Maybach New Cars in India
Maybach-Motorenbau GmbH is a German luxury car manufacturer. The company was founded in 1909 by Wilhelm Maybach and his son, originally a subsidiary of Luftschiffbau Zeppelin GmbH and was itself known as Luftfahrzeug-Motorenbau GmbH until 1912. Today, the luxury car brand is owned by Daimler AG and based in Stuttgart. Tognum AG based in Friedrichshafen manufactures the commercial Maybach diesel engines under the MTU brand through its subsidiary MTU Friedrichshafen GmbH. Daimler announced in November 2011 that Maybach will cease to be a brand by 2013. This is due to poor sales, Maybach have only sold 3,000 cars since their revival in 2002. The decision follows almost a decade of trying to make Maybach a profitable rival to Rolls Royce and Bentley.
Click on any new Maybach India model name for detailed information, pictures, specs and reviews.
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Maybach New Cars - User Reviews
highly satisfied with the car performance. Using it for quite some time, no issues. maintenance is satisfactory.
Maybach Car in News
It hasn't been the best of years for the Indian auto industry. Data compiled by the Society of Indian Autmobile Manufacturers (SIAM) shows that over the past 12 months, production has grown by just 1.2 %, from April 2012 till March 2013. The industry produced 1,685,355 vehicles in March 2013 as against 1,845,868 in March 2012, which declined by (-) 8.70 percent.
The Society of Indian Automotive Manufacturers (SIAM) has released a White Paper today, strongly opposing the proposed Free Trade Agreement (FTA) with the European Union. The proposed India-EU FTA seeks to curb and eventually cease import duties on completely built-up (CBU) vehicles imported into India from the European Region. SIAM’s contention is that such a move will adversely impact domestic car manufacturers.
The car price hike post-budget and rising interest rates have taken a heavy toll on passenger car sales in India.
Car prices are set to rise in India, after a 2 % hike in basic excise duty from the present 10% to the proposed 12 %. Additionally, excise duty on large cars will also increase from 22% presently to 24%. However, the government has decided against imposing a ‘diesel tax’, a move which has brought some respite to car-makers in the country.
Car sales in February have been better than expected, especially coming on the back of the depressed sentiment in the market in the last quarter of 2011. Most car-makers have reported better than expected sales, but are cautious before commenting on whether such momentum will be maintained in the coming months.