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Mercedes-Benz India outgoing Managing Director and Chief Executive Officer, Martin Schwenk has said high taxation regime in India remains a barrier in the Indian luxury car market growth, limiting to only 38,000-40,000 units per annum. The company on Friday launched GLB and EQB luxury seven-seater sports utility vehicles — three powertrains (petrol, diesel and electric) … Read more
Country’s largest luxury carmaker, Mercedes-Benz India, on Monday announced the appointment of Santosh Iyer, currently the Vice-President, Sales and Marketing, as the new MD & CEO from January 2023. Iyer has been associated with Mercedes-Benz since 2009 in various leadership roles spreading across sales, marketing, retail, customer service and corporate affairs. Iyer is also the … Read more
Economy State wants Sh27.3m Bentley linked to Congolese in Sh287m dirty cash probe Thursday June 02 2022 By SAM KIPLAGATMore by this Author Summary A state agency has applied for the seizure of a luxurious Bentley vehicle worth Sh27.3 million imported into the country by a Congolese businessman suspected to be part of a money-laundering … Read more
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