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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.

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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.

[caption id=“attachment_308865” align=“alignleft” width=“380” caption=“Courtesy: Getty Images”] [/caption]

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.

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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

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