Mercedes Extends Sales Lead in India’s Luxury-Car Market
Daimler AG’s Mercedes-Benz brand hiked sales in India by 12% to 8,100 units in the first half of 2018.
#economics
Daimler AG’s Mercedes-Benz brand hiked sales in India by 12% to 8,100 units in the first half of 2018.
Last year Mercedes sold 11,900 cars and crossover vehicles in India, easily surpassing rivals BMW (9,800 units) and Audi (7,900) in the country’s luxury car market. The company offers an expanding array of cars, SUV/crossover vehicles and AMG performance models.
Mercedes assembles its most popular model in India, the C-Class sedan and its AMG performance variant, at a factory in Chakan. Demand for the brand’s crossovers rose 16% in the first half, led by the compact GLC.
RELATED CONTENT
-
Enterprise Edges into Self-Driving Car Market
U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.
-
On Urban Transport, the Jeep Grand Wagoneer, Lamborghini and more
Why electric pods may be the future of urban transport, the amazing Jeep Grand Wagoneer, Lamborghini is a green pioneer, LMC on capacity utilization, an aluminum study gives the nod to. . .aluminum, and why McLaren is working with TUMI.
-
Mazda, CARB and PSA North America: Car Talk
The Center for Automotive Research (CAR) Management Briefing Seminars, an annual event, was held last week in Traverse City, Michigan.