Mercedes Benz India reports 58% growth in sales

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SummaryMercedes Benz India has reported a 58% year-on-year growth in its sales during the three-month period ended September.

Mercedes Benz India has reported a 58% year-on-year growth in its sales during the three-month period ended September. The German luxury car maker posted its highest ever sales in September which stood at 1,011 units, against 654 units last year.

For the period July-September 2013, the company sold 2,696 units, against 1,703 units same time last year.

Mercedes-Benz India managing director & CEO Eberhard Kern said: “Our year of offensive strategy yielded satisfactory result as we continue to improve our performance with each quarter, amid one of the toughest market situations faced by the industry. We are confident of maintaining this positive momentum for the remaining quarter and achieve our targeted growth for 2013.”

We are confident of maintaining this positive momentum for the remaining quarter and achieve our targeted growth for 2013, he said. Due to supply constraints, the company continues to have waiting period on models like the ML Class, GL Class, along with the A Class and B Class, Kern said.

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