India has announced an upward revision of the price of its models from
September 1, 2014. The price increase would be up to 2.5pc, varying across
model range. The increase in prices is a result of rising input costs coupled
with other factors like continued high exchange rate that has been impacting
the bottom-line of the company.
Kern, Managing Director & CEO, Mercedes-Benz India commented that
Mercedes-Benz continues to offer ‘top of the line’ products for its customers
and focuses on adding more value to their overall ownership experience. He
further added that despite the price hike, the attractive financial solutions
from Mercedes-Benz Financial Services like ‘Flexinomics’, ‘Star Agility, Star
Lease’ and ‘Star Supersonic’ loan approvals etc. are all tailor made for the
Axalta Coating Systems, a leading global supplier of liquid and powder coatings, announced its Global Automotive Colour of the Year 2022 – Royal Magenta.
ReadyAssist, an autotech startup plans to invest USD 8 million over a year to augment EV infrastructure in the country. It will kick-off the initiative by setting-up Grid, a phygital store (Physical s...
Hyundai Motor India Ltd. (HMIL) has announced its new campaign with the 6- and 7-Seater SUV – Alcazar, featuring Shah Rukh Khan and the four 4 Indian Women Cricketers -Smriti Mandhana, Jemimah Rodrigu...