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Mercedes-Benz India sales volumes grows by 1.4%

Pune |Wednesday, 2019 11:15:05 PM IST
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Luxury car maker Mercedes-Benz India's 2018 sales volumes inched up by 1.4 per cent amidst strong macro-economic headwinds in the second half of the year.

According to the firm, sales increased to 15,538 units between January and December, 2018 from an off-take of 15,330 units in the corresponding period of 2017.

"We are satisfied with our sales performance in 2018 despite facing strong macro-economic headwinds in H2, resulting in low consumer sentiment that posed significant sales challenges," said Martin Schwenk, Managing Director and CEO, Mercedes-Benz India.

"We however made a strong comeback in the Q4 period and were able to achieve a year-on-year growth."

--IANS ravi-rv/prs

( 116 Words)

2019-01-09-22:48:07 (IANS)