Mercedes Expects Best Festive Season

The recent GST rate cut is likely to make the upcoming festive season the 'best-ever' for the luxury carmaker, but there is a need to cap road taxes levied by states on car purchases for long-term growth of the industry, Mercedes-Benz India managing director and chief executive officer Santosh Iyer said.

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In an interaction with PTI here, Iyer noted that to help cost reduction measures trickle down to the end customer, some uniformity is requir