This is the sixth launch for the company in the country in 2016. Mercedes Benz India has plans to launch 12 products and 10 new dealerships in the ongoing financial year.
New Centre has been established to ensure optimum utilization of resources at both the locations and focus towards the enhancement of the capability and the capacity.
The company, which started deliveries of the motorcycle earlier in March this year, has sold 100,000 units of the bike in the last four months.
Ashok Leyland adjusted the net profit registered in the first quarter of the previous fiscal of Rs 159.31 crore as per new accounting standards.
Honda Activa in the fast lane, overtakes Hero Splendor to become India's largest selling two-wheeler
Sales of Activa have increased from 55,000 units in its debut year (FY02) to over 2.46 million units in FY16.
ECOLIFE, a full electric bus, was unveiled at 13th Auto Expo in February 2016. ECOLIFE is a zero emission vehicle (ZEV) powered by lithium batteries.
This initiative is a part of Honda’s precautionary global recall campaign concerning Takata front airbag inflators, the company said in a statement.
Datsun redi-GO is available at 227 Nissan and Datsun sales touchpoints across India at a starting price of Rs. 2.39 Lakh.
Pawan Munjal, chief executive officer, Hero MotoCorp said, "This is the first of many new products which will come out of CIT."
The National Green Tribunal (NGT) in its ruling on December 11 had barred vehicles older than 10 years from plying on roads in the capital.
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