Saturday, 21 April, 2018

Mercedes-Benz Malaysia says sustaining sales growth a big challenge in 2018

Mercedes-Benz Retains Its Title As India's Largest-Selling Luxury Brand In 2017 Indian Luxury Car Sales Performance In 2017: Mercedes-Benz Leads, Followed By BMW
Preston Stone | 10 January, 2018, 11:44

Mercedes-Benz is officially the world's biggest premium vehicle maker following a strong 2017. BMW claimed second place followed by Audi. This was followed closely by the Mercedes-Benz SUVs with 2,599 units sold, Mercedes-Benz compact cars with 2,031 units sold and Mercedes-Benz Dream Cars with 374 units sold. Sales of C-Class units represent 25 percent of the 410,000 units sold worldwide, while that of the E-Class rose by 108 percent year-on-year.

The luxury sedan segment grew by double-digit growth and the introduction of the Long Wheelbase E-Class significantly contributed to the volumes, making the made-in-India E-Class the first choice of customers in 2017.

For 2017, MBM's sales was driven by the locally-produced limousines which recorded 7,041 units sold. The performance and sports-car brand, Mercedes-AMG achieved double-digit growth in 2017, reiterating Mercedes-Benz's strong dominance in the performance vehicle segment. Tata Motors-owned Jaguar Land Rover's sales in India stood at 3,954 units as against 2,653 units in 2016, an increase of 49 percent.

US sales were down 0.9% year over year to around 340,000 units, even though SUV sales were higher this year.

Milan not interested in Walcott move
AC Milan have reportedly turned down the opportunity to sign Theo Walcott after Arsenal offered the English winger to the Italian giants.

Jaguar Land Rover India registered a growth of 49% in 2017.

In China alone, the carmaker sold 588,000 Mercedes vehicles previous year, confirming the Asian nation΄s importance for the German company. While the company hasn't provided the model-wise break of its sales figures, JLR claims that the Discovery Sport and Range Rover Evoque were the most popular among customers.

In the North American Free Trade Agreement (NAFTA) region, which includes the US, Canada and Mexico, Mercedes sold 400,320 cars, a 1.3% improvement over 2016's results. This amounts to a growth of 28% for the Swedish manufacturer.

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