You are here: Home » Companies » News
Rajasthan's Neemrana town turning into a hub for Japanese industries
Business Standard

Mercedes India clocks highest ever sales of 3,551 units in June quarter

The company had sold 1,664 units in the April-June period of 2021

Mercedes-Benz | Mercedes-Benz India | Auto sales

Press Trust of India  |  New Delhi 

The Mercedes-Benz logo is seen near the Daimler headquarters. Photo: Reuters
Photo: Reuters

India on Monday reported its highest ever second-quarter sales at 3,551 units, registering a 113.5 per cent jump over the year-ago period.

The company had sold 1,664 units in the April-June period of 2021.

The highest ever Q2 sales were achieved on the back of new product launches, sustained demand for existing products and services, and a unique omnichannel customer journey created through the Retail of the Future initiative, India said in a statement.

"This sales record becomes even more significant against the backdrop of continued supply-side challenges, triggered by global developments and also local market challenges," India Managing Director and CEO Martin Schwenk stated.

The company expects the semiconductor shortage to continue in the coming months, he added.

"It remains our endeavour to scale up our production and deliver the cars to the customers and reduce the waiting period. We have a solid order bank of more than 6,000 cars, which makes our market outlook very positive," Schwenk said.

The third quarter will be highly exciting as the company lines up some of the most anticipated Mercedes-Benz models from the global portfolio, for Indian customers, creating a completely new benchmark, he noted.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Mon, July 11 2022. 16:46 IST