We’ve also clearly laid out a very strong roadmap for 2023, with six key areas, the first one being, how we act as a luxury brand. So, that shows that we are able to produce more and give more to the market. In fact, it was the best quarter we’ve had in our history. But we’ve had a very good fourth quarter.
So, we’re doing everything possible with our production colleagues to see how we can maximise production with whatever constraints on the supply side that we have.
Today, on an average we have three to nine months of waiting period, and we have an order backlog of more than 6,000 customers waiting for cars. The first priority is to see how we can reduce the waiting period for our customers. What’s the first order of business as the newly-appointed CEO & MD of Mercedes-Benz India?
As he takes on the big job, in a wide-ranging conversation with Moneycontrol, Iyer spoke on fortifying Mercedes-Benz India’s rapidly-growing top-end segment, clearing up the backlog of orders on priority, and remaining cautiously optimistic for what’s shaping up to be a truly momentous year in his career, among others. Not one to mince words and always to the point, Iyer has been instrumental in making Mercedes-Benz the market leader in luxury in India for eight consecutive years, with the last one witnessing its highest-ever growth rate of 41 per cent. “We won’t be localising production of new models until we’re able to bring stability to sales,” says Mercedes-Benz India’s newly-appointed Managing Director (MD) & Chief Executive Officer (CEO) – the first-ever Indian to be appointed to that position – Santosh Iyer.
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