German auto major BMW has regained top slot in January-November period after a fierce battle for numbers with compatriot Mercedes Benz in the Indian luxury car market
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according to the latest Society of Indian Automobile Manufacturers (SIAM) figures, BMW has made a strong comeback and sold 5,345 units compared to 5,109 units sold by Mercedes Benz during the last 11 months of this year
BMW posted a jump of 60.17% during the period over 3,337 units sold in the corresponding period last year. Mercedes Benz's sales soared by 75.27% compared to 2,915 units sold in the year-ago period
BMW has an assembly facility at Chennai and had recently hiked its production capacity to 5,400 units per year on a single shift basis from 3,000 units earlier. It will further invest Rs 70 crore by 2012 to add more capacity.
