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Sold 1.8 times more cars than our closest rivals: Mercedes-Benz India CEO

The luxury segment is down by more than 20% in the first nine months of 2019, says Martin Schwenk, MD & CEO, Mercedes-Benz India

Mercedes Benz India CEO
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Mercedes Benz India CEO Martin Schwenk

T E Narasimhan Chennai
Even as the Indian car market and the luxury segment in it has been seeing a downturn in the recent past, Mercedes-Benz has reported double digit growth in the last quarter ended September compared to previous quarter. With a wide product offering and innovative marketing solutions, the company is expected to launch a product offensive soon to grow sales, says Martin Schwenk, MD & CEO, Mercedes-Benz India in an interaction with T E Narasimhan. Edited Excerpts:

You said demand is better month on month, compared to year on year. Is it for the industry or for Benz? Where is this

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