On Wednesday, Mumbai, Apr 10(UNI) Luxury vehicle Mercedes-Benz announced that it offered 3885 gadgets between January-March 2019. The business enterprise clocked a solid Q1 2019, although it maintains 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 despite going through robust macro-monetary headwinds. Mercedes-Benz 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 year 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 several of the most interesting product introductions, novel purchaser-oriented initiatives, market growth, and digitization efforts covered up in the 2nd half of the year, we’re confident of preserving our clients and logo fans delighted’.
The extent drivers for Mercedes-Benz India in January-March 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 supports its income fulfillment, and the ‘Luxury MPV’ is in a ready period in maximum markets. However, the AMG and the Dream Cars phase remained the best-growing segment for Mercedes-Benz in Q1 2019, with a more than 50 pc boom compared to Q1 2018.
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