IndiaCatalog.com
India News
Search Web Directory
News Home
Mercedes-Benz unveils India's first BS-VI car, promises better fuel economy
Posted on 20th January 2018
Mercedes-Benz unveiled the BS-VI variant of its flagship S-Class on Friday. The luxury carmaker became the first in India to show preparedness for the commercial launch of a BS-VI compliant model, two years ahead of the regulation.

Roland Folger, managing director (MD) and chief executive at Mercedes-Benz India, said with government incentive, the implementation of the BS-VI norms can be expedited. Mercedes-Benz claimed the new engine produces 68 per cent less nitrous oxides, 82 per cent less particulate matter and betters fuel efficiency by six per cent than the outgoing model.

The car, which can run on BS-IV fuel, is available in the country. As part of the fuel emission road map, India’s auto industry will leap frog to BS-VI from 1 April, 2020.

“I hope the government understands this, the adoption of Bharat Stage VI can be massively accelerated if you incentivise those companies — it will encourage others to follow us,” said Folger, clarifying that he was not seeking incentive for Mercedes as it would have anyways done it. It would have helped other manufacturers as well, he added.

However, Nitin Gadkari, minister of road transport & highways, shipping and water resources, river development & Ganga rejuvenation said, “There’s no incentive required. The market is an incentive,” said Gadkari, adding the Mercedes had set an example for other manufacturers.

“It will get good market as people will prefer them as compared to others,” he added. The Union minister said he hoped to see vehicles running on alternative clean fuels like ethanol, methanol, bio-fuels and electric. The reduced GST rate on bio fuel and electric vehicles to 12 per cent, as against 48 per cent on petrol models should be a good starting point for automakers and it doesn’t need further incentive. “This is the starting point,” said Folger. Each and every model Mercedes rolls out this year will be BS-VI compliant. The idea behind doing it from this year is to ensure a smooth transition to the next stage. If the company has launched a model in the middle of this year with BS-IV, it would have had to change the line up again next year to meet the 2020 regulations.

“We would rather go full fledged now,” said the Mercedes-Benz MD.

The switch to the stricter emission norms will now help the firm in saving costs it as it doesn’t need to have BS-IV models anymore. It will also mean that the India subsidiary can launch the models sooner than later in India after its global debut as its product line up will be better aligned to Europe and it doesn’t have to create an “artificial variant” anymore.

Meanwhile Gadkari said the petroleum ministry had taken the responsibility to offer the BS-VI grade fuel ahead of time.

“They have said they are ready to supply the fuel in Delhi,” he said.

Meanwhile commenting on the India’s electric mobility mission plan, the minister said, “You will see a big change in the next one year.” Nagpur will get 800 more electric taxis next month.

By end of this month, two big companies are launching their electric bikes there. Close to 20,000 charging stations are coming up soon. “There’s no incentive required. Anything good in the market will be in demand.”

Related Companies: Mercedes Benz India Limited   

Other Latest News
Microsoft, Apollo Hospitals build AI-powered platform to predict cardiovascular disease risk score
Posted on 17th August 2018
Microsoft India and Apollo Hospitals have partnered to build an artificial intelligence-powered platform, designed to predict the risk of Cardiovascular Disease (CVD) in the Indian population. Under the collaboration, which is part of Microsoft’s AI Network for Healthcare initiative, the two entities have launched an AI-powered Cardiovascular Disease Risk Score API (application program interface)

Malaysia’s Axiata relinquishes major rights in Idea Cellular ahead of Vodafone merger
Posted on 17th August 2018
Idea Cellular today said Axiata, whose current holding in the company stands at over 16 per cent, has relinquished “all major rights” including that of nominating a director on the board. Idea’s statement comes at a time when the telecom firm has received the government’s approval for merger with Vodafone. The combination is set to create the country’s largest mobile phone operator worth more than USD 23 billion with a 35 per cent market share.

BPCL to keep Mumbai refinery shut for at least 2 months after fire: Source
Posted on 17th August 2018
India's Bharat Petroleum Corp Ltd will keep a secondary unit at its 120,000 barrels-per-day (bpd) Mumbai refinery offline for at least two months following a fire last week, two industry sources said on Friday.

When contacted, a BPCL spokesman could not immediately confirm the duration of the shutdown, saying that a decision will be made in one to two days.


Ashok Leyland bags order for 300 double-decker buses from Bangladesh
Posted on 17th August 2018
Ashok Leyland has won an order of 300 double-decker buses from Bangladesh Road Transport Corporation (BRTC).

Leyland has to deliver the order within eight months.

Vinod K. Dasari, Managing Director of Ashok Leyland, said Bangladesh is one of the key export markets and this order further strengthens the company's position.


ITC hits fresh 52-week high; stock surges 17% in one month
Posted on 17th August 2018
Shares of ITC hit a fresh 52-week high of Rs 315, up 2.5% on the BSE in early morning trade, extending gains of the past 4 weeks after the company’s June quarter net profit beat the Street estimates.

The stock of fast moving consumer goods (FMCG) company was the largest gainer among the S&P BSE Sensex at 09:38 am. It outperformed the market by surging 17% in past one month, as compared to a 4% rise in the benchmark index.


» Post a FREE Classified Advertisement
Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.
Jobs in India India Real Estate Automobiles Matrimonials Beauty & Fitness

Add a comment for Mercedes-Benz unveils India's first BS-VI car, promises better fuel economy
Please only use this form to enter comments on the above company. All comments are reviewed before they are displayed on the web site. Not all comments may be displayed. Check back with us to see if your comments have been displayed.
If you want us to email the comments posted by users, please Subscribe by email
Name*
Comments*
Security Code*
 

Be the first person to write a business review for Mercedes-Benz unveils India's first BS-VI car, promises better fuel economy

Most Read News

Concor ropes in TCS to strengthen mobile app for reverse auction

Paytm Mall aims to generate $10 bn in annualised gross sales by March 2019

Infosys to go ahead with Kolkata project worth Rs 1 bn without SEZ status

No more free insurance for train travel, opt out or pay up: Railways

Wipro, ITC, Cadila take lead in race to acquire Complan

More India News

  India Web Directory
Business Profiles
Automotive Directory
IT/ITES/BPO Directory
Hotel Directory
Health Directory
Business Directory
Gems & Jewellery
Education Directory
Real Estate Directory
Agriculture Directory
Logistics Directory
Yellow Pages
NRI Guide
Photo Galleries
Global Web Directory
*** FREE India Classifieds
Order Premium Listings
Submit a Site
Business Reviews
Home
About us
Link to us
Advertise
Contact us
Google Search Keywords: India Catalog, IndiaCatalog, India Web Directory
    © 1999 - 2018 IndiaCatalog.com
    All Rights Reserved
Privacy Statement