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German luxury car maker Mercedes-Benz on Tuesday reported record sales in India at 4,697 units during the first quarter of 2023, a 17 per cent growth over the year-ago period, with its top end vehicles priced above Rs 1 crore seeing accelerated growth. Mercedes-Benz India, which had sold 4,022 units in the same quarter last year, launched its hybrid AMG GT 63 S E Performance model with price starting at Rs 3.3 crore (ex-showroom Delhi) as part of its strategy to accelerate sales of top end vehicles (TEVs). For the fiscal ended March 31, 2022, the company posted its highest-ever sales at 16,497 units as against 12,071 units in 2021-22, a growth of 37 per cent. "Overall, our growth story continues with a record quarter and a record fiscal year...Double digit growth continues for us in 2023," Mercedes-Benz India Managing Director & CEO Santosh Iyer told PTI. He said, "When I look at the composition, the top end vehicles (TEVs) actually showed more than 100 per cent growth in quarter
German luxury carmaker Mercedes-Benz on Monday launched its all-new performance car 'AMG GLE 63 S 4MATIC+ Coupe' priced at Rs 2.07 crore (ex-showroom all India). The model is powered by a 4-litre engine, which produces a power of 612 hp. It is the 12th model available in India from the AMG performance car range of the company, Mercedes-Benz India said in a statement. Commenting on the launch, Mercedes-Benz India Managing Director & CEO Martin Schwenk said, "AMG portfolio remains the fastest-growing segment for us and the launch of the 'AMG GLE 63 S 4MATIC+ Coupe' reinforces our strong presence in the luxury performance segment". The model is also equipped with a 48-volt hybrid system that produces an additional 22 hp of output. The all-wheel-drive vehicle is capable of accelerating from 0-100 km/hr in just 3.8 seconds and can reach a top speed of 280 km/hr, the company said. It has safety features like airbags all around the cabin, blind spot assist, active brake assist, 3-stage .