Automobiles

Mercedes Benz Steadily Climbs Up The Overall Car Market

न्यूज़ वर्ल्ड इंडिया | 0
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| July 10 , 2017 , 19:41 IST

Mercedes Benz is a car that every car lover dreams of owning and in our country Mercedes is already leading the luxury car segment. Now it seems that Mercedes is slowly rising up the normal car market as well as it has surpassed brands such as Fiat, Nissan and Chevrolet, which offer much cheaper, including entry-level, cars here.

Mercedes is just behind Skoda as it is at the 12th spot. In terms of revenue, with close to a billion dollars a year, Mercedes-Benz is probably better off than more foreign companies that produce mass-market cars in India, such as Renault, Ford and Volkswagen. It is a profitable business as well.

Also Read: Mercedes-Benz launches luxury sedan CLA-Class

Benz has sold close to 7,200 cars in the first six months of 2017 which is 9% more than last year as Mercedes released this data. Nissan was at 6,900 cars whereas Chevrolet was at 6,579.

“There was no disruption in demand due to benefits extended to the customers in June; they know we live up to our promise. With the price benefit given by the government (under GST), our growth will be stronger,” Michael Jopp, vice-president of sales and marketing at Mercedes-Benz India, told ET. The company’s goal, he said, is to grow by double digits.