Marginal decline in sale of Mercedes - News Summed Up

Marginal decline in sale of Mercedes


Late August, the Supreme Court lifted nine-month-old ban on sale of 2-litre and above diesel models in the National Capital Region after companies agreed to pay 1% green cess to the government. By September we have petrol versions for all our models," Folger added. In the September quarter, Mercedes sales marginally declined to 3,327 units from 3,420 units a year ago. Since the Delhi-NCR market gives around 30% of volume to Mercedes, this forced the company to introduce petrol variants of all its models. In terms of products, we have launched eight and four more are in the pipeline," he said without giving details.


Source: dna October 17, 2016 13:49 UTC



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