new Delhi. Luxury car maker Mercedes-Benz said on Wednesday that the company reported a 34 percent year-on-year increase in sales during the first quarter of 2021. The company sold 3,193 units in the period from January to March 2021 with a strong recovery.
The company said that this performance has been recorded with strong sales during January and February and furthermore the month of March has also seen good performance compared to the previous period. While the automobile industry faced a crisis last year due to the Kovid-19 epidemic, it is now on the path of recovery.
Mercedes-Benz India managing director and CEO Martin Schwenk said in a statement, “2021 has started as a strong sign for us and we are looking at substantial sales recovery this year. With the increasing availability of volume models The first quarter sales momentum in 2021 will form a strong foundation for further recovery in the coming quarters. “
Indicating a recovery in the luxury segment in the coming months, he said, “With a solid order bank for most of our volume model, we are quite confident of regaining growth in the coming months. So we introduce our new Buoyed by the increasing availability of models made, they are entering the second quarter with a positive outlook, which is associated with the introduction of some of the most awaited products and which will completely redefine the luxury segment. ” (IANS)
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