10 June, 2010

Mercedes-Benz forays into high-end city bus segment in India

According to the company, the market for high-end city buses is lucrative. It is estimated at approximately 500 units per annum and expected to grow by 20 percent each year.

"In India, our 2- and 3-axle luxury coaches have been received very well. We would now like to expand into the city buses segment," said Wilfried Aulbur, managing director of Mercedes-Benz India.

The assembly line will meet manufacturing needs of city buses as well as the already available 2-axle and 3-axle luxury coaches.

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