drive will administer the Covishield vaccine to approximately 20,000 of its employees, off-roll employees, contract workers and their family members, the Pune-based automaker said in a release.
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The Skoda Octavia is now built on the updated MQB platform and while the silhouette remains largely similar, the sedan also pulls inspiration from the Skoda Superb, a larger sedan.
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Renault Triber’s latest crash test rating by Global NCAP is yet another milestone for India’s automotive safety norms.
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The Pune-based company will commence the ‘direct to customer’ model in the October-December quarter of this year. Such a sales and distribution model hasn't been experimented before buy any carmaker in India
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Not much in the electronics has changed. The riding modes – Rain, Road and sport – do now come with dedicated throttle maps, but that seems to be the extent of the changes. An IMU based riding assist system would have been nice.
