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Mercedes-Benz V-Class Elite Launched in India: Priced at Rs 1.10 Crore

This year we crossed sales of 10,000 cars early October

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Mercedes, India, Sales
Speaking to reporters after thge event, Schwenk said: During the festival season we delivered 800 units. Pixabay

The sales trend for luxury car maker Mercedes-Benz India is positive in this segment, and from second half of the next calendar year, the turbulence caused by migration from BS IV to BS VI emission norms would settle down, a top company official said on Thursday.

The comments were made by Mercedes-Benz India Managing Director and CEO Martin Schwenk, who was here to launch the comnpany’s Rs 1.10 crore luxury multi-purpose vehicle (MPV) V-Class Elite.

Speaking to reporters after thge event, Schwenk said: “During the festival season we delivered 800 units. This year we crossed sales of 10,000 cars early October. We sold 11,789 units during the first nine months of 2018. Last calendar year we sold 15,338 units.”

According to him, sales during the fourth quarter of the current year will be in line with the sales logged during the corresponding period in 2018.

Mercedes, India, Sales
The comments were made by Mercedes-Benz India Managing Director and CEO Martin Schwenk, who was here to launch the comnpany’s Rs 1.10 crore luxury multi-purpose vehicle (MPV) V-Class Elite. Pixabay

He said the luxury car market might have de-grown by 15 per cent in 2019 as compared to 2018.

Schwenk also said that the purchase of BS IV emission compliant vehicles ahead of April 2020, when such vehicles would be marketed, is not expected to happen.

He said Mercedes-Benz India will stop rolling out of BS IV vehicles by the end of this year, and from January 2020 onwards the company will roll out BS VI cars.

According to him, early in 2019 the company took decisions on managing inventories, profitability of the dealers and other aspects of the business to manage the downturn.

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Speaking about the company’s new offering V-Class Elite, Schwenk said the MPV is powered by a 1950cc diesel engine and has features like luxury seats with massaging function and climate control, centre console with refrigerated compartment, Burmester surround sound system with 15 speakers giving an output of 640 W and other optional features.

The Spain-made car is imported to India.

He said the company will showcase a broad range of modes at the upcoming Auto Expo to be held in Delhi. (IANS)

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Social Video app TikTok Reaches 1.5 Billion Downloads Worldwide

To recall, TikTok crossed the 1 billion downloads milestone in February 2019, taking just under nine months to generate a further 500 million installs

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TikTok
The logo of the TikTok application is seen on a screen in this picture illustration taken Feb. 21, 2019. VOA

Social video app TikTok has reached 1.5 billion downloads worldwide on the App Store as well as Google Play and India leads the chart with 466.8 million or about 31 per cent of all unique installs.

In 2019, the app accumulated 614 million downloads — six per cent more than it had last year, reported mobile intelligence firm Sensor Tower.

India has been a fast adoptor in 2019, driving up 277.6 million downloads so far this year, or roughly 45 per cent of all global installs.

China generated the second largest amount of downloads with 45.5 million, or 7.4 percent, while the US is No 3 with 37.6 million installs, or about 6 per cent, this year.

tiktok
TikTok has over 54 million monthly active users (MAUs) in India. Pixabay

The figure does not include installs from third-party Android stores in the country, said Sensor Tower.

TikTok with 614 million downloads currently is the third-most downloaded non-gaming app of the year, behind WhatsApp at the top with 707.4 million installs and Facebook Messenger at second spot with 636.2 million.

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Facebook is fourth with 587 million downloads and Instagram at fifth spot with 376.2 million.

To recall, TikTok crossed the 1 billion downloads milestone in February 2019, taking just under nine months to generate a further 500 million installs. (IANS)