Mumbai, April 11 -- Luxury carmaker Mercedes-Benz India said on Thursday that its total sales in financial year 2023-24 stood at 18,123 units, a 10pc year-on-year increase and also its highest ever sales in a year.

The sales were primarily driven by strong demand, product line-up, and innovative financing schemes.

Mercedes India sold 16,497 units in 2022-23.

The carmaker said that it also clocked its best-ever quarterly sales in the January-March period of 2024 at 5,412 units, registering a 15 percent year-on-year jump compared to 4,697 units in the same period of 2023. In March this year, the company recorded its highest single-monthly sales ever in India.

As per a media release, one out of four cars sold by Mercedes-Benz India in Q1 2...