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Mercedes partly loses class action case over diesel defeat devices
Mercedes partly loses class action case over diesel defeat devices

A German court ruled partially in favor of consumers in a class action lawsuit against Mercedes Benz regarding diesel emissions defeat devices. The court found that some of Mercedes' diesel models with Euro 6 engines built between 2012-2016 had cheat devices but found no violations in older Euro 5 models.

BMW, Lamborghini vs Rolls Royce, Aston Martin: Which luxury car brands were favoured in past five years
BMW, Lamborghini vs Rolls Royce, Aston Martin: Which luxury car brands were favoured in past five years

In recent years, the preferred brands are BMW, Lamborghini, Porsche, Jaguar Land Rover, and Mercedes -Benz

Expect India to be third largest market among 118 countries: Mercedes-Benz
Expect India to be third largest market among 118 countries: Mercedes -Benz

Mercedes -Benz anticipates India becoming its third-largest market in the "Region Overseas" within the next 2-3 years, with expectations of strong demand for luxury vehicles. Currently, India is the fifth-largest market in the region, and Mercedes -Benz plans to add 12 new models, including three battery electric vehicles, this year. The company aims to expand its presence in smaller cities, adding

Mercedes-Benz and GECBH celebrate 10 Years of ADAM Course
Mercedes -Benz and GECBH celebrate 10 Years of ADAM Course

Mercedes -Benz and GECBH celebrated 10 years of ADAM course that aims to impart a holistic understanding of the latest automotive mechtronics

Luxury car financing market surges as more Indians trade up
Luxury car financing market surges as more Indians trade up

Executives like Ravi Bhatia from Jato Dynamics, Shahrukh Todiwala from Kotak Mahindra Prime, Santosh Iyer from Mercedes -Benz, and Madan Sabnavis from Bank of Baroda comment on the growing luxury-car financing market in India and the factors driving its growth.

Bharat Mobility Show: Force Motors to invest Rs 2000 crore in 2 years to 2025
Bharat Mobility Show: Force Motors to invest Rs 2000 crore in 2 years to 2025

Force Motors (listed on the Bombay Stock Exchange) produces small commercial vehicles like Traveller and Urbania and SUV Force Gurkha, among others. The company sold 17,335 commercial vehicles (up from 12,913 units in the same period last fiscal) and 1,133 passenger vehicles (up from 540 units) between April and December of the ongoing financial year. The company also manufactures engines and gear

Mercedes-Benz sets eyes on smaller cities to fuel further growth
Mercedes -Benz sets eyes on smaller cities to fuel further growth

The luxury car market in India accounts for just over 1 per cent of the total passenger vehicle sales of around 40 lakh units annually. Mercedes -Benz is currently the leading player in the market.

Budget 2024: Automakers seek continued push to green mobility, infra development
Budget 2024: Automakers seek continued push to green mobility, infra development

p Several leading firms in the automobile industry are urging the government to maintain favourable policies for promoting green mobility and focus on robust infrastructure development in the upcoming Budget, scheduled for presentation on February 1. /p p Santosh Iyer, MD and CEO of Mercedes -Benz India, emphasised the importance of continuing capital expenditure on infrastructural projects t

Fraudulent TDS withdrawal of ?264 crore: ED to auction 3 seized high-end cars
Fraudulent TDS withdrawal of ?264 crore: ED to auction 3 seized high-end cars

The Enforcement Directorate (ED) will auction three high-end cars valued at ?2.63 crore, seized during a money laundering probe related to tax refund fraud. The cars, including a BMW X7 and a Mercedes Benz GLS400D4matic, will be auctioned to secure their maximum value. The sale proceeds will be credited as proceeds of the crime in the case. The ED has seized/frozen/attached properties worth around

Mercedes Chief Toto Wolff Signs New Contract
Mercedes Chief Toto Wolff Signs New Contract

p Toto Wolff signed a three-year contract to remain as team principal and chief executive of Formula One outfit Mercedes on Monday. The Austrian, who owns a one-third share of the Formula One team, announced the new agreement following a meeting with fellow shareholders INEOS and Mercedes -Benz. Wolff has overseen the day-to-day running of the operation since 2013. The 52-year-old guided Mercedes