Mercedes-Benz India’s sales rise 11% in January-September period

Continuing its strong run in the domestic market, high-end carmaker Mercedes-Benz India today revealed that its retail sales increased 11% year-on-year (y-o-y) in the January-September duration of the fiscal year (CY) 2023 on the back of a robust efficiency by essential designs like the C-Class, E-Class, GLC and GLE.

The business offered 12,768 systems throughout the very first 9 months of CY23, signing up a development of 11.33% y-o-y over 11,469 systems offered throughout the year-ago duration.

According to Mercedes-Benz, the development was experienced regardless of supply obstacles, which constrained the accessibility of crucial SUVs like the GLA, GLC and GLS, in the September quarter.

The need for top-end lorries (TEVs), consisting of GLS, S-Class, GLS Maybach, S-Class Maybach, AMGs and EQS, stayed high with the sector comprising almost 25% of the overall sales.

“Strong desirability for Mercedes-Benz vehicles buoyed our January-September sales momentum. We were not able to provide as per the complete market capacity, specifically for brand-new items like the GLC; though we are making every effort to satisfy client expectations, in spite of existing supply chain difficulties,” stated Santosh Iyer, Managing Director and CEO, Mercedes-Benz India.

“The TEV sector continues to grow in client choice with approximately 22% development, making up among every 4 Mercedes offered in India. The launch of the EQE SUV has actually likewise achieved success, offering a fillip to our electrical offering,” he included.

The E-Class was the highest-selling design of Mercedes-Benz in India in the January-September duration. There was a “really high need” for the freshly introduced GLC in spite of international supply restrictions for the design, according to the carmaker.

“We are thrilled that Mercedes-Benz stays the most preferable high-end brand name in India, and we are doing whatever possible to satisfy our clients’ expectations and dreams,” observed Iyer.