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Mercedes Benz Lines Up Rs 200 cr Investment, To Launch Over 12 Products In 2024

German luxury carmaker Mercedes-Benz will invest Rs 200 crore in India this year on new products, manufacturing operations and digitisation, to strengthen its position after posting record sales of 17,408 units in 2023, a top company official said on Monday. Mercedes-Benz India will have more than 12 launches in 2024, including three electric vehicles, out […]

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Supply Chain Constraints To Continue Affecting Auto Sector This Year: Mercedes-Benz India MD & CEO

The semiconductor shortage issue and supply chain constraints that have plagued the auto industry are unlikely to be resolved this year and the situation may improve only in 2023, according to Mercedes-Benz India Managing Director and CEO Martin Schwenk. While demand for the company’s products continues to be buoyant with order book size increasing, he […]