Pune, Apr 9 (UNI) Auto Major Daimler-Chrysler rolled out the 20,000th passenger car in the 'E' Class to mark a milestone in the luxury car segment, here today.
Speaking on the occasion, Managing Director and CEO of Mercedes-Benz India, Dr Wilfried Aulbur said, ''The Indian market is growing rapidly and the growing economy is fostering our growth. The luxury segment has grown and we have already registered sales of 60 per cent over the previous.'' ''We have aggressive plans for the future and will enter the commercial bus segment in the latter half of the year. Besides we have plans to bring out more variants in the passenger segment in the future. We already have 13 variants in India, but are now looking at different business models that are sustainable,'' Dr Aulbur said.
Dr Aulbur informed that in India, the company had presence in 28 cities for luxury passenger cars, while the Actros was popular with miners.
With the introduction of commercial buses comparable to the Volvo in price and much more in comfort, the company intended to expand its customer base in various segments specially inter-city, he said.
When asked about the new location at Chakan, Dr Aulbur said they would be shifting early next year, but there would not be any major capacity addition. He said that the company had successfully tested some bio-fuels that could have hundred per cent application to the vehicles. ''Only some pipes will have to be changed for the fuel,'' he said.
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