Contents: 2. Competitive Analysis 3. Expansion Plans 4. PESTLE Analysis 5. Recent News 6. Conclusion 7. References
Contents: 2. Competitive Analysis 3. Expansion Plans 4. PESTLE Analysis 5. Recent News 6. Conclusion 7. References
1. Introduction
2. Competitive Analysis
3. Expansion plans
4. PESTLE Analysis
5. Recent News
6. Conclusion
7. References
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Mercedes in India
Introduction:
Mercedes-Benz India right now has the greatest system go after any
extravagance vehicle, mentors, transports and trucks in India. Organization has
areas in 47 urban communities with 96 outlets.
In 2016, Mercedes-Benz's development technique for the year will spin around
the trademark "Winning with Mercedes-Benz". In the Jan-December 2016
period Mercedes-Benz India enlisted a noteworthy 32% year-on-year
development by selling 13502 units. For the third sequential year, Mercedes-
Benz India has seen a twofold digit development. Mercedes-Benz to dispatch 12
models and 10 new outlets in 2016. Mercedes-Benz India recorded retail offers
of 15,538 units in the period January-Dec 2018.
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Mercedes-Benz offers 18 vehicle models in India, including 7 new vehicle
models in SUV/MUV class, 5 in Sedan classification, 2 in Convertible class, 1
in Station Wagon classification, 3 in Coupe class. Mercedes-Benz vehicle value
begins at Rs. 31.72 Lakhs, the top line model beginnings at Rs 2.55 Crore.
Mercedes-Benz has 2 up and coming autos in India, GLE New and E-Class
Cabriolet Facelift.
• Mercedes-Benz C-Class
• Mercedes-Benz CLA-Class
• Mercedes-Benz E-Class
• Mercedes-Benz GLA-Class
• Mercedes-Benz GLS-Class
• Mercedes-Benz S500 1
• Mercedes-Benz Vito
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Competitive Analysis:
Car ventures are moving in a quick pace to accomplish their business objectives
and targets. Mercedes is utilizing most recent innovation in their vehicles that
will make the drivers calm while driving.
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their different items and advancements utilized, Volvo is one of the top
contenders for Mercedes.
Expansion Plan:
Mercedes-Benz India intends to grow its seller arrange for new just as trade-in
vehicles to all the more little urban areas and towns, which are extravagance
vehicle maker expects will contribute much as 40% to its business volume.
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Pestle Analysis:
Political:
Taxation system would be the one of the major factors that affects
Mercedes in India.The import duty tax was charged from 140% to 300 %
calculated based on Car’s cost, insurance.
Government polices would be other major factor, foreign firms can
manufacture luxary cars locally on 31st December, 2015. The major
advantage for Mercedes in India.
Confusion around BS-VI norms by Government.
Formulation of appropriate auto fuel policy to ensure availability of
adequate amount of fuel to meet emission norms.
Economic:
Social:
Change of people’s trends and life style time to time, Company had
more advantage with this.
Growth in Urbanization, But this may disappoint company as urban
people cant afford to buy these luxury cars.
Preference of small and compact cars, Mostly Indians chose for small
and compact cars.
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Preference for fuel efficient cars with low running costs.
Technology:
More and more emphasis is being laid on R&D activities carried out by
Mercedes-Benz in India.
Government of India is promoting National Automotive testing and R&D
infrastructure project to support and growth of companies.
Internet makes it easy to collect and analyse customers feedback.
Environmental:
Infrastructure such as roads and brides affect the use of luxury cars like
Mercedes-Benz in India.
Increasing number of vehicles on road is also affect the use of luxury
cars.
Legal:
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Recent news regarding Mercedes in India:
Mercedes-Benz India intends to grow its vendor organize for new just as
trade-in vehicles to all the more little urban communities and towns,
News showed on Economic occasions on twelfth September, 2019.
Conclusion:
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References:
https://en.wikipedia.org/wiki/Mercedes-Benz_India
https://www.mercedes-benz.co.in/passengercars.html
https://www.carwale.com/mercedesbenz-cars/
https://economictimes.indiatimes.com/industry/auto/revival-just-around-the-corner-
mercedes-benz/articleshow/71001971.cms
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