Mumbai: Mercedes Benz India Pvt. The local assembly makes the models cheaper by Rs.3 lakh to 5 lakh as compared to the fully imported ones. Also Read: Mercedes EQ brand plans 10 electric cars to take on TeslaFolger expects the luxury car sales market in India to end the current year with similar volumes as last year. A total of 35,680 units were sold in India in 2015 against 33,818 units a year ago, according to I.H.S Markit, a market research firm. Mercedes sold 13,558 units in India in 2015-16, 21% more than a year ago.

Source: Mint September 29, 2016 16:30 UTC