Luxury car buyers switch gears, go for top-end variants

Luxury car buyers switch gears, go for top-end variants

New Delhi: Just the luxury tag doesn’t excite buyers in India’s market for high-end cars; they are increasingly looking for premiumness in what already is a highly discerning segment. At Mercedes-Benz India, vehicles priced upwards of ₹1.5 crore accounted for 25% of total sales so far this year, up from 15% two years earlier, said … Read more

Mercedes-Benz confident of double-digit growth this year, rolls out 2 new top-end models

Mercedes-Benz confident of double-digit growth this year, rolls out 2 new top-end models

Pune: German luxury carmaker Mercedes-Benz on Thursday sounded confident of posting a double-digit growth this calendar year and said it is expecting the demand to remain good in the coming festive season on the lines of last year. Speaking with PTI at the launch of two new top-end car models, Mercedes-Benz India Managing Director and … Read more

Mercedes-Benz India to hike prices from Jan 1

Mercedes-Benz India to hike prices from Jan 1

New Delhi: German luxury carmaker Mercedes-Benz on Wednesday said it will hike prices of select models in India by up to 2 per cent from January 1 next year to partially offset rising input, commodity and logistics costs. The price hike will range from Rs 60,000 for the C-Class to Rs 2.6 lakh for a … Read more