Mercedes-Benz Expects Double-Digit Sales Growth in India

German luxury car maker Mercedes-Benz expects sales growth in India to be double-digital in the current financial year. Mercedes-Benz holds the first position in the country’s luxury car market. It plans to take advantage of the increasing demand for premium cars. This week the company has launched Maybach GLS 600 4MATIC SUV and AMG S … Read more

Mahindra Getting Strong Demand for SUVs, More than 2.2 Lakh pending Orders

Mahindra & Mahindra, one of the largest automobile companies, has said that it has more than 2.20 lakh orders pending for Sports Utility Vehicles (SUV). Of these, the highest orders for Scorpio and Scorpio N are around 86,000 units. After this, the company has bookings for about 59,000 units of Thar, more than 16,000 units … Read more

Mahindra Planning Big for Electric Vehicles, to Invest Rs 120 Billion

Mahindra & Mahindra, one of the largest automobile companies, has planned to expand its Electric Vehicles (EV) business. For this, the company will invest about Rs 120 billion in its EV unit. It plans to sell some assets related to its EV business to its EV unit for Rs 7.96 billion. In the fourth quarter … Read more

Mahindra to Start Bookings of XUV 3XO on 15 May, Rs 7.49 Lakh Starting Price

Mahindra & Mahindra, one of the major automobile companies, launched the compact SUV XUV 3XO late last month. Its booking will start from May 15. XUV 3XO will compete with Maruti Suzuki’s Brezza, Hyundai’s Venue and Kia’s Sonet. Its prices range between Rs 7.49 lakh to Rs 15.49 lakh (ex-showroom). Booking for this can be … Read more