What is the market share of Mercedes in India?

What is the market share of Mercedes in India?

With a market share ranging between 45-46% among luxury car sales from January to March 2024, Mercedes-Benz India continues to lead the pack among its German rivals, commanding a substantial 55% market share. Notably, the average age of Mercedes-Benz buyers in India has dropped to 38 years from 44, indicating a growing preference among younger demographics for luxury vehicles. Youngsters, according to Iyer, are veering away from traditional investments like real estate, opting instead to indulge in luxury experiences.Depreciation. Due to the faster depreciation rate of luxury cars, buying a used Mercedes can be more attractive than you think. The value of a Mercedes will see the biggest hit within the first 5 years of its life, this makes the initial purchase price less of a concern if you are looking at a vehicle 5+ years old.Mercedes-Benz vehicles are renowned for their durability, performance, and engineering excellence. With proper care, these cars can easily reach 200,000 miles or more, often translating into 15 to 20 years of reliable service.

Is Mercedes successful in India?

While the industry is witnessing a decline in sales, Mercedes-Benz India has reported stellar sales in the first quarter of the financial year 2026 (FY26). The brand sold 4,238 vehicles in the three-month period between April and June 2025, growing by 10 per cent compared to the same period last year. Maruti Suzuki: India’s Most Popular Automobile Brand. Maruti Suzuki is the most popular automobile brand in India, with a market share of over 42%.India best-selling cars ranking in 2021 is led by the Maruti Wagon R, overtaking the Swift, the Alto and the Baleno. The Tata Nexon enters the leaderboard. In 2021, the Maruti Wagon R becomes the new leader after overtaking the Maruti Swift, which fell in 2nd position.Top Car Brand in India: Maruti Suzuki. India’s largest car manufacturer and consistently the top-selling brand.The sales reports for the entirety of the financial year (FY) 2025 are out. Although SUVs are more popular in India, the top-selling model was still a hatchback: the Maruti Wagon R. The Tata Punch, which was the best seller in FY 2024 took the second spot and the Hyundai Creta came third.

Which is the most popular Mercedes in India?

The top 5 popular Mercedes-Benz models and their prices are the Maybach GLS (₹3. Cr), S-Class (₹1. Cr), GLS (₹1. Cr), GLC (₹76. Lakh), C-Class (₹59. Lakh). Mercedes-Benz car price starts at Rs 46. Lakh for the cheapest model which is A-Class Limousine and the price of most expensive model, which is Maybach SL 680 starts at Rs 4. Crore.

Where does Mercedes rank in the world?

By unit sales, the Mercedes-Benz Group is the tenth-largest car manufacturer in the world; shipping two million passenger vehicles in 2021 and by revenue the seventh-largest car manufacturer worldwide in 2023. Mercedes-Benz is owned by Daimler AG, a German auto group with a reputation for building and backing some of the most luxurious vehicles manufactured today. Of course, now that you’ve seen who owns Mercedes-Benz, you’re bound to have more questions on your mind!The Mercedes-Benz brand was founded in Stuttgart, Germany, which is where the headquarters remains to this day. The main production facilities are also located here, at a plant that employs around 19,000 people.

Which car sells most in Germany?

In 2024, the total German new car market was only 2,817,331 vehicles strong. The best-selling car brand in Germany was again Volkswagen with the VW Golf the top-selling car model. Volkswagen was the top electric car brand and the Tesla Model Y was the best-selling battery-electric car model in Germany. Volkswagen Group was Europe’s top-selling car brand with 1. ICE) powered. Toyota was the sixth best-selling car brand in Europe with 479,000 sales in H1 2025 and it had the highest share of electric and hybrid vehicles sold at 86%.Considering YTD data up to July 2025, Toyota was still the best selling brand. Gaining 3. Japanese giant retained its decade-long leadership in the market, securing a 10. Volkswagen ranked in 2nd, growing 2.

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