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German luxury car maker Mercedes-Benz on Tuesday reported record sales in India at 4,697 units during the first quarter of 2023, a 17 per cent growth over the year-ago period, with its top end vehicles priced above Rs 1 crore seeing accelerated growth. Mercedes-Benz India, which had sold 4,022 units in the same quarter last year, launched its hybrid AMG GT 63 S E Performance model with price starting at Rs 3.3 crore (ex-showroom Delhi) as part of its strategy to accelerate sales of top end vehicles (TEVs). For the fiscal ended March 31, 2022, the company posted its highest-ever sales at 16,497 units as against 12,071 units in 2021-22, a growth of 37 per cent. "Overall, our growth story continues with a record quarter and a record fiscal year...Double digit growth continues for us in 2023," Mercedes-Benz India Managing Director & CEO Santosh Iyer told PTI. He said, "When I look at the composition, the top end vehicles (TEVs) actually showed more than 100 per cent growth in quarter
German premium car maker Mercedes-Benz on Thursday rolled out the new locally-produced S-Class from its Chakan facility in Pune at price starting from Rs 1.57 crore.
The new Mercedes-Benz S-Class has undergone some cosmetic changes, but it's under the hood where a massive overhaul has taken place