German luxury carmaker Mercedes posts record sales in India in 2022

With this, Mercedes retained its leadership position in the country’s luxury car segment, for the eighth consecutive year.

Published: 07th January 2023 07:46 AM  |   Last Updated: 07th January 2023 07:46 AM   |  A+A-

Image used for representational purpose only. (Photo | www.mercedes-benz.co.in)

By Express News Service

NEW DELHI: Country’s largest luxury car maker Mercedes-Benz touched a new peak in calendar year 2022 as the German marquee brand delivered 15, 822 new cars to customers in January-December 2022 period, registering a strong 41% YoY sales growth.

With this, Mercedes retained its leadership position in the country’s luxury car segment, for the eighth consecutive year. Mercedes is followed by another German brand - BMW - which in 2021 also posted its highest-ever annual customer deliveries in its history. BMW sold 11,981 cars and 7,282 motorcycles in CY2022.To maintain lead, Merc will launch 10 cars in 2023 and a majority of them would be in the top-end category (priced more than Rs 1 crore).

“The biggest growth for us in last year has come from the TEV (top-end vehicle) segment, where we have grown by 69%... We have sold more than 3,500 cars only in TEVs in 2022... that’s a lot of cars in the Rs 1-crore-plus segment,” said MD & CEO of Mercedes-Benz India Santosh Iyer.


India Matters

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp