Mercedes-Benz India MD flags ethanol roadmap gap as H1 retail hits record 9,768 units
MD Santosh Iyer reports record H1 retail of 9,768 vehicles and a 2,000-unit order book, with a planned 1-2% price hike amid currency volatility. He urges a policy roadmap for higher ethanol blending that addresses older vehicles. Top-end models make up 28% of the portfolio.
Mercedes-Benz India MD Santosh Iyer reports record H1 retail of 9,768 vehicles, a 2,000-unit order book, and plans a 1-2% price hike amid currency volatility. He urges an ethanol-blending roadmap addressing older vehicles.