On October 7, German premium car maker Mercedes-Benz launched its new and locally-assembled S-Class luxury sedan from its Chakan facility in Pune, The model is available in two variants: S 350 d, and S 450 4MATIC. In June this year, the company had launched the imported (completely built unit) version...
India Becoming R&D Hub for Multinationals
Multinational from the Americas, Europe, and APAC have set up research hubs to work in the areas of R&D, Business Process Management and IT. More than 1,000 multinational companies have established engineering and research and development centers — known as global in-house centers or GICs — in India. Among these...
Mercedes-Benz Reduces Prices in India
German luxury car maker Mercedes-Benz is reducing the price of its cars for the whole month of June in India. The price reduction will range from $2,170 on the CLA sedan to $10,850 on its Maybach S 500. The company seeks to pass on the benefits of the new tax...
Mercedes-Benz Inaugurates Second R&D Facility in India
Mercedes-Benz, the German automobile manufacturer opened its second research and development in Bangalore to expand R&D and IT activities in India for its parent firm Daimler AG. "The India R&D center plays a crucial role in our global R&D organization, with 200 patents filed for innovation in automotive development since...
Mercedes Benz Aims for Double Digit Growth
After selling more than 9,500 cars in India last year, Mercedes-Benz is aiming for double-digit growth now. “We are planning to launch new models and increase the manufacturing capacity of out Chakan plant from 10,000 to 20,000 units a year,” said Boris Fitz, VP, sales and network development, Mercedes-Benz India...
India's share of global exports doubles since 2000
According to an article in the Economist, Pune in west India, has won the steely hearts of Germany’s car firms. Inside a $700m Volkswagen plant on the city’s outskirts, laser-wielding robots test car frames’ dimensions and a giant conveyor belt slips by, with sprung-wood surfaces to protect workers’ knees. It...