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- Sales of luxury vehicles in India rose by 40 percent to around 25,000 units last year. Even on a low base of 2020, Mercedes-Benz saw sales rise by 42.5 percent to 11,242 units in 2021, retaining its leadership position in the country’s luxury car segment for the seventh straight year. At its peak, the auto manufacturer sold about 40,000 luxury vehicles in 2018. Plans are underway for Mercedes-Benz to launch 10 new products in India this year. - Source: Internet
- During the April-June 2022 period, the German luxury car maker Mercedes-Benz India reported its highest-ever second quarter sales in the country at over 6,000 units driven by new product launches and sustained demand for existing vehicles. For the first six months of this year, the company saw retail sales rise by 56 percent to a record 7,573 units. Mercedes-Benz cautioned that supply shortages continue to cause production delays and shortfalls. The company’s record sales of the April-June 2022 quarter were achieved despite continuing global supply side constraints causing longer waiting periods and continuous increase in operating costs. - Source: Internet
- Keeping in mind the future, the company will on Friday roll out the locally produced electric luxury car EQS [from its plant in Chakan] which will be priced lower than the imported version. “We believe this car will sell more so we have decided to go for local production. With this we will start the journey for replacing ICE vehicles with electric,” he said. - Source: Internet
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