Mercedes-Benz said singling out vehicles beyond this limit does not "make a whole lot of difference" and there must be a level-playing field for all.
The company claimed the Maybach S600 Guard is the first passenger car globally certified to offer the highest level of protection.
General Motors India today hiked prices of its entire vehicle range by up to Rs 51,000 in order to offset the impact of new levies proposed in the Union Budget 2016-17.
Apollo Tyres will invest as much as Rs 4,000 crore in the coming financial year to double capacity at its manufacturing facility in Chennai
Hyundai Motor India Ltd (HMIL) today raised prices of its vehicles by up to Rs 82,906 across models on account of new levies announced in the Union Budget.
The acquisition includes 100 per cent equity holding in Rinder India and Light Systems and Technical Centre in Spain; and 50 per cent equity holding in Rinder Riducu, Colombia. The deal will be financed through internal accruals and the debts.
The company will offer dual SRS airbags as standard equipment in all the new models launched from April onwards.
The additional infrastructure cess will hit demand of diesel vehicle and especially big SUVs and luxury cars as the cess is steeper on these categories.
Mercedes-Benz India today said it will hike prices of its vehicles by up to Rs 5 lakh from March 15 in order to offset impact of infrastructure cess.
The ongoing ban on the registration of large diesel vehicles in the National Capital Region further added to the troubles of auto makers.
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