In the first nine months of 2023, the company sold slightly under 13,000 vehicles in India.
Mercedes-Benz has enjoyed consistent growth in the Indian market for its Top-End Vehicles (TEVs) in recent years. The category, which includes the GLS, S-Class, S-Class Maybach, GLS Maybach, and G-Class, grew by 54% in the first half of 2023, with the most recent figures placing sales growth at 22% (January to September 2023). In addition, Santosh Iyer, MD & CEO, of Mercedes-Benz India, announced that the recently released AMG G 63 Grand Edition was sold out within minutes of orders opening.
He told reporters at the India launch of the Vision Mercedes-Maybach 6 Concept that all 25 units of the Rs 4 crore (ex-showroom) luxury SUV had been sold out in 6 minutes. The whole cost of the SUV, including registration and taxes, exceeds Rs 5 crore.
Iyer went on to say that the automaker has received requests from over 90 consumers to introduce more special edition G-Class models to India.
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The company is witnessing significant demand for its TEV lineup, which has grown by 22% year on year.
Mercedes reported that as of the end of September, it has sold 12,768 cars in the Indian market this calendar year. This represented an 11% increase in revenues over 2022, putting the firm on track to perhaps outperform its sales performance in CY2022. Last year, the company sold 15,822 units across the country.
Mercedes stated that out of the 12,768 units sold, its TEV models accounted for 25% of sales. According to the company, there is a significant demand for the GLS, S-Class (both regular and Maybach variants), AMGs, and GLE in the TEV market. However, the automaker acknowledged that certain of its models, including the GLS and the new GLC, were experiencing supply chain issues.
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