Mercedes-Benz India has announced an increase in price of its entire model range. The increase in price ranges from 1-4pc for locally produced models and upto 20pc for select CBUs. The price hike will be effective from 1st April, 2013. Eberhard Kern, Managing Director & CEO, Mercedes-Benz India commented, “There are several factors that have put significant pressure on our bottomlines. Rising input costs and volatile exchange rates have impacted us; while the recent changes in import duty structure and increase in relevant taxes have put significant stress on our business. We have absorbed a portion of the impacts but to retain business viability, we are forced to pass on a part of this burden to the consumers."
Maruti Suzuki India has announced the introduction of ‘Quickstop’, a compact, prefabricated service touchpoint designed for rapid deployment and minimal space usage.
Marelli, a global mobility technology supplier to the automotive sector, announces the launch of its new generation Port Fuel Injection Engine Control Units (PFI ECUs) dedicated to gasoline, flex fuel...
Chiltier, a wearable climate technology company, has announced the launch of its much-anticipated Hydro Vest, a thermoelectric personal cooling and heating system. The vest has been designed to help u...