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Santosh Iyer to lead Mercedes-Benz in India

Iyer took over as the Vice President, Sales and Marketing in July 2019, and led Mercedes-Benz’s digital transformation of business and achieved the highest ever-online sales penetration…reports Asian Lite News

Santosh Iyer, currently the Vice President, Sales and Marketing, Mercedes-Benz India, will become the first Indian to head the luxury car maker’s India operations as its Managing Director and CEO from January 1, 2023, the company said.

On the same day, incumbent Martin Schwenk will assume charge as the President and Chief Executive Officer, Mercedes-Benz Thailand.

Associated with Mercedes-Benz India since 2009, Iyer, 46, has been in leadership roles across diverse functions including sales, marketing, customer services, internal communications, and CRM.

“Iyer is the first Indian to head Mercedes-Benz India,” a senior company official told IANS.

In 2016, he began as Vice President, Customer Services and Retail Training business.

Iyer took over as the Vice President, Sales and Marketing in July 2019, and led Mercedes-Benz’s digital transformation of business and achieved the highest ever-online sales penetration.

He also laid a strong foundation for Data Analytics and pioneered online sales with its share exceeding 15 per cent of total sales.

A graduate in commerce from Mumbai University, Iyer is a MBA from University of Indianapolis and holds a Masters in Corporate Governance and Compliance from the University of Lake Konstanz, Germany.

In the last four years under the leadership of Schwenk, Mercedes-Benz India strengthened its position as the leader in the luxury car segment in the country, achieving the highest market share.

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2022 set to redefine’ luxury’ on wheels

In 2022, it will launch the first-ever all-electric luxury sedan, the EQS for Indian customers…reports Asian Lite News

Luxury carmaker Mercedes-Benz India on Wednesday reported a rise of 42.5 per cent in its 2021 sales on a year-on-year basis.

The company’s sales rose to 11,242 units during the period under review from 7,893 units sold in 2020.

“The year 2021 remains a strong foundation for creating a robust and sustainable roadmap for the future, reiterating the overwhelming trust and loyalty of our customers, who preferred a Mercedes-Benz to other brands,” Mercedes-Benz India Managing Director and CEO Martin Schwenk, said in a statement.

“2022 will be another milestone year as we aim to lead the luxury EV segment by expanding our EV portfolio with the debut of the first-ever all-electric luxury sedan from Mercedes-Benz, the EQS,” he said.

In 2022, it will launch the first-ever all-electric luxury sedan, the EQS for Indian customers.

According to Schwenk, after pioneering the localisation of performance vehicles in India with the AMGs, the company has decided to start the local production of the EQS.

“Over the course of the year, the company will also commence the local production of this luxury EV in India,” the company said in the statement.

“As a part of its product offensive for the Indian customers in 2022, Mercedes-Benz will launch some of the most desirable and exhilarating products such as the exquisite new ‘S-Class Maybach’ and ‘EQS’ along with many other exciting offerings from the AMG portfolio.”

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