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Mercedes-Benz's Rs 3 crore G-class electric SUV sells out instantly at launch

share-iconThursday, January 09 comment-icon1 week ago 8 views
News sources:
indiatimesINDIATIMES
Mercedes-Benz's Rs 3 crore G-class electric SUV sells out instantly at launch

Credited from: INDIATIMES

  • Mercedes-Benz introduced its **Rs 3 crore** electric G-Class SUV, G580, in India, quickly selling out all **85 units** allocated for the market.
  • The launch comes after a successful year for Mercedes, with a **12%** increase in sales, totaling nearly **20,000 cars** last year.
  • Despite a flat entry luxury market, the **top-end vehicle segment** (cars above Rs 1.5 crore) saw a growth of over **20%**.
  • Mercedes plans to expand its **EV portfolio**, projecting EV sales to grow from about **6%** to **10%** in 2024.
  • The company is enhancing its sales network with **20 new outlets** this year, focusing on expanding into smaller towns and cities.

For the full article, visit: Times of India

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Mercedes-benz Electric vehicles G-class Luxury cars India Automotive industry
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Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

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