Mercedes Benz India: Luxury car sales in India surge to record high, up 20% YoY

Mercedes Benz India: Luxury car sales in India surge to record high, up 20% YoY

Luxury car sales in India scaled a record high of 42,731 units in 2023, up 20% year-on-year. Carmakers attributed the pickup in sales to a lifestyle change after Covid-19, making many younger professionals opt for high-end cars, and said the trend is expected to continue, citing rising disposable income levels. The growth potential of this … Read more

Mercedes Benz India: Mercedes-Benz to invest Rs 200 cr in India in 2024, to launch a dozen new cars

Mercedes Benz India: Mercedes-Benz to invest Rs 200 cr in India in 2024, to launch a dozen new cars

German luxury carmaker Mercedes-Benz is set to invest Rs 200 crore in India in 2024 and is gearing up to introduce more than a dozen new cars, including EVs this year. In 2024, Mercedes-Benz India is planning to introduce over 12 new vehicles, encompassing three electric models. Approximately half of these launches will fall within … Read more