Mercedes, Audi witness file gross sales as festive season boosts luxurious automobiles demand

After witnessing gradual demand all year long, India’s luxurious automobile trade is optimistic about making some revenue within the ongoing competition season, reported PTI.

From Onam to Diwali, this yr’s festive season was higher for luxurious carmakers in comparison with final yr. Improved gross sales was led by increase in demand because of robust client sentiment, a number of new automobile launches, and a pretty portfolio, Mercedes-Benz India Managing Director Santosh Iyer informed PTI.

“We have now seen file deliveries throughout Dussehra, Dhanteras and Diwali reflecting buyer enthusiasm,” he famous.

Optimistic trade outlook for 2024 amid threat of supply-chain disruptions 

Mercedes Benz MD expressed his confidence on the trade for the remainder of the yr and mentioned that his firm will expertise file gross sales this yr. 

Nevertheless, supply-chain disruptions will proceed to pose challenges for the trade, affecting the manufacturing and availability of SUVs, particularly the GLC.

“We proceed to have a constructive trade outlook, anticipating file gross sales this yr. Nevertheless, we forecast provide chain-related disruptions to proceed within the coming months as properly,” he mentioned.

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Up to date: 19 Nov 2023, 03:35 PM IST