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       Mercedes retains top slot in luxury segment in India
 
         Posted on :16:23:53 Oct 6, 2017
   
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       Last edited on:16:23:53 Oct 6, 2017
         Tags: Mercedes retains top slot in luxury segment i
 

NEW DELHI: German luxury car maker Mercedes Benz Friday reported best-ever sales in India for the first nine months this year with 11,869 units, up 19.6 per cent from the year-ago period, retaining the top slot in the luxury segment.

The company had sold 9,924 units in the January- September period of 2016.

The units sold by Mercedes in India in the first nine months of this year are more than the entire 2014 sales.

In the July-September quarter, Mercedes-Benz India sold 4,698 units, a growth of 41 per cent over the same period last year.

BMW India has already reported sales of 7,138 units in the January-September period, a growth of 17.3 per cent over the same period of previous year.

"We firmly continue with our leadership position in the Indian luxury car market by clocking our best ever sales results," Mercedes-Benz India Managing Director and CEO Roland Folger said in a statement.

The unprecedented demand for the long wheelbase E-Class sedan, in particular, has contributed immensely to the company's sales success, he added.

Elaborating on the Mercedes' strong sales during the period under review, Folger said the growth story is a direct result of the company's strong customer-focused strategy, which has been bearing fruit.

"This performance gives us confidence that our strategy is on the right path and our patrons prefer our products and service," he added.

The luxury SUV segment in India grew strongly and recorded a robust growth in January-September this year. The SUV growth was followed by the sedan segment which grew strongly in the period.

"As inventors of automobiles globally and of luxury wheels in India, we remain bullish on the fast-changing dynamics of the Indian automotive industry," Folger said.

"However, it always gives an additional momentum to our growth plans when the policy framework is supportive, given our contribution to the economy," he added.

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       AUTOMOBILE
Next Article: Skoda unveils new SUV Kodiaq
 
 
AUTOMOBILE HEADLINES
Lutyens Motorrad launched as BMW Motorrad Partner in Delhi  
Hyundai rolls out Tucson with 4WD system at Rs 25.19 lakh  
Mercedes retains top slot in luxury segment in India  
Skoda unveils new SUV Kodiaq  
Mercedes launches Edition C priced at Rs 42.54 lakh  
Tata Motors launches compact SUV Nexon at Rs 5.87 lakh  
Renault unveils premium SUV Captur; launch likely before Diwali  
Datsun India launches redi-GO GOLD 1.0L at Rs. 3.69 lakh  
Jeep Compass bookings touch 10,000 mark  
Chinese passenger car now being manufactured in Pak  
Datsun India launches more powerful redi-GO 1.0L  
Ducati launches the all new Scrambler Desert Sled in India  
Hero MotoCorp phases out select models, variants  
Maruti overtakes Infosys, ONGC in market capitalisation  
GM to stop selling cars in India by 2017 end  
India eyes all-electric car fleet by 2030  
Honda Activa now world's largest selling two-wheeler  
Tata Safari Storme replaces Maruti Gypsy in Indian Armed Forces  
Made-in-India Jeep to hit market by June  
Tata Motors launches compact sedan Tigor in Rajasthan  
Maruti, Hyundai clock record yearly sales in 2016-17  
Nissan launches new version of Terrano  
Renault India sales up 26.8% in February at 11,198 units  
Volvo eyes long haul transportation segment in India  
JLR launches Made-in-India Jaguar XF at Rs 47.50 lakh onwards  
 
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