|
| Mercedes posts 79% growth in 1st half of 2010 |
| Press Trust of India / Kolkata Jul 01, 2010, 17:13 IST |
|
Mercedes-Benz India today said it has posted a sales growth of 79 per cent in terms of the number of cars sold in the first six months (January-June) of this year.
"In 2010 January-June period, we sold 2,402 cars, which is a 79 per cent growth over the same period last year," Mercedes-Benz Managing Director and CEO Wilfried Aulbur told reporters here.
Among Mercedes' models, the E-class witnessed a 137 per cent rise in sales, while its M-class cars achieved a 60 per cent growth during the period.
Mercedes sold a total of 3,250 cars during the year 2009.
Aulbur who was here to launch the E-class coupe and the new state-of-art Interkraft showroom here, said the eastern region registered 100 per cent growth during the first six month of 2010.
He said the company did not want to predict numbers. "We will continue to finish the year with strong double digit growth as the current momentum continues."
Asked about competition from another luxury car-maker, BMW, Aulbur reiterated that the company was not running after numbers, as it was aiming at 'profitable' growth.
He said penetration of luxury cars in India was much lower than emerging markets like China and Russia.
Speaking about the company's low-floor city buses, he said these Pune-made buses were being tested and were expected to be on roads by Q3, 2011.
|
|
|
|
|
|
|
|
|
|
 Read Business news in |  |
|
|
|
|
|
|
Advertisements |
|
|
|
|
|
|
|
|
|
|
Content Guide
