German luxury carmaker Mercedes-Benz announced on Friday that it delivered 4,022 new cars to customers in the period January-March 2022, representing a 26% year-on-year growth.
“Mercedes-Benz ended the first quarter of 2022 with its highest-ever order book of over 4,000 units as it strives to produce more cars and reduce the current waiting list for its products,” the company said in a statement, noting that Revenue growth throughout the first quarter was also achieved against a backdrop of continued semiconductor shortages, global supply chain challenges and increasing operating costs for the company.
The company had sold 3,193 units in the January-March 2021 period.
Martin Schwenk, MD & CEO of Mercedes-Benz India said: “We are pleased with our sales performance achieved in Q1 2022, which lays a strong foundation for a long-term sales recovery. This achievement becomes important in the context of persistently strong headwinds such as semiconductor shortages, global supply chain disruptions and rising input costs.”
He added: “As the bank with the highest order volume in our history, we are confident of continuing this growth momentum in the coming months. However, we sincerely regret the delays in shipments to our customers due to the ongoing challenges in the global supply chain… and are striving to significantly reduce the wait time.”
For Mercedes-Benz India, the E-Class LWB sedan remains the best-selling model for Mercedes-Benz during the quarter and the GLC was the best-selling SUV, closely followed by the GLA and GLE luxury SUVs.