Automobile giant Mercedes-Benz Q1 sale at 3885 units

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Mumbai, Apr 10(UNI) Luxury vehicle important Mercedes-Benz on Wednesday announced that it offered 3885 gadgets within the length of January-March 2019.
The business enterprise clocked a solid Q1 2019 although it maintains to stand strong macro-monetary headwinds in the shape of rising hobby fees, inflationary hikes, liquidity crunch, rising import charges, etc.
Martin Schwenk, Managing Director & CEO, Mercedes-Benz India commented, ‘We are satisfied with our sustained income performance in spite of going through robust macro-monetary headwinds. Mercedes-Benz,
but, is worked up to maintain its clients’ loyalty and preserve the marketplace leadership. Also as a fundamentally sturdy emblem, we continue to be bullish on the mid to long term prospect of the dynamic Indian marketplace, which we believe has great potential to develop.’
‘On our twenty-fifth yr in India, we can continue to put money into new merchandise and technologies, in retail network and digitization, to hold ourselves destiny geared up for the foreseeable transition in the automobile segment. With a number of the most interesting product introductions, novel purchaser oriented initiatives, market growth
and digitization efforts covered up in the 2nd half of-of the yr, we’re confident of preserving our clients and logo fans delighted’.
The extent drivers for Mercedes-Benz India inside the January-March duration 2019 remained the Long Wheelbase E-Class Saloon because it keeps its fulfillment run within the Indian market. The new C-Class and the GLC SUV also contributed to the sales volume. The V-Class keeps its income fulfillment and the ‘Luxury MPV’ is on a ready
period in maximum markets. The AMG and the Dream Cars phase, however, remained the very best growing segment for Mercedes-Benz in Q1 2019, with extra than 50 pc boom in comparison to Q1 2018.

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