IndiaCatalog.com
India News
Search Web Directory
News Home
What slowdown? Mercedes sold 600 luxury cars in just one day
Posted on 28th October 2019
NEW DELHI : Beating the slowdown in the auto industry, luxury automobile manufacturer Mercedes-Benz India delivered more than 600 cars last week during Dhanteras. Of the 600 cars, almost half of them were sold in the Delhi-NCR region alone. The rest of the demand came from Punjab, Mumbai, Pune, Kolkata and Gujarat, the automaker said.

"The festive season has been satisfactory for us and we are glad to see an overwhelming response to our products from across markets. We are excited to see the response to the current GLE, which sold out three months ahead of the plan," said Martin Schwenk, managing director and chief executive, Mercedes-Benz India.

The impressive number of deliveries during the current festive season reiterates the increasing customer confidence, he said.

During Dussehra and Navratri, Mercedes-Benz had delivered more than 200 cars in Mumbai and Gujarat.

In the meantime, the German premium carmaker has opened bookings for its new SUV GLE. Mercedes-Benz said that owing to an unprecedented demand for the GLE, it has already sold out its current stock of the SUV three months ahead of the plan and, therefore, has opened booking for its upcoming refreshed version.

The all-new GLE SUV is expected to be launched in the domestic market before the next edition of the Auto Expo in 2020, it added.

Mercedez-Benz has sold some 13,000 GLE cars since the off-roader's entry in the Indian market, the company said.

Related Companies: Mercedes Benz India Limited   

Other Latest News
IT shares gain ahead of Q1 earnings; TCS hits all-time high, Infosys up 4%
Posted on 7th July 2020
Shares of information technology (IT) companies were in focus on Tuesday with the Nifty IT index gaining more than 1 per cent ahead of the announcement of their June quarter (Q1FY20) results. Tata Consultancy Services will kickoff the earnings season by announcing its numbers on Thursday, July 9.

Shares of TCS hit an all-time high of Rs 2,303, up 1.8 per cent on the National Stock Exchange (NSE) in Tuesday's trade. The stock surpassed its previous high of Rs 2,296, touched on September 3, 2019.

Panel recommends shifting LG Polymers plant hit by gas leak in Tamil Nadu
Posted on 7th July 2020
An investigation into a deadly gas leak at a South Korean-owned chemical plant in Tamil Nadu that killed 12 people in May recommended the factory be moved away from inhabited areas, according to its full report released on Tuesday.

The probe at the plant run by LG Polymers, owned by South Korea's LG Chem Ltd, found the company was negligent and warning systems were not working, the state government said on Monday.

Apollo Tyres decides to reduce capex by Rs 400 crore over coronavirus
Posted on 7th July 2020
Apollo Tyres on Tuesday decided to cut capital expenditure by around Rs 400 crore for the year in India due to the pandemic. The company had initially planned around Rs 1,400-1,500 crore in India and about 20 million pounds for its European facility.

During an investors call, the company's CFO Gaurav Kumar said that the plan was to invest around Rs 1400-1500 crore for the current year, but it would be about somewhere between Rs 1,000-1,100 crore.

TikTok to exit Hong Kong market within days over new national security law
Posted on 7th July 2020
TikTok will exit the Hong Kong market within days, a spokesman told Reuters late on Monday, as other technology companies including Facebook Inc have suspended processing government requests for user data in the region.

The short form video app owned by China-based ByteDance has made the decision to exit the region following China's establishment of a sweeping new national security law for the semi-autonomous city.

China has caused great damage to the US, rest of the world: Trump
Posted on 7th July 2020
China has caused great damage to the US and the rest of the world, President Donald Trump said on Monday.

Over the last few months, Trump has been holding China responsible for the spread of deadly coronavirus across the world.

The coronavirus has so far claimed the lives of 533,000 people globally with the US topping the chart with 132,000 fatalities.

» 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 What slowdown? Mercedes sold 600 luxury cars in just one day
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 What slowdown? Mercedes sold 600 luxury cars in just one day

Most Read News

Coronavirus Outbreak: With a spike of 18,653 cases, India's COVID-19 tally reaches 5,85,493

UP Police eliminates two criminals involved in killing of eight cops in Kanpur

New swine flu virus with pandemic potential discovered in China

RIL net debt to dip with rights issue, Jio stake sale: Morgan Stanley

Pharmaceuticals body seeks faster clearances of imported goods at ports

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 - 2020 IndiaCatalog.com
    All Rights Reserved
Privacy Statement