Luxury carmakers Mercedes, Audi, BMW expect robust sales in festive season ...Middle East

Luxury carmakers Mercedes-Benz, Audi and BMW are eyeing robust sales during the festive period this year with demand for high-end cars continuing to see an upward trend in India. In an interaction with PTI, Mercedes-Benz India MD and CEO Santosh Iyer said the luxury car segment is set for its best-ever performance this year with festive season offtakes playing a major role in the overall performance. He noted that the festive season generally gives high double-digit sales growth, helping the automaker to average out single-digit growth of the earlier quarter. "So in that sense, on an average, then we are able to get a double-digit growth during the festive season," Iyer stated. Elaborating o

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