Mercedes Benz India has announced that it has recorded a growth of 26 percent in Q1 2022 against the same quarter last year in the country. The company sold 4022 cars during this period in the Indian market. Mercedes Benz E-Class LWB continued to be the highest-selling model, followed by the A-Class Limousine and S-Class. The GLC emerged as the highest-selling SUV in Q1 2022, followed by the GLA, GLE and GLS SUVs. The AMG and Super Luxury Cars portfolio grew by 35 percent confirming strong customer preference for the segment
Martin Schwenk, Managing Director & CEO, Mercedes-Benz India commented, “We are excited with our sales performance achieved in Q1 2022, laying a strong foundation for a long-term sales recovery. This achievement becomes important in the context of continued intense headwinds like semiconductor shortage, global supply chain disruptions and rising input costs. The Q1 performance firmly reiterates customers’ clear preference for luxury experience offered by Mercedes-Benz and the brand’s leadership position in the Indian luxury market. The overwhelming customer response can also be attributed to a fine combination of our superior product portfolio and an enhanced retail experience implemented through ROTF, which offers full transparency on price and offers a seamless omnichannel experience. We will continue exciting the market with introduction of most desirable products and superior luxury experience in retail, in Q2.”
“With the highest order bank in our history, we are confident of continuing this growth momentum in the coming months. However, we sincerely regret the delays in the deliveries to our customers, due to the ongoing challenges in the global supply chain. Our top priority remains to deliver our customers their cherished Mercedes-Benz at the earliest, and strive to reduce the waiting period significantly.” added Mr. Schwenk. The Q1 sales growth is also achieved against the backdrop of continuing semiconductor shortage, global supply chain challenges and increasing operating cost for the company.
Mercedes-Benz ended Q1 2022 with a highest-ever order bank of 4000+ units as it strives to produce more cars and reduce the current waiting list for its products. Below is the general waiting period for Mercedes Benz cars and SUVs in India:
A-Class Limousine: 2-3 months | E-Class: 2-3 months | S-Class: 3-4 months | S-Class Maybach S 580: 4-5 months
GLA: 4-5 months | GLC: 1-2 months | GLE: 4 months | GLS: 8-11 months
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