In 2023, Mercedes Benz India sold over 18,000 vehicles compared to some 14,000 by BMW and around 8,000 by Audi in India. Forty percent of Mercedes Benz cars sold are financed by Mercedes Benz Financial Services. In all 80 percent of the cars sold by Mercedes Benz is through finance. There is also the Maybach, Cabriolets, and Coupes.“We are selling more top-end vehicles,” Iyer says. If history is anything to go by, it’s only likely to remain the gold standard in the Indian luxury automobile world for years to come.

Source: Forbes June 19, 2024 18:17 UTC