India’s largest luxury car brand Mercedes-Benz continued its leadership position in the Indian luxury car segment for the fifth year in a row, by achieving sales growth in Q4 2019, setting the momentum for 2020. The company recorded its highest ever Q4 selling 3871 units, thus registering a 3.3% y-o-y growth for Q4, and was able to achieve sales growth in a challenging market. Amidst strong macro-economic headwinds, Mercedes-Benz India sales volumes in Q4 also grew by 15.41% from Q3 2019 and the overall sales volume remained at 13,786 units from January-December 2019.
Key Highlights –
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2014 The Global Indian New Network (TGINN)