+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Mercedes zooms to top spot in Indian luxury car market

Jan 12, 2016, 16:32 IST

Advertisement
After a 6 years gap, Mercedes-Benz has regained its top spot in the Indian luxury car market in 2015. It has left chief rival Audi behind by over 2,300 units. Germany-based BMW came in third.

Mercedes has been doing pretty well with its new and bold launches. The company sold 13,502 units last year (32% YoY leap) while Audi managed to sell 11,192 (3% YoY leap). BMW is yet to announce the final numbers. However, experts predict it to be under 10,000 units.

A stronger dealer network and as many as 15 new launches last year saw Mercedes-Benz widen its reach in the market, especially as it attracted younger buyers. "We are confident of maintaining the lead," Roland Folger, MD & CEO of Mercedes-Benz India, told TOI. "New products and a further strengthening of our network will ensure that we stay true to our motto of 'winning with Mercedes' in 2016."

Image credit: Indiatimes


Advertisement

Next Article