Mercedes-Benz Reports Sales of 16,497 Units in FY2023, Its Best Ever In A Fiscal
By Carandbike Team
2 mins read
Published on April 11, 2023
- Carmaker reports 37 per cent sales growth in FY2023
- Reports sales of 4,697 units in first quarter of calendar year 2023
- Q1 calendar year 2023 sales best ever in the quarter
At the launch of the new Mercedes-AMG GT 63 S E-Performance, Mercedes-Benz revealed that FY2023 was its best fiscal year in India with over 16,000 cars delivered. The German brand reported deliveries of 16,497 vehicles in the period between April 2022 and March 2023. Mercedes said that this marked a 37 per cent growth over its sales numbers from the previous fiscal year.
Commenting on the sales performance of the brand, Santosh Iyer, Managing Director & CEO, Mercedes-Benz India said, “Our ‘best ever fiscal’ and ‘best ever Q1’ underlines the strong desirability for Mercedes-Benz among discerning Indian luxury car customers. We are thankful to our loyal customers for their relentless passion for Mercedes-Benz products and their continued trust in our brand. Our significant growth in the Top End vehicle (TEV) segment, as well as the increased preference for our luxury EVs reflects the changing profile of Mercedes-Benz customers in India, who increasingly prefer to combine sustainability and luxury at the highest level. With this sales success, we continue our product offensive, introduce new initiatives and remain obsessed with enhancing our customer experience, remaining the most desirable luxury brand in India.”
Mercedes also said that the first quarter of 2023 was its best-ever Q1 in India with 4,697 units delivered – a growth of 17 per cent. The carmaker had delivered 4,022 units in Q1 2022. Mercedes-Benz also noted that sales of its top end luxury vehicles such as the GLS, S-class, EQS, AMGs and Maybach grew 107 per cent in the quarter. The E-class remained Mercedes' best-selling sedan for Q1 CY2023 while the GLS was the brand best selling SUV. The E-class and C-class combined accounted for 30 per cent of the brand's total sales in the quarter.
The carmaker is coming off its best-ever year in India with 15,822 vehicles sold in the calendar year 2022. Sales were up 41 per cent year-on-year. The German carmaker has lined up 10 launches for India this year with 2023 starting with the launch of the AMG E 53 Cabriolet in January. The carmaker has gone on to re-open bookings for the Maybach GLS and AMG G63 SUV in February.
Last Updated on April 11, 2023
Great Deals on Used CarsView All Used Cars
- 8,000 km
- 88,000 km
- 24,110 km
- 72,000 km
- 53,763 km
- 20,156 km
- 64,000 km
- 41,489 km
- 1,18,054 km
- 22,376 km
8 hours ago
The price hike is in relation to increased commodity prices and the rising costs attributed to inflation
12 hours ago
Along with the Eliminator 450, Kawasaki is likely to launch the updated W175 modern classic motorcycle at 2023 India Bike Week in Goa.
14 hours ago
The ‘Reown’ pre-owned motorcycles business initiative will be available in Delhi, Mumbai, Kolkata, Bengaluru, and Chennai, to begin with.
14 hours ago
The new colour scheme was first showcased in June this year and was restricted to the 1.5-litre variant but is now available with the 1.0-litre Topline variant as well
15 hours ago
Powered by a 292cc motor, it will be sold in China and exported to European markets
16 hours ago
MS Dhoni was recently spotted driving his new Mercedes-AMG G63 but what really caught everyone’s attention was the special number plate
1 day ago
The ministry aims to introduce free medical treatment for injured accident victims in the next three to four months
1 day ago
Greaves Electric Mobility has collaborated with Kedia Organisation and is setting up its first dealership in Teku, Kathmandu
1 day ago
With the launch slated for 2024, the Lamborghini Urus PHEV was spotted testing at the gruelling Nurburgring race track.
1 day ago
The Urban SUV concept is the first in a line of 6 EVs, which the company says will be revealed toward the first half of 2024
5 days ago
The Mercedes-Benz EQS is made in limited numbers at the Alabama plant in the US and production will move to Germany by 2026 to make way for the new-generation EQC.
7 days ago
Mercedes-Benz has partnered with E.ON for the development and operation of the Charging Network in Europe.
15 days ago
The new Mercedes-AMG C 43 is bolder, more powerful and promises to offer better performance than its predecessor, despite having a smaller engine. So, can it live up to those claims? Let’s find out!
17 days ago
A power upgrade and more features push the price up but make one of Mercedes' best-sellers more interesting
19 days ago
Automated parking function now offered in the E-Class sedan and estate, EQE SUV, and EQS SUV.