Mercedes-Benz India's Top-End Models Propel Growth Despite Market Volatility

Mercedes-Benz India's CEO, Santosh Iyer, discusses the growth of the luxury car market despite a volatile business environment. The company's top-end models drive sales growth. While overall market growth is modest, the demand for high-end vehicles remains strong. Record GST collections and GDP projections are positive indicators.

Mercedes-Benz India is leveraging its top-end models to fuel growth amid a fluctuating business climate, according to statements made by its MD and CEO, Santosh Iyer.

In an interview with PTI, Iyer highlighted that the domestic luxury car market is growing at a rate of 4-5% annually. Despite geopolitical challenges affecting the industry, the demand for high-end vehicles remains robust.

Mercedes has released eight luxury vehicle models in 2025, receiving positive customer feedback. The company launched the AMG CLE 53 4MATIC+ Coupe, priced at Rs 1.35 crore, to strengthen its position in the luxury segment.

(With inputs from agencies.)