Mercedes-Benz posts record half-yearly sales in India, up 12.4%

Press Trust of India  |  New Delhi 

German today reported 12.4 per cent increase in its half-yearly sales in at 8,061 units strengthening its leadership position.

In the January-June period last year the company had sold 7,171 units, said in a statement.

The sales growth also marks the brand's highest ever half-yearly volumes in India, it added.

said, "Our sales performance is in line with our expectation despite last year's extraordinary demand in Q2, owing to the anticipation of GST implementation."

The strong sales growth in January-June 2018 is aided by the new generation cars, the sedans, SUVs and the AMG performance cars, the company said.

said its sales grew by 15.9 per cent in the Jan-June 2018 period.

We want to continue our leadership position in the Indian luxury car market, upholding the number one position for the last three years," Folger said.

He further said, "With our wide range of new generation cars, sedans, SUVs and the performance cars, we are confident to continue the drive, we set for ourselves in the first half."

Yesterday, German rival had reported 13 per cent growth in the sales of and MINI brand of cars to 5,171 units during the January-June period ths year.

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

First Published: Fri, July 06 2018. 14:50 IST