This is the total of both, direct and indirect employment growth as a result of the expansion. Estimates put together by the Society of Indian Automobile Manufacturers (Siam) say this will be the extra added between now and 2012, to support the ever-increasing demand for new vehicles.
India-specific hatchbacks took centrestage at the 10th Auto Expo, in New Delhi. Check them out!
The chasis of the three-axles vehicle will be made by Mercedes Benz while the body will be assembled by its Indian partner Sutlej Motors.
The growth rate could continue for another seven years.
Formula One's governing body will decide on Friday whether to change next year's scoring system so that the top 10 drivers can take points, with race winners collecting 25. The International Automobile Federation (FIA) said in a statement on Thursday the proposal, made by the Formula One commission, would be put to its World Motor Sport Council for final approval.
Daimler would introduce lightweight trucks from Mitsubishi Fuso stable in the Indian market by 2010 as part of its expansion strategy in the country's auto mart.
Formula One champions Brawn GP will compete next season as the official Mercedes factory team after the German carmaker announced a takeover on Monday.
Famous for its efficiency and precision, Germany boasts some of the best institutions for fundamental scientific research
Tommy Haas will take on Nicolas Kiefer in the final of the Mercedes-Benz Cup.
The 34-year-old American is only the sixth player since men's tennis turned professional in 1968 to achieve the feat.
The two-seater sports-car powered by a 2,979 cc petrol engine is being launched as a part of the company's move to strengthen its position in the Indian luxury car segment.
Mercedes-Benz has launched its ninth-generation iconic sedan E-class, which has a number of technical innovations, in Mumbai.
Mercedes CLA is the more appealing car to look at.
Mercedes and the Brawn GP team declined to be drawn on Monday about reports the German carmaker planned to buy a stake in the Formula One championship leaders.
To explore options for capitalising on growth potential in entry-level luxury car segment.
While the institute declined to share salary details, it said there seemed to be a between 10% and 30% increase in pay packages over last year's
Mercedes-Benz India has indicated to invest Rs 150 crore (Rs 1.5 billion) in network expansion and upgradation of network partners during this financial year. Hyderabad and the adjoining areas have around 1,200 Mercedes-Benz cars.
The Freelander, a compact yet premium 4X4 SUV, is sold in large European markets.
Now you can buy Jaguars and Land Rovers from dedicated showrooms in India. Indian owned or not, they represent some of the best sports cars and sports utility vehicles.
Mercedes-Benz India on Friday said it is expecting a 10 per cent increase in its sales in the next one year as the future prospect for his company and the auto sector is looking up with a stable Congress-led government at the Centre.
The company, which will complete launching of products aimed to drive volumes in India by 2015-16, expects 40 per cent of its entire product range to be priced below Rs 25 lakh (Rs 2.5 million) in the next 5- 10 years.
German luxury carmaker BMW is stepping up its network expansion in India, specially in Tier II cities like Coimbatore, Jaipur and Lucknow, in its bid to claim the top spot in the luxury car market by 2010.
It's also tough to find faults with car.
Smaller cities like Pune and Noida score better than 'Vibrant' Gujarat's Ahmedabad.
Want to own a Merc or Beemer but can't afford it? Here's your chance. With luxury car makers getting ready to launch upgraded versions of models, dealers are offering discounts ranging from Rs 1 lakh to Rs 4 lakh on models that are being phased out to clear inventory.
The Nano is developed to meet all the safety features that are applicable for passenger cars in India -- which is not saying much. What we like is the fact that the car will be able to meet the upcoming safety norms too. Current norms stipulate that the cars sold in India should meet norms set for full frontal crash, head impact on steering wheel, body block impact on steering system and seat belt anchorage strength, etc.
As per the arrangement, Aabar has agreed to take a 9.1 per cent stake in Germany's Daimler, the manufacturer of Mercedes Benz cars and the world's biggest truck maker, the companies said. Aabar is listed on the Abu Dhabi Securities Exchange and directly invests in various sectors including energy, infrastructure, real estate, automotive and financial services companies.
The new generation offering looks better inside out, carries more equipment and drives better.
World champion Lewis Hamilton's new McLaren is too slow and it could be some time before it can win races, the Formula One team said on Friday in a frank acknowledgment of their pre-season problems.
There was a time when one roamed the Expo halls at Geneva and wondered what to file back home. Not any more. Almost every serious carmaker worth its powertrain has at least one serious car meant for India.
The new facility was completed within 13 months and is among the fastest green-field projects to be created. Spread across an area of 100 acres of land and with independent assembly facilities for passenger cars and commercial vehicles, the infrastructure can address future expansion, underscoring the long-term growth plans of the company in India.
CarDekho team drove the facelifted version of Audi's immensely popular compact luxury sedan - A3 in Germany
In a move that will bring cheers on the New Year eve to those importing big cars and sports utility vehicles, the government has eased norms doing away with the mandatory requirement of shipping only from the country of manufacture.
Lewis Hamilton won the inaugural Russian Formula One Grand Prix and extended his championship lead on Sunday in a Mercedes one-two that clinched the team's first constructors' title.
A new imported vehicle with F.O.B (freight-on-board) value of $40,000 or more with over 3,000 cc for petrol-run engine and over 2,500cc for diesel engine would be eligible for the easier norms, the directorate general of foreign trade said in a notification. Under the relaxed rules, imported vehicles which need homologation to make it suitable for Indian conditions, need not have a certification from an authorised body in the country of origin, as was required earlier.
The models will carry a price tag of Rs 1.25 crore to Rs 3 crore, the most expensive in the company's line-up, and will be custom ordered and delivered directly from Germany. Delivery time may take two or three months depending on what the customer chooses.
With festive season around the corner, automakers are launching their best cars.
In the past four months, launches of luxury and super luxury cars have sped ahead of non-luxury ones.
The company registered a growth of 56 per cent over the same period last year. During the nine-month period, Mercedes-Benz sold 524 units of S Class, 921 units of E Class and 1,450 units of C Class cars in India.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances