The country's top luxury carmaker Mercedes-Benz, which sold 13,231 units last year, is hopeful of a double-digit growth in 2017 as it expects the note ban impact to ebb soon.

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"With the effects of re-monetisation gradually driving in, we are hopeful that we will be able to maintain our sales momentum. Despite grave challenges like demonetisation and diesel ban, we achieved significant sales last year by selling 13,231 units," Merc India managing director and chief executive Roland S Folger told

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)