Home / News / Martin Schwenk replaces Roland Folger as MD & CEO of Mercedes Benz India

Martin Schwenk replaces Roland Folger as MD & CEO of Mercedes Benz India

 In Sep 2015, Martin assimilated a Mercedes-Benz Sales Organization in China as a Chief Financial Officer.
In Sep 2015, Martin assimilated a Mercedes-Benz Sales Organization in China as a Chief Financial Officer.

Pune: German oppulance carmaker Mercedes-Benz India on Monday announced a appointment of Martin Schwenk as a new Managing Director and CEO of a India operations effective from 1st November, 2018.

Martin Schwenk will reinstate Roland Folger, who will assume a new position for Mercedes-Benz’s Thailand Vietnam markets. In a final 3 years underneath a care of Roland Folger, Mercedes-Benz India has witnessed poignant enlargement rates achieving a top marketplace share in a oppulance automobile segment.

Roland Folger played a pivotal purpose in formulating a brands enlargement plan that includes marketplace introductions of pivotal products like a roll-out of a E-Class Long Wheelbase, qualitative enlargement of a network footprint, and also a origination of a Vehicle Preparation Centre. In 2017, Mercedes-Benz India achieved sales story by channel a 15,000 annual sales number. During his reign in India, Roland Folger has also been instrumental in initiating an array of certain informative changes within Mercedes- Benz India and successfully pushing Daimler AG’s Expedition 2020 initiative.

Also see: In India BS-IV vehicles are reduction polluting than electric vehicles, says Mercedes India Chief

Roland Folger, Managing Director CEO, Mercedes-Benz India commented, “My India army will sojourn noted with abounding practice and lustful memories. we am entirely assured that a Star will grasp new heights with a new care of Martin Schwenk.”

Martin Schwenk who will take a new shortcoming of streamer Mercedes-Benz India from 1st November, 2018 has an Engineering grade from a University of Stuttgart and started his career during Daimler in 1992, by a Mercedes-Benz Trainee Program.

Afterwards, he has taken several vicious positions in Finance and Controlling in several locations, including Germany, South Africa, Austria and United States. In Sep 2015, Martin assimilated a Mercedes-Benz Sales Organization in China as a Chief Financial Officer. With his veteran insights and vital direction, he played a heading purpose on a swell of many vicious projects and business processes, and valid himself indispensable in defence a tolerable success of MB newcomer automobile business in China.

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