Mercedes-Benz India announced its sales achievement for the period from January- December, 2012.
During the period, Mercedes-Benz India has sold 7138 units of cars as wholesale(Wholesale refers to no. of unit sold by manufacturer (MBIL) to its dealer partners).
Mercedes-Benz India achieved segment benchmark in terms of overall sales in luxury cars in India (The range of cars priced upwards Rs 30 Lakhs).
The new M-Class SUV launched in India in May-2012 has been a runaway success and is booked until May-2013. The B-Class pioneered the Sports Tourer category in India and is also booked until February 2013. The S-Class which epitomizes luxury motoring continues to remain the overwhelming leader in its segment.
Mercedes-Benz India has pursued its aggressive network expansion strategy in 2012. With opening of 6 new touchpoints in Tier II & III cities, Mercedes-Benz India now is present in 31 cities with 72 touchpoints and has the densest network among all luxury car manufacturers in India.
Eberhard Kern, Managing Director & CEO, Mercedes-Benz India commented, " Our sales performance has been overall in line with expectations. At the same time we have managed to retain our profitability and premium in 2012. 2013 would be an exciting year for us. We will continue to delight our customers through an array of fascinating products, engagements and experiences."
India Infoline News Service / 09:04, Jan 22, 2015
The outlook is a flat start. The market will look to scale to new peaks though not much effort is needed for the same. HUL saw a rally and short-covering may have pulled it up further. Speculation is on that its parent will raise stake through an open offer. After the cooling in oil prices, Cairn results will be in focus.