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Mercedes posts 79% growth for January-June 2010

Mercedes posts 79% growth for January-June 2010
PTI
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First Published: Thu, Jul 01 2010. 10 41 PM IST
Updated: Thu, Jul 01 2010. 10 42 PM IST
Kolkata: Mercedes-Benz India said on Thursday it has posted a sales growth of 79% in terms of the number of cars sold in the first six months (January-June) of this year.
“In 2010 January-June period, we sold 2,402 cars, which is a 79% growth over the same period last year,” Mercedes-Benz managing director and CEO Wilfried Aulbur said.
Among Mercedes’ models, the E-class witnessed a 137% rise in sales, while its M-class cars achieved a 60% growth during the period.
Mercedes sold a total of 3,250 cars during the year 2009.
Aulbur who was here to launch the E-class coupe and the new state-of-art Interkraft showroom here, said the eastern region registered 100% growth during the first six month of 2010.
He said the company did not want to predict numbers. “We will continue to finish the year with strong double digit growth as the current momentum continues.”
Asked about competition from another luxury car-maker, BMW, Aulbur reiterated that the company was not running after numbers, as it was aiming at ‘profitable´ growth.
He said penetration of luxury cars in India was much lower than emerging markets like China and Russia.
Speaking about the company’s low-floor city buses, he said these Pune-made buses were being tested and were expected to be on roads by Q3, 2011.
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First Published: Thu, Jul 01 2010. 10 41 PM IST
More Topics: Mercedes | Wilfried Aulbur | Luxury | Cars | E-class |