Bonjour, new guests from small-town India
Puneet Dhawan of Accor is brimming with ideas on ways to revive the hospitality sector
"We are in particular very satisfied with the strong growth in volumes in the C-Class, E-Class and the SUV segment which remains the mainstay of our portfolio, '' says Roland Folger, Managing Director and Chief Executive Officer, Mercedes-Benz India.
German luxury car brand Mercedes-Benz on Monday announced a historic sales record achievement by clocking highest-ever yearly sale of 15,330 units during January to December 2017.
Sales volumes grew 16 per cent, firmly maintaining the company's strong hold in the dynamic Indian luxury car industry. The company had sold 13,231 units in January-December 2016.
“Mercedes-Benz today remains the most preferred luxury car brand in India and our increasing sales volume firmly underlines the customer’s trust on a winning brand. Our market strategy is well-founded and highly customer centric, enabling us to contribute to the economy by doubling our volumes in a span of few years,” Roland Folger, Managing Director and Chief Executive Officer, Mercedes-Benz India, said.
He said 2017 was a successful year for the company and the decision to introduce the Long Wheelbase E-Class was strategic and highly successful.
“We are in particular very satisfied with the strong growth in volumes in the C-Class, E-Class and the SUV segment which remains the mainstay of our portfolio. Clocking more than 15,000 sales units is one of the many first-of-its kind achievements for Mercedes-Benz in the luxury car segment in India, and we are glad to achieve them and spearhead the industry, firmly,” he said.
The company said the E-Class significantly contributed to the volumes, making the ‘Made in India’ E-Class, the first choice of customers in 2017. The GLC, GLE and GLS continue to retain the tag of the highest selling SUVs in their respective categories, and contributed strongly to the SUV segment.
SUV segment from Mercedes-Benz posted double-digit growth in 2017. The performance and sports-car brand, Mercedes-AMG, achieved double-digit growth in 2017, reiterating Mercedes-Benz’s strong dominance in the performance car segment.Additionally, the new generation cars continued its success story with a high conquest rate, ensuring Mercedes-Benz remained the most preferred choice for the dynamic, affluent and young Indians, it said.
In 2018, Mercedes-Benz will introduce products, many without a predecessor in India. There will be a range of AMG products that will make their India debut in 2018, enhancing the ‘driving performance’ for AMG enthusiasts, the company said.
Mercedes-Benz also plans to implement innovative after-sales initiatives and consolidate the existing service initiatives. “Our 2018 strategy, ‘The Best Keeps Leading’ is based on this market success and confidence and aims to further deepen our commitment for our patrons,” Folger said.
In 2018, Mercedes-Benz will also offer memorable brand experiences for its discerning customers with a special focus on emerging Tier II and Tier III markets. Benchmarking experiential events with new innovations like Brand Tour, LuxeDrive and AMG Performance Tours will remain the highlight of 2018, the company added.
Puneet Dhawan of Accor is brimming with ideas on ways to revive the hospitality sector
Citroen’s first vehicle sports a novel design and European interiors. It is also meant to be as comfortable as ...
The pandemic is only the tip of the iceberg that the country’s cash-poor airlines — both regional and national ...
The government is yet to specify the framework of its recently announced old vehicle scrappage policy
Here is a checklist that equips you to discern the market nuances
Sensex, Nifty 50 have witnessed sharp decline
The fund has consistently outperformed S&P BSE 100 TRI over one, three and five years
Returns are superior to immediate annuity plans, but SCSS can secure better rates for new investors sooner if ...
With the public looking beyond mainstream media for reports from the ground, independent digital platforms are ...
* From March to September for a period of 28 weeks the Atlantis ballroom was turned into an artist’s studio ...
A book on Badri Narayan is a tribute — albeit a belated one — to an artist who did not enjoy the recognition ...
The country hasn’t had a quiet moment since the military seized power on February 1
Its name is the starting point of a brand’s journey and can make a big difference in the success sweepstakes
Sober spirits are the in thing
A peek into where ad spends went last year and where they are headed tomorrow
Can Swiggy Instamart disrupt the ecommerce groceries space, currently ruled by the Amazons and Big Baskets? ...
Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ...
Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ...
Aequs Aerospace to create space for large-scale manufacture of toys at Koppal
And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as ...
Please Email the Editor