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FTAs to Boost Demand, Not Slash Prices: Mercedes-Benz India’s Santosh Iyer

FTAs to Boost Demand, Not Slash Prices: Mercedes-Benz India’s Santosh Iyer

Kiran Murali and Ketan Thakkar     calendar13 Jun 2025

Iyer pointed out that 95% of Mercedes-Benz cars sold in India are locally produced and attract duties of only 15–16%, which means the FTA’s reduced tariffs of 10–15% on imported vehicles, will have minimal impact on pricing.

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Toyota Kirloskar Motor Launches 3-Month EMI Holiday Scheme for Glanza and Hyryder Models News
Toyota Kirloskar Motor Launches 3-Month EMI Holiday Scheme for Glanza and Hyryder Models

autherShruti Shiraguppi calendar13 Jun 2025

Customers can purchase vehicles immediately and begin EMI payments during Navratri season.

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Volvo Cars signs recycled steel supply pact with SSAB News International
Volvo Cars signs recycled steel supply pact with SSAB

By Autocar Pro News Desk calendar13 Jun 2025

The recycled steel will be used in selected components of the forthcoming, fully electric EX60 SUV, as well as other c...

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Maruti Jimny crosses 100,000 sales since launch, 74% comprise exports Analysis Sales
Maruti Jimny crosses 100,000 sales since launch, 74% comprise exports

By Ajit Dalvi calendar13 Jun 2025

Launched on June 7, 2023, the Maruti Jimny five-door has sold a total of 102,024 units till end-April 2025. While the ...

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Mercedes-Benz Launches India-Inspired AMG G 63 'Collector's Edition' News
Mercedes-Benz Launches India-Inspired AMG G 63 'Collector's Edition'

autherShruti Shiraguppi calendar12 Jun 2025

Limited edition luxury off-roader restricted to 30 units with personalized features and India-specific design elements...

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'Won't Slip Below No.7 in India, No Matter What' - Škoda India’s Ashish Gupta News
'Won't Slip Below No.7 in India, No Matter What' - Škoda India’s Ashish Gupta

By Prerna Lidhoo and Ketan Thakkar calendar12 Jun 2025

Czech carmaker Škoda’s new India Brand Director, Ashish Gupta, is determined to cement the company’s position in the c...

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Škoda Bets on Automatics to Drive Brand Differentiation in India News
Škoda Bets on Automatics to Drive Brand Differentiation in India

By Prerna Lidhoo and Ketan Thakkar calendar12 Jun 2025

While the industry average for automatic penetration stands at around 25%, Škoda is already ahead of the curve with ne...

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Jeep India Launches Grand Cherokee Signature Edition with Premium Features News
Jeep India Launches Grand Cherokee Signature Edition with Premium Features

autherAngitha Suresh calendar12 Jun 2025

New variant adds motorized side steps, dual rear entertainment screens, and integrated dash cameras for INR 1.54 lakh ...

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Skoda Auto India Announces Expansion Plans for 2025 Growth Strategy News
Skoda Auto India Announces Expansion Plans for 2025 Growth Strategy

autherAngitha Suresh calendar12 Jun 2025

The Czech automaker aims to strengthen its Indian operations through network expansion, new products, and enhanced cus...

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BMW Group to industrialise Virtual Factory, slash production planning costs News International
BMW Group to industrialise Virtual Factory, slash production planning costs

By Autocar Pro News Desk calendar12 Jun 2025

What once required several weeks of real-world modifications and testing can now be precisely simulated in the BMW Gro...

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POLL OF THE MONTH

Will Legacy Players Be Able to Squeeze Out Startups from India's Electric 2-Wheeler Market?

Will Legacy Players Be Able to Squeeze Out Startups from India's Electric 2-Wheeler Market?

Yes

 

71.97%

No

 

28.03%

Total Votes : 157