Mercedes Benz sales decline 2% in 2016
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NEW DELHI: German luxury car maker Mercedes Benz today reported sales of 13231 units in 2016, a marginal decline over 13502 units sold in the previous year.
Sales for the company dropped by around 2% last year amid challenges arising from the eight month-long ban on larger diesel vehicles in the National Capital Region (NCR), the imposition of infra cess in the union budget and subsequently weak consumer sentiments post demonetization of high-value currency notes in November.
Roland Folger, Managing Director & CEO, Mercedes-Benz India said, “2016 was a challenging year, but our sales achievement makes us bullish for 2017 and gives us confidence for the mid to long-term growth prospect of the market. We are hopeful of a stable business environment and long-term roadmap for the luxury auto industry in India, which has the potential to grow and contribute more to the economy.”
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