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. In India, there are 12 Mercedes-Benz cars priced under 1 crores that are featured on HT Auto, with the top picks being the Mercedes-Benz GLA, Mercedes-Benz GLC, Mercedes-Benz GLE, Mercedes-Benz EQB, Mercedes-Benz GLB. These models have an ex-showroom price starting at Rs. Lakhs.Since 1994, Mercedes-Benz has sold 200,000 vehicles in India, with 100,000 cars sold in just the past six years (2019-2024).He noted a substantial rise, with women buyers now constituting 15 percent of their total base, up from 6-7 percent previously. 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.Mercedes-benz india sales in 2024 mercedes continues its sales dominance in the luxury segment, with sales of 19,565 units in 2024. The brand reports that the top-end vehicle (tev) segment – models priced over rs 1 crore – grew by 30 percent year-on-year and accounted for one in every four cars sold by mercedes.Luxury car sales FY2025: Mercedes retains top position; E-Class LWB best-selling model | Autocar India.

What is the market share of cars in India in 2024?

As per 2024 sales data following are top 5 companies by number of car sales. In 2024, Maruti Suzuki, Tata Motors, Hyundai, and Mahindra together held 80% of India’s car market share. The remaining 20% was divided among 10 other companies, showing the strong influence of these top brands in the market. Hyundai Creta regained its spot as India’s highest-selling car in June 2025 from Maruti Dzire. Hyundai sold 15,786 units of the Creta in June 2025, which was just 302 units ahead of Maruti’s Dzire. Creta’s best-seller milestone also coincides with its 10th anniversary in the Indian market.

What is the top 5 best selling Mercedes cars 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), C-Class (₹59. Lakh), E-Class (₹78. Lakh). Explore the complete price list of all Mercedes-Benz models as of July 2025 below. Mercedes-Benz India achieved record fiscal sales, driven by strong demand for its Top-End Luxury segment and electric vehicles, marking a 4% growth. While Q1 2025 saw an 11. EV sales surged by 51%.In full-year 2024, worldwide sales of Mercedes-Benz cars were lower in most global markets but increased in the USA. January to December): Mercedes-Benz Group worldwide sales decreased by 4% to 2,389,000 vehicles including 1,983,300 (-3%) passenger cars and 405,600 (-9%) vans.Mercedes-Benz India sales in 2024 Mercedes continues its sales dominance in the luxury segment, with sales of 19,565 units in 2024. The brand reports that the top-end vehicle (TEV) segment – models priced over Rs 1 crore – grew by 30 percent year-on-year and accounted for one in every four cars sold by Mercedes.In the fiscal year of 2024, the Mercedes-Benz Group recorded a net profit of 10. The Mercedes-Benz Group is a German multinational automotive corporation formerly named Daimler AG, which split from Daimler Truck in December 2021.

What is the sales of Mercedes in India 2025?

Luxury Car Sales Q1 2025 India’s luxury car market posted a healthy performance in Q1 2025 with overall retail sales reaching 11,555 units, a growth of 6. Q1 2024. Mercedes-Benz maintained its leadership position with 4,775 units sold, despite a 11. It commanded a 41. 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 .

Which is the most sold luxury car in India 2024?

Mercedes continues its sales dominance in the luxury segment, with sales of 19,565 units in 2024. The brand reports that the top-end vehicle (TEV) segment – models priced over Rs 1 crore – grew by 30 percent year-on-year and accounted for one in every four cars sold by Mercedes. Mercedes-Benz USA Reports 9% Year-Over-Year Growth for Passenger Car Sales. Q4 2024 Passenger Car sales of 88,259 are up 8% compared to Q4 2023. Top-End vehicle sales are up 52% in Q4 2024 vs Q4 2023.Mercedes-Benz tops the list with the two fastest selling used cars of 2024, with the GLB Class and A Class taking first and second place. Year of the used EV as ‘middle-aged’ electric cars sold faster than any other fuel type last year, taking just 23 days to leave forecourts.Key Takeaways. In July 2025, Toyota and Lexus dominate the fastest-selling cars. Models from Volkswagen Group are the slowest-selling cars right now.The Tesla Model Y was the best-selling car model in 2024, topping 1. It was followed closely by the Toyota Corolla. Overall global car sales grew to roughly 75.

Which car brand sold the most in 2024?

Considering full-year data for 2024, Toyota was still the best selling brand, with 9,09 million vehicles sold. Despite losing 0. Japanese giant maintained its decade-long leadership in the market, securing a 10. Which car manufacturer sold the most vehicles in 2024? With over 2. Toyota maintained its position as the top-selling car manufacturer. Toyota was followed by Volkswagen, which sold 1.State of Car Sales in America Toyota sold the most vehicles in 2024 followed by Ford, Chevy, Honda and Hyundai. The Ford F-150 was once again the top sold model in the U. S.Revenue of leading carmakers worldwide 2024. In terms of revenue, Toyota and Volkswagen were the leading automakers worldwide as of May 2024. In terms of vehicle sales, Toyota and Volkswagen are also counted among the most successful automakers worldwide.Mercedes-Benz’ second largest segment was the Executive Cars segment. It accounted for 21% of the makes revenue in 2022. In the market share by revenue category, Toyota (11. Ford (7. Volkswagen (6. Mercedes-Benz had a 4.

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