It’s been quite the year for Mercedes-Benz globally. The company has faced strong headwinds when it comes to sales globally, however, it has managed to stay right at the top of the luxury vehicles business. Mercedes-Benz sold 23,85,400 vehicles in the fiscal year 2019, and thus slightly topped the record level of the previous year (23,82,800). Mercedes-Benz Cars’ revenue increased to 93.9 billion Euros (2018: 93.1 billion Euros) and though this is not much, the profits have certainly increased. But the company is not holding out on bringing new cars to the global markets. Mercedes-Benz will continue its product and electrical offensive in the current year: The company has confirmed that it will launch the new generation S-Class and the EQA all electric compact SUV by the end of 2020. While India will not see both the cars so soon, we expect a launch in early 2021. The test mule of the new-gen S-Class has been caught testing in Europe on multiple occasions Mercedes-Benz Vans will also be expanding its product portfolio to include the all-electric EQV van. In addition, the model range will also include numerous variants with plug-in hybrid drivetrain and 48-volt technology. Overall, Mercedes-Benz plans to quadruple the… Read full this story
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