German automobile manufacturer Mercedes-Benz said On Monday that Roland S. Folger will take over as the new managing director and chief executive of its India operations from October 1.
According to the company, Folger, who is currently the president and chief executive of Mercedes-Benz Malaysia will replace Eberhard Kern, who will assume a new managerial role in the European market.
"It is very satisfying to see the immense growth of Mercedes-Benz in India, as our sales volumes nearly doubled from 2012 to 2015," Kern said.
The company pointed-out that under Kern's leadership during the past three years, its production capacity, retail network and product portfolio were expanded.
In 2014, the company achieved history by crossing the five digit sales mark.
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