Mercedes-Benz India expects 10% increase in sales
Published On Jun 12, 2009 12:18 PM By Ritesh
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Mercedes-Benz India is hoping around 10 per cent increase in the sale in the next one year and also plans to expand its network across auto industry.On Friday, Mercedes-Benz India MD and CEO Wilfred Aulbur told reporters while inaugurating a new showroom in Ahmedabad. He said that a stable UPA government at Centre might impress the growth of the auto sector and the company. He added that the industry is hopeful of a positive budget. We will be investing about Rs 150 crore in expanding our sales and service network across India. Our focus will be on the C class and S class models, Aulbur said. Major portion of the funds for expansion will be pumped in by our dealers, he added. It may be recalled that the company saw low sales for the last quarter in 2008-09 as compared to year 2007-08.