Mercedes Benz registers 40 percent sales growth
September 2nd, 2011 - 7:06 pm ICT by IANSKolkata, Sep 2 (IANS) Automobile major Mercedes Benz has posted 40 per cent sales growth during the first eight months of this year in India, a top executive of the company said Friday.
“The company?s sales grew by 40 per cent during January to August 2011 to 4,890 units compared to 3,495 units during the corresponding period last year,” Debashis Mitra, Mercedes-Benz India director (sales & marketing), told reporters on the sidelines of the new Mercedes Benz C-class launch here.
Mitra said the company plans to foray into retail leasing from September this year to capture larger market share of the luxury car market in India.
Stating that individual or self leasing will open another channel of marketing for the company, he said: ?Corporate leasing generates 70 percent of corporate sales.”
?Mercedes Benz Financial will carry out the leasing activity,? he added.
- Mercedes launches the next-generation SLK 350 - Aug 11, 2011
- Mercedes to retail exclusive apparel and accessories - Sep 13, 2010
- Mercedes-Benz is official partner of Noida F1 track - Aug 24, 2011
- Mercedes-Benz sells 90 C-class cars' to Carzonrent - Jul 18, 2011
- Mercedes launches 3D stimulator, luxury apparels - Sep 08, 2010
- Mercedes-Benz sales soar - Apr 05, 2012
- Mercedes Benz to start finance arm - Jul 21, 2010
- Mercedes launches four-door coupe - Sep 08, 2011
- Mercedes-Benz India to hike car prices from May 1 - Apr 26, 2011
- Mercedes August sales zoom 112 percent - Sep 08, 2010
- Daimler AG gets RBI nod for non-banking finance company - Apr 25, 2011
- Daimler Financial Services bets big on lease deals - Jul 19, 2011
- Mercedes-Benz India notches 80 percent growth - Jan 10, 2011
- Mercedes Benz India logs record July sales - Aug 02, 2010
- Indian F1 promoters hope to break even in three years - Oct 18, 2011
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