Mercedes Benz India, the luxury car market leader is seeing a strong demand for its models signaling a revival in the luxury car segment. “We saw V-shape recovery after the first wave, it’s even stronger this time. Our monthly numbers have now reached the Pre-Covid levels. The order intake is equivalent to FY19,” said Martin Schwenk Managing Director and CEO.
Amid a strong demand pull and supply side constraints that have risen due to the shortage of semiconductors, Mercedes like many other global and Indian carmakers is struggling to align demand with supply. “There is stress in the system. While