Mercedes-Benz grows 30 percent in 2011

FP Archives December 20, 2014, 08:22:19 IST

He said the company finished 2011 on a successful note and started the new year with a range of initiatives to capture the robust growth in luxury segment.

Advertisement
Mercedes-Benz grows 30 percent in 2011

Kolkata: Mercedes-Benz ended 2011 with a strong growth of approximately 30 percent year-on-year against the backdrop of slowdown in the industry.

The company sold 7,430 units last year, as against 5,819 units in 2010, Mercedes-Benz India’s Director (Sales and Marketing) Debashis Mitra said today.

Mitra also said that there had been 10-15 percent growth in India during January-April.

Advertisement

He said the company finished 2011 on a successful note and started the new year with a range of initiatives to capture the robust growth in luxury segment.

Mercedes-Benz has dealership in 31 cities through 70 outlets in India.

Relationship of Mercedes-Benz with India dates back to the 1950s when it introduced trucks with local collaboration. The company established a world class production facility spread over 100 acre at Chakan, Pune, in 2009.

PTI

Written by FP Archives

see more

Latest News

Find us on YouTube

Subscribe

Top Shows

Vantage First Sports Fast and Factual Between The Lines