SME Times is powered by   
Search News
Just in:   • India 2nd in consumer demand of gold globally, RBI reserves rise to 880 tonnes  • Piyush Goyal to reach New Zealand tomorrow to speed up trade talks  • PM Modi inaugurates ESTIC 2025, launches Rs one lakh crore RDI Scheme Fund  • FM Sitharaman embarks on Bhutan visit to deepen economic, developmental cooperation  • Trump, Xi agree on one-year rare earth supply deal amid easing trade tensions 
Last updated: 13 Jan, 2022  

Mercedes.9.Thmb.jpg Mercedes-Benz India sold 11,242 units in 2021, up 42% YoY

Mercedes.9.jpg
   Top Stories
» India 2nd in consumer demand of gold globally, RBI reserves rise to 880 tonnes
» Piyush Goyal to reach New Zealand tomorrow to speed up trade talks
» PM Modi inaugurates ESTIC 2025, launches Rs one lakh crore RDI Scheme Fund
» FM Sitharaman embarks on Bhutan visit to deepen economic, developmental cooperation
» Trump, Xi agree on one-year rare earth supply deal amid easing trade tensions
SME Times News Bureau | 13 Jan, 2022
Luxury carmaker Mercedes-Benz India on Wednesday reported a rise of 42.5 per cent in its 2021 sales on a year-on-year basis.

The company's sales rose to 11,242 units during the period under review from 7,893 units sold in 2020.

"The year 2021 remains a strong foundation for creating a robust and sustainable roadmap for the future, reiterating the overwhelming trust and loyalty of our customers, who preferred a Mercedes-Benz to other brands," Mercedes-Benz India Managing Director and CEO Martin Schwenk, said in a statement.

"2022 will be another milestone year as we aim to lead the luxury EV segment by expanding our EV portfolio with the debut of the first-ever all-electric luxury sedan from Mercedes-Benz, the EQS," he said.

In 2022, it will launch the first-ever all-electric luxury sedan, the EQS for Indian customers.

According to Schwenk, after pioneering the localisation of performance vehicles in India with the AMGs, the company has decided to start the local production of the EQS.

"Over the course of the year, the company will also commence the local production of this luxury EV in India," the company said in the statement.

"As a part of its product offensive for the Indian customers in 2022, Mercedes-Benz will launch some of the most desirable and exhilarating products such as the exquisite new 'S-Class Maybach' and 'EQS' along with many other exciting offerings from the AMG portfolio."
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹88.70
₹87
UK Pound
₹119.90
₹116
Euro
₹104.25
₹100.65
Japanese Yen ₹59.20 ₹57.30
As on 30 Oct, 2025
  Daily Poll
Who do you think will benefit more from the India - UK FTA in the long run?
 Indian businesses & consumers.
 UK businesses & consumers.
 Both will gain equally.
 The impact will be negligible for both.
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter