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.