Car makers drive in top-of-the-line models in defiance of slowdown

Buyers have been lapping up new model launches, show booking and sales trends

Topics
Car makers | Economic slowdown | car industry

Shally Seth Mohile  |  Mumbai 

Car makers in India are driving in top of-the-line models from their stable even as the market has yet to fully come out of the throes of the slowdown. They are also drawing comfort from the sequential recovery seen in sales with consumers lapping up the new models that have been launched recently.

On Thursday, luxury car market Mercedes Benz India launched its maiden electric car, EQC. Priced at Rs 99.3 lakh. It is the first EV to be rolled out by a luxury car company in India, and the first in the series of electric vehicles Mercedes plans to bring to the Indian market under the ...

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First Published: Thu, October 08 2020. 19:20 IST
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