Mercedes-Benz Car Sales 2024, Annual Sales, January to December Sales Data

Mercedes-Benz Car Sales 2024

By selling a total of 19,565 units in India in 2024, Mercedes-Benz made a record last year. No doubt, company sales fall in a tough situation for all car manufacturers. The fact is that the Mercedes-Benz has the first position in the Top-End Vehicle (TEV) segment. The company’s Top-End Vehicle grew up 30% year-on-year. Mercedes-Benz India makes the country’s largest luxury cars and in 2024 it reported its highest-ever annual sales of 19,565 units in 2024.

Have a Look at the Stats -

Mercedes-Benz Car Sales 2024: 19,565 units sold in 2024, marking a 12.4% increase over 2023

TEV Growth: Grew by 30%, contributing to 25% of total sales

Battery Electric Vehicle Surge: BEV sales rose by 94%, accounting for over 6% of total sales

Milestone: Cumulative sales of 200,000 units in India since 1994; 100,000 units sold in the last six years.

Financial Services: Its Financial Services portfolio crossed Rs 10,000 crore of which 50% of vehicles sold were financed through the service

In 2023, the company sold a total of 17,408 units which is 12.4% less compared to year 2024 sales. It can be said that the growth was a double pace for the overall luxury car market. If talk about the overall Indian luxury car market, it has grown by 6% in 2024.

In India, the company has been operating for more than three decades and continuously offers world-class luxury cars to its consumers. It has seen a robust demand in the market for luxury vehicles last year. The company’s Top-End Vehicle (TEV) segment records mind-blowing growth of 30% year-on-year. Such category includes models such as the Mercedes-Maybach S-Class, GLS SUV, and EQS 580.

Not only in this segment but also there is mind-blowing growth can be seen in the company’s battery electric vehicle (BEV) portfolio. Battery electric vehicle sales increased by 94% compared to the previous year. In the last year company introduced many BEV models, including the locally produced EQS SUV 580 and the Mercedes-Maybach EQS SUV. With the help of such models company could be able to put its strong foot into the Luxury EV market.

Mercedes-Benz Global Sales 2024

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