Mercedes-Benz India sees accelerated growth in top-end car sales ...Middle East

Economy by : (Business Standard) -
Mercedes-Benz India has said it is witnessing an accelerated growth in sales of its top-end cars priced above Rs 1 crore, having sold 68 per cent more such vehicles in the first nine months of 2022. According to the company's Vice President - Sales and Marketing - Santosh Iyer, the company, which sold 11,469 units in the January-September period this year surpassing what it sold in the whole of 2021, has seen 30 per cent of its sales coming from its top-end vehicles. Mercedes-Benz India had sold a total of 11,242 units in 2021. "If I look at it internally, we are seeing 68 per cent growth in our TEV segment, which is our top-end luxury segment, compared to the overall growth of 28 per cent.

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