Mercedes-Benz India freezes further investments over diesel uncertainty

Decisions being postponed rather than completely cancelled

Mercedes-Benz has said it has put all investment plans for India on hold over regulatory uncertainty over diesel fuel. A Business Today report cited the company's India head Roland Folger as saying that the automaker is reviewing the situation but will only commit fresh funds after getting clarity on the issue. The executive was speaking at the regional launch of the GLS sport utility vehicle (SUV). "Most of the decisions are being postponed rather than completely cancelled. If the ban continues, then certainly cancellations will come into play. Things could have been better with some clarity over the issue, but as a responsible carmaker we are adhering to all the mandated norms and wait is also on the diesel issue," said the executive.