Log has written
TUESDAY, FEBRUARY 14, 2012

Pune: It’s 13 years since the Mercedes Benz started rolling out from a plant in Pune. But the lure of the three-pointed star remains as strong as ever. Other luxury players such as Audi and BMW may have also tasted success, but Benz still rules the Indian heart and mind.

Not surprisingly, it has announced its intention to sell more cars than ever in India this year. And the target looks justified, with the company having already sold more than 50% of its 2007 sales during the first five months of 2008.

The company has discarded its old name Daimler Chrysler India and changed its marketing strategy. The car maker has also evinced interest in the luxury bus segment and has partnered Sutlej Motors for creation of the bus body. The launch is scheduled for the second half of 2008.

To meet future requirements, Mercedes Benz is setting up a Rs350 crore manufacturing facility at Chakan in Pune on a 100-acre site. It plans to manufacture 5,000 passenger cars and 1,200 commercial vehicles annually.

In an interview at the Mercedes-Benz India headquarters in Pune, CEO Wilfried Aulbur talks about the Benz’s Indian journey till now.

Tags - Find More Articles On:
READ MORE ARTICLES BY:
blog comments powered by Disqus
Tata Motors Q3 net up 41% on strong JLR sales
Net profit Rs3,406 crore vs market forecast Rs2,613 crore; revenue rises 44% to Rs45,260 crore; shares...
Views | Recession signals on the high seas?
The crash in shipping rates is no longer a good indicator of an incipient downturn
Views | India’s fiscal headache
India cannot bank infinitely upon growth for fiscal deliverance
Views | Still mired in caste politics
Caste politics has become even more important in recent decades, especially after the collapse of mass...
Moody’s warns may cut AAA-rating for UK and France
Germany, EFSF triple-A rating unchanged; UK top-tier rating at risk by a major agency for first time;...