Saturday, 8 July 2017

Mercedes-Benz Records its Best Ever Q2 Selling 3521 Units in April-June 2017 Period

By 121 News

Chandigarh 08th July:- India's largest luxury car brand Mercedes-Benz today, created yet another sales record by registering its best ever June, Q2 and half-yearly sales, buoyed by reviving positive customer sentiments and an attractive product portfolio. Continuing its growth momentum from Q1 2017, Mercedes-Benz India registered a strong 18% growth by selling 3521 units in the April- June 2017 period. This sales growth also marks the brand's highest ever half-yearly (H1) volumes at 7171 units, up by 8.7% (January-June 2016: 6597 units). The strong sales performance in Q2 2017, firmly underscores the continuous customer preference for a Mercedes-Benz vehicle in the Indian market, which is also a result of a sustained and focused customer centric approach implemented by the brand.

Roland Folger, Managing Director & CEO, Mercedes-Benz India commented that we continue our leadership position in the Indian luxury car market. Having set the sales momentum in Q1 2017, we are glad to better ourselves with an impressive Q2 sales performance, which grew by a robust 18%. This sales performance further strengthens our customer centric strategy, which is bearing fruit. We are confident of our leadership in the market by sustaining this growth story in the remaining quarters as well. The demand for the Long Wheelbase E-Class in particular has contributed immensely to our volumes. It is most satisfying to witness that our product introductions were highly appreciated by customers leading to a steady growth across the NGCs, sedans, SUVs and the performance cars.

This strong sales growth is aided by the most comprehensive and youngest product portfolio comprising the New Generation Cars, the sedans, the SUVs and the AMG performance cars. The 'World Luxury Car of the Year', the E-Class sedan continued its sales success and remained the highest single selling model for the brand in January-June 2017 period. The launch of the Long Wheelbase E 220 d also enabled Mercedes-Benz to cater to the increasing demand of this segment benchmark luxury business sedan. Similarly, the C-Class and the S-Class continue to remain on top of customer preference.

The luxury SUV segment comprising the GLA, GLC, GLE and the GLS grew strongly and recorded a robust 31% growth in the January-June 2017 period. The GLC remained the highest selling SUV in Mercedes-Benz's portfolio in H1 2017, closely followed by the GLE, GLA and the GLS.

The successful run of the New Generation Cars, in particular the CLA and the GLA continues across markets and added new young customers to the brand's increasing customer base. The launch of the new GLA is expected to drive the demand of this SUV even further in the remaining quarters of the year. The dream cars and the high performance AMG models also sustained their growth momentum in the performance segment and achieved steady year on year growth.

Roland Folger elaborated that Mercedes-Benz India is on the right track with its long term objective of achieving a sustained and profitable growth for our business here. Our continued sales success, firmly underscores the acceptance of our go to customer approach, which provides us with a competitive edge and a proven brand premium, in the Indian luxury car industry. Mercedes-Benz remains distinct in terms of offering continuous product innovations, having the largest luxury car production facility, extending a continuously innovative and enriching after-sales experience and also strengthening our extensive network footprint. With some of the most awaited products in the pipeline for the remaining two quarters, coupled with the market availability of the long wheelbase E 220 d and the new GLA, the remaining two quarters will be exciting for the customers and the brand.