Mercedes-Benz India Witnesses Strong Sales In Q1

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Mercedes-Benz India has released sales figures for the first quarter of 2013, which shows positive sales figures against first quarter of 2012. The automaker grew by 5.3 percent, with the E-Class seeing the highest sales, at 800 units. The automaker managed to sell 2009 units in the first three months of this year.

Press Release

Mercedes-Benz India registers strong sales performance in the first quarter of 2013

Total Sales of 2009 units in January -March 2013, which is a 5.3 % growth over corresponding period of 2012

April 1, 2013,Pune -Mercedes-Benz India today announced their first quarter sales result of 2009 units for January to March 2013. The company has recorded a growth of 5.3% over the corresponding period of 2012 (total 1908 units were sold by Mercedes-Benz in the period January till March 2012).

Eberhard Kern, Managing Director and CEO, Mercedes-Benz India commented: "We are very satisfied with the company performance in this quarter. Given the overall strain in the Indian economy and the fact that the Passenger Vehicles market has de-grown by double digitsin Jan-Feb 2013, an incremental 5.3% performance enhancement is encouraging.There are several exciting product launches slated in the next months and riding the wave of these fascinating products, we envisage a double-digit growth in the next quarter."

The E-Class has been the single largest contributor to the sales volumes in January - March 2013 period with more than 800 units sold (increase of about 25% over the corresponding period in 2012) while the Mercedes-Benz Dream Cars (comprising Completely Built imported cars like the AMG range, the SLK-Class and the CLS-Class)have registered highestgrowth (48% increase over the corresponding period in 2012).

(The Sales Volumes indicated in the figures above refer to ‘Retail'sales figures.‘Retail' is a term that indicates the cars sold by dealers to Mercedes-Benz customers in India.)

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