Tuesday, December 2, 2008


Mercedes Benz India, the Indian arm of Daimler of Germany, is set to launch its premium AMG cars in India next week. The German giant will also showcase its entire product range in the next quarter to reverse the trend after a 20% fall in growth in October sales.

He admitted that markets are expected to remain depressed during 2009, but said the company would not go for a single layoff in India though its parent is reportedly moving towards a shorter working week for 47,000 employees in Germany. “We have 450-500 people working in India. We are not going for any layoffs here,” he said.

During October-November, Mercedes saw its sales dip 20% year-on-year to 175 cars. However, during January-September, the company reported an impressive 60% growth by selling 3,141 cars against 2,491 cars in the year-earlier period.


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