Trying to meet festive season demand despite supply chain woes: Mercedes Benz India
The company also said that in January-September 2023, it delivered 12,768 cars, registering a growth of 11 per cent as compared to the year-ago period.
Mercedes Benz India on Wednesday said it continues to face supply chain challenges amid the festive season demand but is trying its best to deliver as many cars to the customers during the period.
The company also said that in January-September 2023, it delivered 12,768 cars, registering a growth of 11 per cent as compared to the year-ago period.
"We thought the worst is behind us, but the supply chain challenges continue. We still have some risk coming out of certain components," Mercedes-Benz India Managing Director and CEO, Santosh Iyer said here.
These risks are "hitting" the company more on the SUV side -- on GLA, GLC and GLS, he said.
"We are still facing challenges when it comes to supply of components and parts," he said.
"Because of this, our production colleagues are not able to match up to the demand," Iyer added.
The company earlier unveiled its 'Vision Mercedes-Maybach 6' concept car.
"But in spite of all of this waiting (period) we are delivering cars and communicating with the customers (on deliveries)." he said.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SRH vs GT IPL 2024 Ticket Booking Online: Where and how to buy SRH vs GT tickets online - Check IPL Match 66 ticket price, other details
Top 7 SWP Mutual Funds: Rs 50 lakh investment, Rs 70K monthly pension for 10 years, and Rs 42.30 lakh balance value; know more details
Gold and Silver rate today (May 13, 2024): Precious metal under pressure; yellow metal near Rs 72,400, white metal above Rs 84,600
SIP Returns: How Rs 3,000, 5,000, and Rs 10,000 SIPs can help you build retirement corpus of Rs 1.06 cr, Rs 1.77 cr, and Rs 3.53 cr
03:14 PM IST