Mercedes registers whopping 50% growth in India

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Mercedes registers whopping 50% growth in India

The E-Class Mercedes marks 20,000 made in India cars for the company and this is perhaps fitting that it is an E-Class because almost half of all Mercedes cars sold in India are E-class.

For Mercedes, the Indian drive has been one of the most special. The company says it will grow more than 50 per cent in the next 2-3 years.

Mercedes Benz India MD & CEO Wilfried Aulbur says, "With the current developments, we are on a very good path and I am sure this path will continue for the next 5-10 years."

Last year, Mercedes sold 2,500 cars, which is more than half of India's luxury car market of 4,500 units. This year the company says it will sell more than 4000 units.

And it's not just cars, Mercedes has introduced the Actros range of trucks which will also contribute significantly to volumes.

source: ibnlive

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