Tag: mercedes benz

  • Mercedes-Benz C300 AMG Line Launched at Rs 69 Lakh; Check Features, Performance And Other Details | Auto News

    Mercedes-Benz has introduced updates to its popular C-Class model range in India, including the launch of the new C300 AMG Line priced at Rs 69 lakh. The C-Class continues to be available in three trims: C200, C200d, and the newly introduced C300 AMG Line, replacing the older diesel-powered C300d AMG Line. The ex-showroom prices for the C200 and C200d are Rs 61.85 lakh and Rs 62.85 lakh, respectively. Additionally, the high-performance C43 AMG is available for Rs 98.25 lakh (ex-showroom).

    Mercedes-Benz C300 AMG Line: New Features and Enhancements

    The C300 AMG Line boasts a refreshed exterior featuring sportier design elements, including revised front and rear bumpers and the distinctive AMG Line front grille with 3D effects. New Manufaktur color options such as Patagonia Red Bright and Sodalite Blue add to its appeal.

    Inside, the C300 AMG Line includes the ‘Night Package’ as standard, providing a blacked-out interior treatment. It comes equipped with premium features like a Burmester 3D surround sound system, digital lights, augmented reality navigation, blind spot assist, and a keyless-go comfort package.

    Performance and Engine Specifications

    Under the hood, the C300 AMG Line is powered by a 2.0-litre, four-cylinder turbo-petrol engine paired with a 48V mild-hybrid system. This setup produces 255 bhp and 400 Nm of torque. The integrated starter generator (ISG) offers an additional output of 22 bhp and 205 Nm, with an overboost function that provides an extra 27 bhp for about 30 seconds. The engine is mated to a 9-speed automatic gearbox, enabling a 0-100 kmph sprint time of 6 seconds and a top speed of 250 kmph.

    Updates to C200 and C200d

    The updates are not limited to the C300 AMG Line. The C200 and C200d variants have also received new features, including heated and ventilated front seats, a 360-degree camera, six fast-charging USB-C ports, and adaptive high beam assist.

    GLC SUV: Enhanced Features and Revised Pricing

    Mercedes-Benz has also updated its best-selling SUV in India, the GLC, with new features. These include heated and ventilated front seats and additional side rear airbags, increasing the total airbag count to nine. Consequently, the prices for the GLC have been revised. The GLC 300 4Matic is now priced at Rs 75.90 lakh, while the GLC 200d is priced at Rs 76.90 lakh (both ex-showroom).

  • Are SIPs ‘really’ chargeable for lack of luxurious automobile gross sales?

    In a latest interview to The Times of India, Santosh Iyer, who will take over because the CEO and MD of Mercedes-Benz India in January, mentioned that clients are suspending shopping for luxurious automobiles as a result of they need to proceed investing by systematic funding plans (SIPs). SIPs are an everyday method of investing in mutual funds (MFs), notably fairness MFs.

    The level that Iyer is making is that individuals are selecting to proceed to take a position into MFs by SIPs quite than purchase costly automobiles. Iyer mentioned: “They (SIPs) are our opponents.”

    Iyer’s logic presumably stems from the truth that the recognition of SIPs has grown in leaps and bounds. In October, a complete of ₹13,041 crore was invested in MFs by the SIP route. The inflows in April 2016 had stood at ₹3,122 crore and have consistently grown since then. The variety of excellent SIP accounts as of October stood at 59.3 million, up from 52.7 million on the finish of March. So, are folks investing by SIPs and within the course of not shopping for costly automobiles?

    Let’s begin with the gross sales of passenger automobiles. Within passenger automobiles, let’s first have a look at mini and compact automobiles (3,201mm to 4,000mm). These are the automobiles that almost all first time consumers have a tendency to purchase.

    Data from the Centre for Monitoring Indian Economy (CMIE) means that their gross sales from April to October had stood at 952,298 items. In comparability, the gross sales throughout April to October 2018, earlier than the financial slowdown hit the Indian economic system and the covid pandemic broke out, had stood at 1.24 million items. It must be identified right here that the CMIE knowledge for April to October this yr doesn’t embody gross sales of Tata Motors. The knowledge from 2018 did. Even if we add Tata Motors gross sales knowledge for 2022, the gross sales in 2018 could be considerably increased than gross sales in 2022. Further, the gross sales of those automobiles are round 30% increased than in 2021.

    Now let’s have a look at govt automobiles (4,501mm to 4,700mm). These automobiles are way more costly than the entry stage automobiles. Their gross sales stood at 14,684 items for the interval April to October. This is way more than the full gross sales throughout the identical interval over the past 4 years. The gross sales of premium automobiles (4,701 mm to five,000mm) throughout April to October stood at 1,556 items, way more than the gross sales throughout April to October 2018 or the identical interval in any of the years since then.

    Now let’s check out multi-utility autos, which are typically way more costly than entry stage automobiles. Their total gross sales throughout April to October stood at 1.12 million items, having greater than doubled from 2018 and near 47% increased than 2021. In reality, there’s a big ready interval for a lot of of those autos.

    Further, multi utility autos priced larger than ₹30 lakh noticed gross sales of 23,001 items this monetary yr, which is greater than 10 instances the gross sales throughout April to October 2018.

    What does all this inform us? It tells us that the demand for costly automobiles has gone up huge time this yr. This is the Okay-shaped restoration that economists hold speaking about, the place the wealthy have turn into richer and have expressed their richness by shopping for dearer automobiles. Clearly, allocating cash in the direction of SIPs is just not holding them again.

    The similar might not be true for folks looking to buy entry stage automobiles. As talked about earlier, the gross sales of mini and compact automobiles, that are entry-level automobiles, throughout this monetary yr has been considerably decrease than in the identical interval in 2018, although higher than the gross sales in the identical interval in 2021.

    It’s well-known that the common SIP dimension of a number of the greatest MF distributors in India is within the vary of ₹2,000-3,000. Hence, for folks trying to purchase an entry stage automobile and having SIPs of round ₹10,000-15,000 monthly, it would actually be a alternative between shopping for a automobile or stopping the SIP. Actually, this is likely to be additionally true for these trying to purchase a brand new two-wheeler and having SIPs within the vary of ₹2,000-3,000. Two-wheeler gross sales from April to October have been at 9.81 million items, decrease than the identical interval in 2018 and 2019.

    To conclude, SIPs are clearly not the chance price in relation to shopping for costly automobiles. But they could be a possibility price for these trying to purchase an entry stage automobile or one other two-wheeler for that matter.

    Vivek Kaul is an financial commentator and author.

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  • Cyrus Mistry loss of life: Brakes had been utilized 5 seconds earlier than automotive crashed, says Mercedes report

    By PTI

    MUMBAI: The brakes of the Mercedes automotive carrying industrialist Cyrus Mistry and three others had been utilized 5 seconds earlier than it crashed, the posh carmaker mentioned in its interim report submitted to Palghar police, an official mentioned.

    The police official additionally mentioned {that a} staff of consultants from Mercedes-Benz is scheduled to go to Mumbai on Monday from Hong Kong to examine the automotive.

    Meanwhile, the German automaker mentioned in a press release that it was cooperating with the authorities within the investigation of the automotive crash and can share the findings solely with them because it respects buyer privateness and confidentiality.

    Mistry (54) and his pal Jahangir Pandole had been killed on Sunday afternoon when their Mercedes automotive hit a highway divider in Palghar district.

    Two different automotive occupants, Anahita Pandole (55), who was on the wheel, and her husband Darius Pandole (60) suffered accidents and had been admitted to a non-public hospital in Mumbai.

    The accident occurred on the Surya river bridge after they had been on their approach to Mumbai from Gujarat.

    Luxury carmaker Mercedes-Benz has submitted its interim report on the deadly accident of industrialist Cyrus Mistry to the Palghar police, which mentions that the brakes of the automobile had been utilized 5 seconds earlier than it crashed into the highway divider, a senior official mentioned on Friday.

    “Mercedes-Benz has submitted its interim report to the police. It says that the car was running at a speed of 100 kmph a few seconds before the accident, while its speed was 89 kmph when it hit the divider on the bridge,” Palghar Superintendent of Police Balasaheb Patil mentioned.

    The report says that the automotive’s brakes had been utilized 5 seconds earlier than the crash, he mentioned.

    Patil added that the Regional Transport Office (RTO) has additionally submitted its report, which talked about that 4 air luggage within the automotive had opened after the crash – three on the driver’s seat and one on the adjoining seat.

    “A team of experts from Mercedes Benz is coming to Mumbai from Hong Kong on September 12 for inspection of the car,” he mentioned.

    Till that point, the automotive shall be saved on the Mercedes’s unit at One Hiranandani Park in Thane, he mentioned.

    “After the inspection, the luxury carmaker will give its final report,” he mentioned.

    Mercedes-Benz in its assertion mentioned, “We respect customer privacy and confidentiality and we will share our findings only with the authorities.”

    “We are cooperating with them where possible and will be providing them with further information and clarification sought on the matter directly, as required,” the assertion talked about.

    The automaker had despatched to Germany the Electronic Control Module (ECM) of the automotive during which the previous Tata Sons chairman was killed, for evaluation.

    Most high-end vehicles have the Electronic Control Module which might later assist establish technical points like brake failure or low brake fluid.

    Against the backdrop of this accident, the district administration had on Thursday requested freeway authorities to hold out a highway security audit.

    Collector Govind Bodke had mentioned {that a} joint go to of freeway officers and police has been deliberate for September 14 to search out out technical flaws and suggest mitigating measures.

    They have been requested to place distinguished signboards at black spots (perennially accident-prone stretches) on the route, the collector added.

    MUMBAI: The brakes of the Mercedes automotive carrying industrialist Cyrus Mistry and three others had been utilized 5 seconds earlier than it crashed, the posh carmaker mentioned in its interim report submitted to Palghar police, an official mentioned.

    The police official additionally mentioned {that a} staff of consultants from Mercedes-Benz is scheduled to go to Mumbai on Monday from Hong Kong to examine the automotive.

    Meanwhile, the German automaker mentioned in a press release that it was cooperating with the authorities within the investigation of the automotive crash and can share the findings solely with them because it respects buyer privateness and confidentiality.

    Mistry (54) and his pal Jahangir Pandole had been killed on Sunday afternoon when their Mercedes automotive hit a highway divider in Palghar district.

    Two different automotive occupants, Anahita Pandole (55), who was on the wheel, and her husband Darius Pandole (60) suffered accidents and had been admitted to a non-public hospital in Mumbai.

    The accident occurred on the Surya river bridge after they had been on their approach to Mumbai from Gujarat.

    Luxury carmaker Mercedes-Benz has submitted its interim report on the deadly accident of industrialist Cyrus Mistry to the Palghar police, which mentions that the brakes of the automobile had been utilized 5 seconds earlier than it crashed into the highway divider, a senior official mentioned on Friday.

    “Mercedes-Benz has submitted its interim report to the police. It says that the car was running at a speed of 100 kmph a few seconds before the accident, while its speed was 89 kmph when it hit the divider on the bridge,” Palghar Superintendent of Police Balasaheb Patil mentioned.

    The report says that the automotive’s brakes had been utilized 5 seconds earlier than the crash, he mentioned.

    Patil added that the Regional Transport Office (RTO) has additionally submitted its report, which talked about that 4 air luggage within the automotive had opened after the crash – three on the driver’s seat and one on the adjoining seat.

    “A team of experts from Mercedes Benz is coming to Mumbai from Hong Kong on September 12 for inspection of the car,” he mentioned.

    Till that point, the automotive shall be saved on the Mercedes’s unit at One Hiranandani Park in Thane, he mentioned.

    “After the inspection, the luxury carmaker will give its final report,” he mentioned.

    Mercedes-Benz in its assertion mentioned, “We respect customer privacy and confidentiality and we will share our findings only with the authorities.”

    “We are cooperating with them where possible and will be providing them with further information and clarification sought on the matter directly, as required,” the assertion talked about.

    The automaker had despatched to Germany the Electronic Control Module (ECM) of the automotive during which the previous Tata Sons chairman was killed, for evaluation.

    Most high-end vehicles have the Electronic Control Module which might later assist establish technical points like brake failure or low brake fluid.

    Against the backdrop of this accident, the district administration had on Thursday requested freeway authorities to hold out a highway security audit.

    Collector Govind Bodke had mentioned {that a} joint go to of freeway officers and police has been deliberate for September 14 to search out out technical flaws and suggest mitigating measures.

    They have been requested to place distinguished signboards at black spots (perennially accident-prone stretches) on the route, the collector added.

  • Cyrus Mistry automobile accident: Mercedes crew collects knowledge 

    By PTI

    MUMBAI: A crew from the German luxurious carmaker Mercedes-Benz, whose automobile crashed right into a street divider killing industrialist Cyrus Mistry and one other occupant, has collected the car’s knowledge which shall be decrypted for additional evaluation, a senior police official mentioned on Tuesday.

    There may even be an investigation into different particulars just like the automobile’s tyre strain and brake fluid degree to establish the reason for the accident, Inspector General of Police, Konkan vary, Sanjay Mohite informed PTI.

    “Officials from the Mercedes-Benz company visited and collected the encrypted data from the accident-hit car. The data will be analysed, decrypted and will be shared with police for further investigation,” he mentioned.

    Low brake fluid causes air to fill the gaps within the brake line, resulting in tender brakes. Spongy brake pedals will be harmful, the official mentioned.

    Mistry (54) and his good friend Jahangir Pandole had been killed on Sunday afternoon when their automobile hit a street divider in neighbouring Palghar district of Maharashtra.

    Two different automobile occupants, Anahita Pandole (55), who was on the wheel, and her husband Darius Pandole (60) suffered accidents and are admitted to a personal hospital in Mumbai.

    The accident occurred on the Surya river bridge when the 4 individuals had been on strategy to Mumbai from Gujarat.

    The deceased weren’t carrying seat belts as per a preliminary probe, a police official earlier mentioned, including that over-speeding and an “error of judgement” by the motive force prompted the accident. Prima facie, the posh automobile was rushing when the accident occurred, the official had mentioned.

    MUMBAI: A crew from the German luxurious carmaker Mercedes-Benz, whose automobile crashed right into a street divider killing industrialist Cyrus Mistry and one other occupant, has collected the car’s knowledge which shall be decrypted for additional evaluation, a senior police official mentioned on Tuesday.

    There may even be an investigation into different particulars just like the automobile’s tyre strain and brake fluid degree to establish the reason for the accident, Inspector General of Police, Konkan vary, Sanjay Mohite informed PTI.

    “Officials from the Mercedes-Benz company visited and collected the encrypted data from the accident-hit car. The data will be analysed, decrypted and will be shared with police for further investigation,” he mentioned.

    Low brake fluid causes air to fill the gaps within the brake line, resulting in tender brakes. Spongy brake pedals will be harmful, the official mentioned.

    Mistry (54) and his good friend Jahangir Pandole had been killed on Sunday afternoon when their automobile hit a street divider in neighbouring Palghar district of Maharashtra.

    Two different automobile occupants, Anahita Pandole (55), who was on the wheel, and her husband Darius Pandole (60) suffered accidents and are admitted to a personal hospital in Mumbai.

    The accident occurred on the Surya river bridge when the 4 individuals had been on strategy to Mumbai from Gujarat.

    The deceased weren’t carrying seat belts as per a preliminary probe, a police official earlier mentioned, including that over-speeding and an “error of judgement” by the motive force prompted the accident. Prima facie, the posh automobile was rushing when the accident occurred, the official had mentioned.

  • Germany: 1 lifeless, 9 injured after take a look at automotive veers into site visitors

    A take a look at automotive with autonomous steering functionality veered into oncoming site visitors in Germany, killing one particular person and significantly injuring 9 others, police mentioned Tuesday.

    A spokesman for police within the southwestern city of Reutlingen mentioned the electrical BMW iX with 5 folks on board, together with a younger baby, swerved out of its lane at a bend within the highway, triggering a collection of collisions involving 4 automobiles Monday afternoon.

    After brushing an oncoming Citroen, the BMW hit a Mercedes-Benz van head-on, ensuing within the loss of life of a 33-year-old passenger in that automobile.

    The 70-year-old driver of the Citroen misplaced management of her automotive and crashed into one other automobile with two folks on board, pushing it off the highway and inflicting it to burst into flames.

    Reutlingen police spokesman Michael Schaal mentioned 4 rescue helicopters and dozens of firefighters responded to the incident and the injured have been taken to a number of hospitals within the area. They included the 43-year-old driver of the BMW, three adults aged 31, 42 and 47, and a 18-month-old baby who have been all within the take a look at automobile.

    Schaal mentioned police hadn’t but had a chance to interview these concerned within the crash.

    “The crash vehicle was an autonomous electric test car,” police mentioned in a press release. “Whether it was being steered by the 43-year-old (driver) or not is the subject of investigation.”

    BMW confirmed that certainly one of its take a look at automobiles was concerned in a collision close to Reutlingen, however denied that the automobile was absolutely autonomous.

    “The vehicle has a level 2 driving assistance system that is already incorporated in production vehicles today and which can support the driver on demand,” the corporate mentioned. “With level 2 vehicles the driver always retains responsibility.”

    BMW added that the automobile was required to be marked as a take a look at automotive for information safety functions, as a result of it was recording footage.

    “We are in the process of investigating the exact circumstances (of the crash),” BMW mentioned. “Of course we are in close contact with authorities.”

  • Mercedes-Benz expects ‘substantial’ development in India this yr

    German luxurious carmaker Mercedes-Benz expects ‘substantial’ development in India this yr pushed by a line-up of 15 merchandise and sustained demand restoration being witnessed from the fourth quarter of final yr, in keeping with a prime firm official.
    The firm, nevertheless, sees reaching its peak degree of 2018 in India, solely in 2022, as a result of supply-chain constraints particularly in Europe.
    “Overall, I believe we will actually assume that the momentum which now we have seen within the fourth quarter is continuous… With the discount of COVID circumstances a whole lot of normalcy has occurred. We have seen very robust demand in all our vary.
    “I would think the festive season plus new products have triggered that, and would continue in 2021,” Mercedes-Benz India Managing Director and CEO Martin Schwenk advised PTI.
    He was responding to a question on the corporate’s outlook for the continuing calendar yr.
    Schwenk additional mentioned, “We have 15 products in our pipeline. With (the ongoing) demand we should have a good chance for recovery and substantial growth in 2021.”
    In 2020, the corporate had reported 43 per cent decline in gross sales at 7,893 items in India, as in comparison with 13,786 items bought in 2019.
    Giving a perspective of how the demand restoration has been regular and robust within the second half of 2020, he mentioned, “We have seen in the fourth quarter of 2020, a 40 per cent increase compared to the third quarter.”
    In the primary quarter of 2020, the corporate had bought 2,386 items and it plummeted to only 563 items in Q2 because of the lockdown. It bought 2,058 items within the third quarter and within the fourth quarter clocked 2,886 items, a development of 40 per cent as in comparison with the previous quarter.
    When requested how lengthy it could take for Mercedes-Benz India to achieve its highest ever gross sales of 15,538 items in 2018, Schwenk mentioned, “2018 was our best year which we had and I don’t think that we will achieve it in 2021. I think we will achieve that in 2022.”
    Giving causes, he mentioned, “What limits us at the moment is more of the actual production start. We have requirements for support from Europe and there are still some concerns with travels… At the moment there are some constraints…”.
    Stating that world demand has picked up higher than anticipated, he mentioned a few of the firm’s excessive sellers such GLE and GLS SUVs are dealing with constraints.
    “We have order banks on these vehicles and we have one to three months waiting period on GLS. That is caused by multiple constraints in the system itself,” Schwenk mentioned including the corporate is hoping that after the primary quarter of 2021 these items could be resolved.
    Commenting on demand sustainability, he mentioned India’s key financial indicators are wanting good which helps in creating optimistic shopper sentiments, specifically the enterprise people who find themselves key clients of the corporate.
    “At the moment we have stable demand, a positive development on the demand side. I can clearly see that new products and improving customer sentiments created the demand… I think we will see continued demand,” Schwenk mentioned.