How many Mercedes are sold in India in the financial year 2023-24?
Our growth in the fiscal, which is our best ever, was led by a very strong growth in the top-end cars at 34 per cent and also electric cars had more than 50 per cent growth, he said. Mercedes-Benz India had previously recorded its best-ever sales in 2023-24 at 18,123 units. The financial insights sourced from the business intelligence platform Tofler revealed that Mercedes-Benz India, the local arm of the German automotive giant, saw a robust 17. YoY) increase in core business revenue, amounting to ₹12,054 crore, supplemented by ₹159 crore from ancillary income, which .According to Mercedes-Benz’s latest financial reports the company’s current revenue (TTM ) is $153. Billion USD. In 2024 the company made a revenue of $156. Billion USD a decrease over the revenue in the year 2023 that were of $166. Billion USD.
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. 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.Determining which German car brand is most reliable can be challenging, as it often depends on the specific model and year. However, Mercedes-Benz and Volkswagen frequently emerge as the top contenders in reliability surveys and consumer reports.Reliability and Quality. According to J. D. Power, the Mercedes-Benz GLE and the BMW X5 both have a similar reliability score compared to other vehicles in their class and each other. To help support owners, both the BMW X5 and the Mercedes-Benz GLE offer excellent factory warranties on every new vehicle.
What is the best selling Mercedes model in 2023?
Electric vehicle sales increased by 248% to 43,202 cars for a 15% market share of overall Mercedes-Benz passenger vehicle sales in the US in 2023. The top-selling models were the GLC and GLE SUVs while the C-Class was the top-selling Mercedes-Benz passenger car in the USA in 2023. The average Mercedes-Benz vehicle will retain over 47% of its value after five years. There are also models, such as the GLA, GLB, and GLC SUV, that will retain over 50% of their original value. Mercedes-Benz SUVs generally hold their value better because they have a higher level of popularity.Mercedes-Benz has announced that the A-Class sedan will be discontinued for the U. S. However, the company didn’t cite a specific reason for the decision. Instead, it noted that the A-Class has never been a strong seller in the U. S.The Decline of Coupe-Style SUVs With all-electric versions of the GLC and GLE on the horizon, Mercedes-Benz is streamlining its lineup to focus on future-ready designs. The coupe-style SUVs will be phased out globally by 2026. If you love coupe-style SUVs, schedule a test drive before these models are discontinued.
What rank is Mercedes in the world?
Mercedes-Benz rises to seventh position among the most valuable brands in the world. November 21, 2023 – Mercedes-Benz has further expanded its leading position as the most valuable luxury automobile brand in the world in the current “Best Global Brands 2023” ranking. While both BMW and Mercedes-Benz produce high-quality, luxury vehicles, Mercedes-Benz has a slight edge in terms of overall reliability. Mercedes’ focus on durability and comfort contributes to fewer maintenance needs, longer-lasting components, and potentially lower repair costs.Mercedes-Benz vs BMW: Comparing Engine Power and Handling Mercedes-Benz tends to prioritize a plush driving experience, while BMW focuses on delivering a sportier feel. Ultimately, your choice may depend on whether you value a smooth ride or a dynamic driving experience more.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.If you value comfort, Mercedes is a top pick in the luxury car scene. But if you’re looking for a thrilling driving experience, BMW is the way to go. BMWs also have better reliability and safety. Hopefully, that information about BMW and Mercedes was helpful!