ADVERTISEMENT
GaadiKey
  • Road Safety
  • Store
  • Car News
    • Maruti Suzuki
    • Hyundai
    • Mahindra
    • Tata
    • Toyota
    • Ford
    • Nissan
    • Honda
    • Volkswagen
    • Renault
    • Kia
    • MG
    • Skoda
    • Fiat
    • Datsun
    • Mercedes-Benz
    • Volvo
    • BMW
    • Audi
    • Jaguar Land Rover
    • Lexus
    • Ferrari
    • Lamborghini
    • Maserati
    • Pininfarina
    • Tesla
  • Bike News
    • Hero
    • Bajaj
    • TVS
    • Honda
    • Yamaha
    • Suzuki
    • KTM
    • Royal Enfield
    • Mahindra
    • Harley Davidson
    • Ducati
    • DSK Benelli
    • Indian
    • Kawasaki
    • Piaggio
    • Triumph Motorcycles
    • UM Motorcycles
  • Reviews
    • Bike Reviews
    • Car Reviews
  • Photos
  • About
  • Advertise
  • Contact us
  • Privacy
No Result
View All Result
GaadiKey
No Result
View All Result
ADVERTISEMENT
Home Cars

Mercedes-Benz India expects V-shaped recovery based on the Q3 performance

Mercedes-Benz India Sales recovery is up to 80% with Sep-2020 sales pointing to the beginning of a good festive season. July-Sep period saw consecutive and robust m-o-m sequential growth.

Chethan Thimmappa by Chethan Thimmappa
October 14, 2020
in Cars, Mercedes-Benz
0
Mercedes-Benz India expects V-shaped recovery based on the Q3 performance
54
VIEWS
Share on WhatsappShare on FacebookShare on Twitter

India’s largest luxury car maker Mercedes-Benz sold 5007 units in the January- September 2020 period and continued its sales recovery amid prevalent market challenges. Buoyed by a strong performance in September, the company’s monthly sales reached pre- lockdown levels for the first time, indicating a reviving customer sentiment due to the upcoming festive season. Mercedes-Benz India clocked this sales despite facing ongoing market challenges which are influenced strongly by the COVID-19 pandemic. The September 2020 sales underlines early signs of a gradual recovery influenced by a rejuvenated product portfolio, which is led by the new SUVs.

ADVERTISEMENT

Martin Schwenk, Managing Director & CEO, Mercedes-Benz India commented,

“We are glad to witness a strong comeback in the course of the last quarter, with a significant increase from month to month within the third quarter. This performance is a result driven by our exciting product introductions, rolling-out of attractive financial packages, combined with the gradual pick-up in business and economic activities that has positively influenced customer sentiment. We are confident, the upcoming festive season will deliver further momentum for the recovering our sales development. We remain optimistic for the fourth quarter as the current demand situation and the feedback of the customers for our products is very positive.”

ADVERTISEMENT

Online sales focus continues:

In view of the current situation, Mercedes-Benz India has strengthened its online offering. As part of its online sales focus, Mercedes-Benz India has been offering a complete online customer journey experience. The company has been collaborating closely with its retail partners to offer the best customer experience to Mercedes-Benz customers. In July-September 2020 period, Mercedes-Benz India online car booking contributed up to 20% of sales volume, underscoring the growing prominence of online sales platforms and the changing consumer preference for online shopping.

Customers can now visit the online store at www.shop.mercedes-benz.co.in (powered by Roadster) to book their car with a convenient home delivery option available.

Mercedes-Benz India expects a significant part of its total sales to be completely online by 2025. Customers can avail new as well as pre-owned Mercedes-Benz cars online. All dealers in the country, are already part of the portal and enabling customers in their online buying journey, including delivery and complete customer services support.

ADVERTISEMENT

In addition Mercedes-Benz customers can buy Merchandise and Accessories in the online store www.shop-mercedes-benz.co.in.

Highlights

  •          Mercedes witnesses a strong revival of customer sentiment influenced by the upcoming festive season
  • ·         MB India makes a strong sales comeback, reaches pre-COVID level for the first time since lock down with Q3 sales
  • ·         Q1: 2386 | Q2: 563 | Q3: 2058
  • ·         A V-shaped recovery of sales based on the Q3 performance, highlight being a robust Sep-2020 sales
  • ·         Sales recovery is up to 80% with Sep-2020 sales pointing to the beginning of a good festive season
  • ·         July-Sep period saw consecutive and robust m-o-m sequential growth
  • ·         Sep-2020 m-o-m growth was the highest for any month, influenced by a reviving customer sentiment  
  • ·         SUVs remain the most preferred vehicles of choice for Mercedes-Benz customers with 48% penetration in September 2020 sales
  • ·         GLC, GLE & GLS remains the key volume drivers in the SUV segment, while C-Class and E-Class in sedans
  • ·         Mercedes continue to see online sales as new enablers with up to 20% Q3 volumes driven by sales from online sales platforms
  • ·         ‘Unlock’ campaign continue to receive strong market traction

You can add more to this story by commenting below.

SendShareTweet
ADVERTISEMENT
Previous Post

2020 Honda Amaze Special Edition launched at Rs 7 lakhs

Next Post

Mahindra Scorpio gets Android Auto, Apple CarPlay in the top-end variants

Chethan Thimmappa

Chethan Thimmappa

I cover latest automobile news in India with special focus on cars and bikes. Please send me an email to reach@gaadikey.com for any enquiries.

Related Posts

Tata Altroz i-Turbo Priced at Rs 7,73,500
Cars

Tata Altroz i-Turbo Priced at Rs 7,73,500

by Chethan Thimmappa
January 23, 2021
0

Tata Motors, India’s leading automotive brand, today announced the launch of the i-Turbo variant along with iRA-connected car technology for...

Read more
2020 Tata Harrier Diesel Automatic Review (XZA+)

Tata Motors increases passenger vehicle prices

January 22, 2021
Renault Kwid RXL BS6 launched in India at Rs 4.16 lakhs

Renault India adds 120 New Sales and Service units in 2020

January 22, 2021
“Aesthetics arise from efficiency”: Head of Audi Design

“Aesthetics arise from efficiency”: Head of Audi Design

January 21, 2021

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

Why Brake Knowledge is Essential to Road Safety

Why Brake Knowledge is Essential to Road Safety

January 23, 2021
Tata Altroz i-Turbo Priced at Rs 7,73,500

Tata Altroz i-Turbo Priced at Rs 7,73,500

January 23, 2021
2020 Tata Harrier Diesel Automatic Review (XZA+)

Tata Motors increases passenger vehicle prices

January 22, 2021
Renault Kwid RXL BS6 launched in India at Rs 4.16 lakhs

Renault India adds 120 New Sales and Service units in 2020

January 22, 2021
2020 Yamaha Ray-ZR Colors: Blue, Black, Green, Street Rally (125cc)

Yamaha begins with ‘National Road Safety’ awareness initiative 2021

January 22, 2021
Ducati Scrambler Icon, Icon Dark and 1100 Dark Pro launched (BS6)

Ducati Scrambler Icon, Icon Dark and 1100 Dark Pro launched (BS6)

January 22, 2021
Ampere Electric launches its 300th outlet in Panvel, Maharashtra

Ampere Electric launches its 300th outlet in Panvel, Maharashtra

January 22, 2021
“Aesthetics arise from efficiency”: Head of Audi Design

“Aesthetics arise from efficiency”: Head of Audi Design

January 21, 2021




Archives

Test Driven

Tata Altroz iTurbo Variant
Car Reviews

Tata Altroz iTurbo Review (1.2L Turbo Petrol version)

January 20, 2021
Nissan Magnite Review: Powerful, Purposeful and BIG
Car Reviews

Nissan Magnite Review: Powerful, Purposeful and BIG

December 1, 2020
New Hyundai i20 Petrol Review- Worth 11 lakh?
Car Reviews

New Hyundai i20 Petrol Review- Worth 11 lakh?

November 12, 2020
Kia Sonet Review – 7DCT Petrol GTX+
Car Reviews

Kia Sonet Review – 7DCT Petrol GTX+

September 14, 2020

Search this Website

No Result
View All Result

Archives

Important Links

  • GaadiKey Store
  • GaadiKey Photos
  • GaadiKey Android App

Recent Posts

  • Tata Altroz i-Turbo Priced at Rs 7,73,500
  • Tata Motors increases passenger vehicle prices
  • Renault India adds 120 New Sales and Service units in 2020
  • Yamaha begins with ‘National Road Safety’ awareness initiative 2021
  • Ducati Scrambler Icon, Icon Dark and 1100 Dark Pro launched (BS6)

About

GaadiKey

GaadiKey blog is a one stop portal for all the latest in the automobile industry. We are a bunch of people who are passionate about bikes and cars. We share the experience, reviews and stuff connected to Gaadis.

© 2021 GaadiKey - Prime GaadiKey.

No Result
View All Result
  • Road Safety
  • Store
  • Car News
    • Maruti Suzuki
    • Hyundai
    • Mahindra
    • Tata
    • Toyota
    • Ford
    • Nissan
    • Honda
    • Volkswagen
    • Renault
    • Kia
    • MG
    • Skoda
    • Fiat
    • Datsun
    • Mercedes-Benz
    • Volvo
    • BMW
    • Audi
    • Jaguar Land Rover
    • Lexus
    • Ferrari
    • Lamborghini
    • Maserati
    • Pininfarina
    • Tesla
  • Bike News
    • Hero
    • Bajaj
    • TVS
    • Honda
    • Yamaha
    • Suzuki
    • KTM
    • Royal Enfield
    • Mahindra
    • Harley Davidson
    • Ducati
    • DSK Benelli
    • Indian
    • Kawasaki
    • Piaggio
    • Triumph Motorcycles
    • UM Motorcycles
  • Reviews
    • Bike Reviews
    • Car Reviews
  • Photos
  • About
  • Advertise
  • Contact us
  • Privacy

© 2021 GaadiKey - Prime GaadiKey.