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Mercedes-Benz India sales volumes grows by 1.4%

IANS  |  Pune 

India's 2018 sales volumes inched up by 1.4 per cent amidst strong macro-economic headwinds in the second half of the year.

According to the firm, sales increased to 15,538 units between January and December, 2018 from an off-take of 15,330 units in the corresponding period of 2017.

"We are satisfied with our sales performance in 2018 despite facing strong macro-economic headwinds in H2, resulting in low consumer sentiment that posed significant sales challenges," said Martin Schwenk, Managing Director and CEO, India.

"We however made a strong comeback in the Q4 period and were able to achieve a year-on-year growth."

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, January 09 2019. 22:48 IST
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