Friday, 24 March, 2023

Mercedes Aiming For Significant Growth In India In 2023 Despite Weak Rupee

<p>Mercedes Benz expects double-digit sales growth in India this year, despite concerns that a weaker rupee could increase car prices. Sales in India rose 41% last year to 15,822 cars, its highest ever in the country, and it has an order backlog of around 6,000 vehicles, Santosh Iyer, managing director for Mercedes-Benz India. A weakening Indian currency could force Mercedes to increase domestic prices as imported components get pricier.</p> <quillbot-extension-portal></quillbot-extension-portal>