Bengaluru: Upcoming free trade agreements (FTAs) will boost consumer demand through lower prices and help Mercedes-Benz India sell more cars, said Santosh Iyer, CEO of the luxury vehicle maker.“Free trade agreements will give India access to different markets… That effect should help boost overall demand and consumer sentiment, which will help us sell more cars. […]
Luxury cars have missed out on India’s 2025 passenger car boom, with sales growth slowing to the weakest pace since the pandemic, amid geopolitical uncertainties, volatile stock markets and cost pressures due to a weakening rupee.According to industry estimates, sales of luxury vehicles – priced above ₹50 lakh – will rise only 1.6% year-on-year to […]