BMW overtakes Mercedes Benz in car sales

BMW one of the largest car manufacturers in From US has overtaken Famous luxury car manufacturer Mercedes Benz by selling most luxury cars in January 2009 in India. BMW sold 270 units of its luxury cars in this period which is quite far enough from Mercedes Benz's 170 units. Mercedes Benz is a quit popular brand name in India and company is enjoying no.1 status for quite a while. On the other hand BMW entered in Indian market just two years ago and in these two years company surpassed many luxury car makers even Mercedes Benz to achieve number one position in Indian market. Company is optimistic That this trend will remain continue in the whole 2009.

According to BMW president Peter Kronschnabl, “This year may not follow the same growth pattern as 2008, but we are bullish about the luxury car segment. We see a growth of 15-20% in BMW India this year,” Company is currently importing some luxury models like 7Series, X3 and X5. According to Mr. Kronschnabl the market demand is not so much that company need to start manufacturing here.