DaimlerChrysler records 17 percent growth in sales
Top automobile manufacturer DaimlerChrysler is upbeat over registering a 17 percent growth in sales of its luxury cars in the first three months of this year. Wilfried Aulbur, managing director and CEO, DaimlerChrysler India, told a news conference here that the company recorded sales of 690 vehicles in this period. Presenting Mercedes-Benz S320 CDI L and Mercedes-Benz CL-Class at the brand showcase here, he said the company had sold 2,121 vehicles during 2006, a growth of 11 percent over 2005. 'We are expecting higher growth this year,' Aulbur said, refusing to give figures. While the S320 CDI L car costs over Rs.7 million, the on road price of the CL-Class is Rs.13 million. According to the CEO, south India was a significant market, accounting for 30 percent of their total sales in the country. 'Hyderabad is a hotspot for us. Not because of just information technology but also because of good infrastructure,' he noted. 'There is incredibly high demand for our prod...