Mercedes to run triple-axle luxury coaches in India next fiscalOctober 9th, 2009 KOLKATA - Premium auto maker Mercedes-Benz plans to roll out triple-axle intercity luxury coaches on Indian roads in financial year 2010-2011, a top company official said here Friday. "We're planning to run triple-axle commercial vehicle on the Indian roads in the next 6-12 months.
Mercedes-Benz optimistic about Indian marketOctober 3rd, 2009 JALANDHAR - Luxury car maker Mercedes-Benz is hopeful of achieving good sales growth in India in the coming months despite stiff competition from rivals like BMW and Audi. "Last year we led India's luxury car segment with a 46 percent market share.
Germany's Volkswagen: 2010 global car market sales volume should be similar to 2009September 23rd, 2009 VW: 2010 global car sales to be similar to 2009FRANKFURT — Auto industry heavyweight Volkswagen AG expects the global car sector's sales in 2010 to come in at levels similar to this year's, a senior executive said Wednesday. Wolfsburg-based Volkswagen said it delivered 4 million cars worldwide in the January-August period, a 2.1 percent drop from record 2008 levels.
Mercedes-Benz launches its heavy duty truck in IndiaSeptember 8th, 2009 NEW DELHI - Premium car manufacturer Mercedes-Benz India Tuesday launched its globally acclaimed third-generation truck Mercedes-Benz Actros 4841K in the country. The Actros is its largest selling truck model worldwide, the company said in a statement.
Mercedes-Benz launches special edition modelAugust 20th, 2009 NEW DELHI - Premium car manufacturer Mercedes-Benz India Thursday launched its special edition C-class model here. The petrol variant is priced at Rs.28.46 lakh and the diesel at Rs.31.3 lakh ex-showroom Delhi.
Germany's BMW and Daimler see July car deliveries fall more than 10 percentAugust 7th, 2009 BMW, Daimler see July deliveries declineFRANKFURT — Germany's Daimler AG and BMW AG said Friday that their worldwide car sales fell by more than 10 percent in July as the global economic downturn curbed demand for luxury autos. The BMW group, which includes the Mini and Rolls Royce brands too, reported a 13 percent year-on-year drop in cars delivered to 110,000 from 126,000 in July 2008.
Daimler AG US sales fall 24 percent in July, amid plunging sales of its Smart fortwo minicarAugust 3rd, 2009 July Auto Sales: DaimlerNEW YORK — German automaker Daimler AG said its sales in the U.S. fell by 24 percent in July, amid plunging sales of its Smart fortwo minicar and Mercedes-Benz luxury vehicles.
Carmaker Daimler reports Q2 loss of euro1.06 billion ($1.51 billion), sales fall to euro19.6 billionJuly 29th, 2009 Daimler posts $1.51 billion loss in second-quarterBERLIN — Germany's Daimler AG said Wednesday that it lost €1.06 billion ($1.51 billion) in the second quarter as the recession hurt car and truck sales and the company took charges related to its stake in Chrysler. But the company saw signs of a turnaround and its shares rose.
Audi celebrates century as sales hold up amid recession thanks to China, scrapping programJuly 15th, 2009 On 100th birthday, Audi weathering downturnBERLIN — Audi AG is marking its 100th birthday this week in a strong position, with well-heeled customers defying the downturn to snap up its luxury cars and fuel its ambitions of catching rivals Mercedes-Benz, BMW and Porsche. Audi celebrates its century on Thursday, with a gala event in its Bavarian home town of Ingolstadt that will feature luminaries such as German Chancellor Angela Merkel, Dallas Mavericks NBA player Dirk Nowitzki and eight-time Le Mans champion Tom Kristensen.
Germany's BMW, Daimler see month-on-month sales improve, cautiously optimisticJuly 7th, 2009 German luxury car makers see sales dips narrowFRANKFURT — German luxury carmakers BMW and Daimler said their June sales slipped lower from a year ago, but the overall decline slowed. Both companies said they were cautiously optimistic that market may start to improve sooner than later.
Daimler US posts June sales decline of 26.5 percent for Mercedes-Benz and micro-carsJuly 1st, 2009 Daimler US sales decline 26.5 percent in JuneNEW YORK — Daimler AG said Wednesday that combined U.S. sales for its Mercedes-Benz and smart micro-cars fell nearly 26.5 percent in June compared with the same month a year earlier.
German carmakers BMW, Audi and Daimler say May sales are down, but the news isn't all badJune 8th, 2009 BMW, Audi, Daimler: car sales down but not all badFRANKFURT — Three of Germany's leading carmakers, BMW AG, Audi AG and Daimler AG said Monday that sales fell in May compared to a year earlier, but noted that the slump in the auto market was not as bad as in previous months. The three said demand had rebounded in some countries, suggesting sales could continue to improve in the year ahead.
Mercedes-Benz India to enter used car segmentMarch 20th, 2009 KOLKATA - Luxury car maker Mercedes-Benz India will enter the used car business by the year-end, a top official said here Thursday. 'We are currently working on launching the used car programme in India.
Mercedes-Benz seeks tie-ups with states for low-floor busesMarch 19th, 2009 CHENNAI - Luxury car maker Mercedes-Benz India, which entered into the bus market last year, is looking for tie-ups with state transport undertakings (STU) for selling its low-floor buses, a top official said here Wednesday. 'After launching inter-city luxury coaches, now we are looking at other segments like low-floor city buses and three axle buses.
Mercedes-Benz will hike prices in FebruaryJanuary 14th, 2009 NEW DELHI - Mercedes-Benz cars will become costlier in India next month when the prices will be raised due to the rising input costs and a depreciating rupee, the company said in a statement Thursday. 'Fluctuating input prices and adverse exchange rates have posed severe challenges for margins,' Wilfried Aulbur, managing director and chief executive, Mercedes-Benz India, said in a statement.
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July 14th, 2009 at 8:19 pm
I am flabbergasted and appalled with Mercedes Benz. My wife and I were both laid off and we have hit some really hard times. We have a 3 year old and a 1 year old to feed and take care of, which adds to the sever financial stress we are under. Mercedes Benz Financial has been an UTTER AND CHILLING-NIGHTMARE to deal with during this time in our lives. Let me explain. Our payment is due on the 23rd of the month. If the payment is not received on the due date, they start calling THE VERY NEXT DAY. They call 2 or 3 times an hour, 7 days a week, until the payment is made period. There is NOTHING we can do to stop the calls separate and apart from making the payment. They call and call and call NON STOP!!! The phone starts ringing at 7:00 AM and rings until 8:00 PM. No hyperbole here. It is absolute insanity and has caused more stress than I can explain in this letter. I WILL NEVER AGAIN BUY A CAR FROM THESE NAZI THROW BACKS. When times get hard the true character of those you deal with surfaces and Mercedes Benz is toxic waste along these lines. Our relationship with Mercedes is irrevocably OVER. They have caused so much added pressure to our situation that no material object on the face of the earth is worth the price. I am floored by the low life tactics taken by this company. Their behavior is bizarre, socially violent and aught to be illegal if it is not already. When I borrowed money from Mercedes Benz, I signed a contract which stipulated specific punitive actions that the company could and would take in the event of a breach by me. For example; I agreed to pay a late fee after 10 days, I agreed to have my credit report negatively effected if I did not make my payment on time, I agreed to have the car repossessed for non payment etc. We entered into a contract relationship with them so that we would both know what to expect if things went bad. BUT I DID NOT AGREE OR SIGN UP TO BE CALLED 10 TO 15 TIMES A DAY AFTER BEING ONE DAY LATE. NOR WOULD I HAVE EVER BOUGHT THE CAR AND FINANCED IT THROUGH MERCEDES, UNDER ANY CIRCUMSTANCES HAD THESE COLLECTION TACTICS BEEN DISCLOSED TO ME UP FRONT. My family is under extreme pressure and Mercedes Benz as an organization has exacted a severe and crushing toll on us that exceeds any value of any kind that their product could have ever delivered. I will NEVER do any business of any sort with this company ever again.