Mercedes to locally assemble Maybach S500 at Pune plant

Mercedes to locally assemble Maybach S500 at Pune plant

FPJ BureauUpdated: Friday, May 31, 2019, 10:15 PM IST
article-image

Pune : Giving a thrust to local manufacturing of luxury cars, automaker Mercedes-Benz rolled out the Maybach S500 sedan from its plant here, making the facility on the outskirts of the city only the second outside Germany to produce the car.

Apart from the locally manufactured Maybach S500, which will sell for Rs 1.67 crore, the German car major also introduced the imported Maybach S600 in the domestic market, which comes with a price tag of Rs 2.6 crore.

Both prices are ex-showroom, Pune. Mercedes-Benz India’s outgoing chief Eberhard Kern said the Maybach S500, at Rs 1.67 crore, is the costliest locally assembled car in the country.

On the choice of Pune over other markets to locally assemble the Maybach, Kern said “this shows the amount of trust the group has in the ability of Indian management and engineers for making most luxury sedans. “This will definitely give a big push to the government’s ‘Make in India’ initiative. It also shows the proven prowess of India in manufacturing world class products.”

RECENT STORIES

Holy Cities Like Ayodhya, Varanasi Attracting Big Retail Brands: Report

Holy Cities Like Ayodhya, Varanasi Attracting Big Retail Brands: Report

A Big Relief For Byjus's: NCLT Rejects Investor Plea To Stay Byju's Rights Issue EGM On March 29...

A Big Relief For Byjus's: NCLT Rejects Investor Plea To Stay Byju's Rights Issue EGM On March 29...

Your Chocolates To Get Costly As Cocoa Price Surges To ₹8,33,892 Per Ton

Your Chocolates To Get Costly As Cocoa Price Surges To ₹8,33,892 Per Ton

Level Unlocked: Coal India Attains Annual Target, Scales 610.8-MT Supply

Level Unlocked: Coal India Attains Annual Target, Scales 610.8-MT Supply

Fiscal Year 2024 Farewell: Sensex At 73,635.48 & Nifty Above 22,300 As Markets End In Green;...

Fiscal Year 2024 Farewell: Sensex At 73,635.48 & Nifty Above 22,300 As Markets End In Green;...