Mercedes Retains Top Slot Despite Marginal Fall In Sales

Mercedes-Benz Fit & Health Concept

Both BMW and Audi made record sales in 2016, but Mercedes' climb of 11.3% had been a lot more dramatic. Sports auto and performance brand Mercedes-AMG and the Dream Cars achieved double- digit growth rates in 2016, underlining Mercedes-Benz's strong dominance in the performance vehicle segment. The decline of 2% in sales is the first time since 2012 when the company closed a year with negative numbers. Folger said a series of initiatives, including a higher focus on performance cars under the AMG brand, helped maintain demand.

SUVs were the biggest draw for buyers in 2016, topping 700,000 sales with growth of 34.3 percent as the firm introduced new models.

On Sunday, Daimler informed investors that it sold 2.08 million Mercedes-Benz passenger cars in 2016.

The Germany luxury vehicle brand delivered 2.08 million cars across the globe in 2016, up 11.3 percent from 2015, Mercedes-Benz's parent company Daimler AG said in a press release.

Roland Folger, managing director & CEO, Mercedes-Benz India, said, "Clocking more than 13,000 for two consecutive years is an achievement for us, given the uncertainties and challenges we faced last year".

Speaking on 2016 sales, Frank Schloeder, acting President of BMW Group India said, "2016 has not been an easy year for the automotive industry and that applies equally to BMW Group India".

More news: Apple Invests $1 Billion In Softbank Vision Fund

BMW Group India in a press release said that it has delivered 7,861 cars to customers in the calendar year 2016. During the course of the year, developments in the Indian economy and policy framework shook the mechanisms of the auto industry.

Zetsche has presided over a renaissance in the design and technology of Mercedes vehicles, refocused the company on technological excellence and autonomous driving instead of short-term sales goals, and adapted the entrepreneurial mindset of Silicon Valley to the traditionally risk averse culture of Stuttgart.

Volvo Cars India also saw a steady increase in sales in 2016 with the launch of the new S90 sedan and the XC90 SUV still doing well in the market.

The carmaker also dethroned BMW and claimed the title for the top luxury carmaker of the past year in terms of sales.

Mercedes had achieved its best year ever by sales for the sixth time in a row, he added.

The Munich-based firm notched up growth of 5.2 percent over 2015's result, but couldn't hold Mercedes off the top of the sales podium. BMW continues to be in the third position, followed by JLR.

Related News:

  • Transport secretary Chris Grayling calls rail strikes 'not right, and not fair'

    Transport secretary Chris Grayling calls rail strikes 'not right, and not fair'

    Southern and Gatwick Express services will also face daily disruptions until further notice due to the overtime ban. Southern said it ran a handful of early trains from Brighton to London.
    Former Iranian president Akbar Hashemi Rafsanjani dies of heart attack

    Former Iranian president Akbar Hashemi Rafsanjani dies of heart attack

    In 2009, he sided with reformers who disputed that year's elections, although the hardline Mr Ahmadinejad won a second term. Rafsanjani was a skilled behind-the-scenes operator in the labyrinthine world of Iranian politics.

    Amazon Alexa Can Now Control Your DISH Hopper DVR

    The upper part has been created to give the right feels of levitation, what we normally refer to as "hover in the air" action. A couple of years ago, when companies like LG introduced a "smart" refrigerator, many laughed it off as being a bit much.
  • Sensex Hits Two-month High; Nifty Nears 8400

    Sensex Hits Two-month High; Nifty Nears 8400

    In addition, the Indian rupee weakened by 25 paise to 68.21 against a USA dollar from its previous close of 67.96 to a greenback. At 9.25 AM, the S&P BSE Sensex was trading 27,044, gaining 144 points while the Nifty50 was trading at 8,335, up 46 points.
    Flu season is nearly  over; are you in the clear?

    Flu season is nearly over; are you in the clear?

    Last year, the H1N1 virus dominated, while the year before was dominated by the strain H3N2, just like this year. People at higher risk of severe disease who show flu symptoms should contact their medical provider.
    California's Trump votes went to Hillary in Electoral College. That's unfair

    California's Trump votes went to Hillary in Electoral College. That's unfair

    Not coincidentally, the Electoral College was also a way to keep slave states happy by boosting their relative political power. Find the CNN feed at this link , MSNBC here at this link, and Fox News by clicking here .
  • Akhilesh meets Mulayam in his residence

    Akhilesh meets Mulayam in his residence

    The deal-breaker is the position of party president, usurped from his father by Akhilesh Yadav at a party meeting on January 1. He had earlier said that only he will decide who will be the Chief Minister if the Samajwadi Party is re-elected in UP.
    DEVELOPING: Sonny Dykes Out At Cal

    DEVELOPING: Sonny Dykes Out At Cal

    Sonny Dykes has been fired as head football coach at Cal, sources have confirmed to ESPN. The only bowl game the Golden Bears reached during Dykes' tenure came in 2015.
    Resisting the Congressional Watchdog

    Resisting the Congressional Watchdog

    That's according to a poll, released the same day critical tweets from Trump apparently prompted U.S. It appears campaign promises to drain the swamp were empty long before lawmakers took office.
  • York police arrest teenager over death of seven-year-old girl

    York police arrest teenager over death of seven-year-old girl

    In addition to the murder of Rough, the teenage suspect has been charged with possession of an offensive weapon, BBC reports . Katie was found with serious injuries in a field behind Alness Drive in Woodthorpe on Monday afternoon and died in hospital.
    Around the NFL: Osweiler back in saddle for Texans

    Around the NFL: Osweiler back in saddle for Texans

    During his only action of the season against the Broncos, Cook threw for 150 yards and a touchdown, along with one interception. Last season playing with four different QBs, Hopkins had a season for the ages (111 receptions, 1,521 yards, 11 TDs).
    Wayne Westner Cause of Death: How Did the Golfer Die?

    Wayne Westner Cause of Death: How Did the Golfer Die?

    So shocked to hear of the death of Wayne Westner , double former victor of SA Open and victor of Dubai Desert Classic. Westner was born in Johannesburg in 1961. "Great memories thank you my friend", Els said on Twitter .

Most liked

Ford Makes Huge Announcements At NAIAS Including Bronco And Ranger
I for one, hope this guy is wrong, simply because I want the new Bronco and Ranger to be very similar to their ancestors. Ford has confirmed that they will be bringing back the Ranger and the Bronco to North America.

Justice League team unites for battle in stylish new photo
Affleck is not just an Oscar-winning actor and director, he's also a proud father who knows very well the idols f his children. But if you're not going to answer our Batman questions, can you at least give us some more intel on the Justice League?

Detroit Motor Show: Volkswagen reveals long-wheelbase Tiguan
VW released images of the larger Tiguan on Sunday evening in advance of its debut at the 2017 Detroit auto show Monday. The wheelbase has been stretched 4, inches which should make for a smoother ride and more rear seat legroom.

'Carpool Karaoke' EP Previews Difference Between James Corden Segment, Apple Music Series
Carpool Karaoke began as a comic bit for Red Nose Day in 2011, when Corden and George Michael sang in a vehicle . Corden is involved in at least one episode, however, where he's joined by Will Smith .

Martin Shkreli was suspended from Twitter for 'targeted harassment' of a journalist
The emails say that she has messed up with the wrong person and she may have to bear the consequences for the same. In May 2016, Shkreli was charged in federal court with securities fraud, reported CNBC .

Government Steps In: Petrol Bunks to Accept Cards
He mentioned, "In a Retail Outlet there is no scope for returns or not being delivered a product once you have paid for the same". Petrol pump associations have deferred their decision of not accepting debit and credit cards for fuel purchase till 13 January.

A 'Charmed' Reboot Is Coming to The CW
After EW announced the reboot, both Combs and Milano took to Twitter to show their excitement and gratitude for their fans. Doherty's character Prue met her untimely demise halfway through the third season and was replaced by Rose McGowan.

Mike Tyson to train Chris Brown for Soulja Boy boxing match
The pair then engaged in a long war of words over social media , with Soulja Boy even calling out Brown's daughter Royalty. Stay tuned as we get a real response from 21 Savage, as well as official time, date, and place for the fight.

Clemson, Alabama arrive in Tampa for National Championship
Clemson had a solid program, a late-December-bowl kind of program, but it was escorted off the stage before the BCS games started. His college quarterback, roommate and best friend was Billy Napier , who is now the receivers coach at, you guessed it, Alabama .

Nissan's self-driving system contacts a human helper to resolve hard situations
In the above example, the mobility manager "paints a virtual lane for the vehicle to drive itself through". He talked about electric vehicles that can supply power to homes, buildings or even the grid itself.

Guru Gobind Singh's parkash utsav kicks-off with colourful Nagar Keertan
Celebration was underway in Patna to mark the 350th anniversary of Guru Gobind Singh at Takht Sri Patna Sahib on Thursday. A saint dedicated to God, he was a scholar of many languages, poet of soul-stirring poetry, warrior and apostle of love.

Texas 'bathroom bill' details to be unveiled today
Patrick says the " Privacy Protection Act " is a top priority for the GOP-controlled Legislature, which convenes next week. On Dec. 31, a federal judge in Texas ordered a halt to President Barack Obama's efforts to strengthen transgender rights.

HTC Vive 2017: Hand-Tracking VR Gloves, Strap With Built-In Audio & More
A view of HTC Vive during Advertising Week 2015 AWXII at the ADARA Stage at Times Center Hall on October 1, 2015 in New York City. Another compelling evidence of the falseness of the rumor lies with the release date of the current generation HTC Vive headset.

High-ranking CPD official to be chief of Oakland PD
She had strong support from city officials and police brass, but clashed with the police union over her discipline of officers. As part of the search, Schaaf held community meetings asking residents what qualities they wanted in Oakland's next chief.

Mobileye NV (MBLY) Stock Soars on Autonomous Vehicle Test
Intel is providing a broad set of technologies, including machine learning and artificial intelligence. BMW hasn't made this announcement today out of the blue.