Mercedes Regains Luxury Crown in India
Daimler AG's Mercedes-Benz brand outsold rival Audi in January-February to regain leadership in the country's luxury-car segment, The Economics Times reports.
#economics
Daimler AG's Mercedes-Benz brand outsold rival Audi in January-February to regain leadership in the country's luxury-car segment, The Economics Times reports.
Mercedes volume surged 40% to nearly 3,600 units in the period compared with 3,200 for Audi. BMW AG, which does not report sales figures for India, sold an estimated 1,500 vehicles.
The newspaper notes that Mercedes lost the top position to BMW in 2009, and BMW was surpassed by Audi in 2012. For years those three brands have controlled almost 90% of India's luxury-car sales.
RELATED CONTENT
-
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.
-
Ford’s $42 Billion Cash Cow
F-Series pickups generate about 30% of the carmaker’s revenue. The tally is about twice as much as what McDonald’s pulls in.
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.