Mercedes-Benz India reports best-ever retail sales in FY24

New Delhi, April 11, 2024.

German luxury carmaker Mercedes-Benz on Thursday reported its highest-ever retail sales in a financial year in India in 2023-24, driven by strong demand for its SUV range.

The company sold 18,123 units last fiscal, a growth of 10 per cent over 16,497 units in the 2022-23 fiscal.

“We achieved the best-ever month, highest-ever quarter and best-ever fiscal in India. This trust reflects in the unmatched desirability for Mercedes-Benz in India, resulting in an overwhelming customer response,” Mercedes-Benz India MD and CEO Santosh Iyer said in a statement.