Business Standard

Will launch 10 vehicles this year: Mercedes-Benz India CEO Santosh Iyer

'And a majority will be in the top-end vehicle range', says Santosh Iyer

Santosh Iyer, MD, CEO, Mercedes Benz India
Premium

Santosh Iyer, MD, CEO, Mercedes Benz India

Sohini Das Mumbai

Listen to This Article

Mercedes-Benz India has posted strong sales in the first three months of calendar year 2023. It has taken two price hikes and has been launching new products, including the SL 55 AMG on Thursday. SANTOSH IYER, managing director and chief executive officer, Mercedes-Benz India, in an interview with Sohini Das in Mumbai, says demand has forced the automotive major to ask for more completely built unit (CBU) allocation from Germany. Edited excerpts:

After strong first-quarter sales, what is the expectation for the half-yearly numbers?

In the first quarter (January–March), we posted record sales (4,697 units), clocking 17 per cent growth,

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in