NEW DELHI : Mercedes Benz expects double-digit sales growth in India this year, despite concerns that a weaker rupee could increase car prices, the head of its local unit said in an interview.The German luxury carmaker's sales in India rose 41 per cent last year to 15,822 cars, its highest ever in the cou
NEW DELHI : Mercedes Benz expects double-digit sales growth in India this year, despite concerns that a weaker rupee could increase car prices, the head of its local unit said in an interview.
The rupee fell 10 per cent against the dollar in 2022, its steepest drop since 2013, making it the one of the worst performing Asian currencies. Mercedes plans to launch 10 new cars in India in 2023, most costing more than 10 million rupees , the top-end segment that grew 69 per cent in 2022. The new launches will include gasoline cars, electric vehicles and plug-in hybrids.
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