Folger, currently the President & CEO of Mercedes-Benz Malaysia and a Mercedes-Benz veteran for over three decades, will take the new responsibility of heading Mercedes-Benz India from October 1, 2015, the company said in a statement.
Under Kern's leadership during the past three years, Mercedes-Benz India has made a strong comeback to become the number one in luxury car segment in India.
During the first quarter of 2015, Mercedes-Benz sold 3,566 units, overtaking rival Audi, which sold 3,139 units. In January-June, the company's sales grew 41 per cent at 6,659 units as compared to 4,717 units in the year-ago period.
Commenting on the change, Kern said: "After heading India operations for three years, I can confidently state that in my entire three decades of Daimler career, the stint in India remains the most memorable one."
It is very satisfying to see immense growth of Mercedes-Benz in India as sales volumes nearly doubled from 2012 to 2015, he added.
After holding several positions in sales departments for Mercedes-Benz Passenger Cars and Commercial Vehicles with responsibility for the South East Asia region, Folger was appointed Vice President for Sales, Marketing and After Sales at Mercedes-Benz U.S. International, where he was part of the team that introduced the first M-Class in the USA.
In 2006, he joined Mercedes-Benz Vans division as Head of Product Management and Marketing Communication and two years later took over the responsibility for worldwide Sales of Vans in September, 2008.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
