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Mercedes-Benz India Leans on Top-End Models with Launch of AMG CLE 53 Coupe

CEO Santosh Iyer frames record GST collections with robust GDP forecasts as indicators of market strength vulnerable to geopolitical headwinds.

Overview

  • Mercedes-Benz India reported flat-to-single-digit growth in the domestic luxury-car market, with overall expansion pegged at 4–5 percent year-on-year.
  • CEO Santosh Iyer said top-end and core segments continue to see strong demand while the entry-level luxury vertical has contracted.
  • The company has rolled out eight product launches so far in 2025 to boost its premium mix, the latest being the AMG CLE 53 4MATIC+ Coupe priced at Rs 1.35 crore ex-showroom.
  • Iyer pointed to record GST collections and positive GDP projections as evidence of supportive domestic economic tailwinds.
  • Leadership warned that escalating geopolitical tensions could introduce volatility and temper future growth momentum.