German carmaker expands captive R&D Centers in India

Mercedes Benz now has 650 engineers working at its Bangalore development center. The facility is dedicated to passenger cars, and it currently works in conjunction with Daimler's German unit in many areas, including development of powertrains, according India General Manager (Product Homologation) Prakash Vermali. The company hired 250 tech staff...

Mercedes Benz expands market presence in India, expect India to be a top 4 market

After 15 years  the Indian luxury car market, Mercedes Benz is seeing competition heat up from compatriot BMW. Managing Director Peter Honegg was interviewed about his approach to India and quoted in Automotive Magazine. While many foreign entrants worry that India's market is hyper-sensitive to price, the reality is that...

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