Undoubtedly, small cars are becoming popular day to day.
According to a senior executive of Mercedes Benz, the global auto giant Mercedes is planning to develop small cars for Indian market. According to Jarosch, this car development requires huge investment nearly 1 billion Euro.
According to carblogindia.com, in an recent interview, Mercedes Benz India Managing Director & CEO Peter Honegg said He added,
The company’s R&D center at
is likely to work for that small car project. Bangalore
The small car which is under project to come to the market is expected to come with a price of Rs. 4-8 lakh.