Folger says he is 'quite satisfied with overall sales performance'.

Folger further added, "The second half of the year promises to be extremely exciting, as there is a pent-up demand for our products and we are hoping for a positive decision.

"We will witness some of the most fascinating product introductions including the ones without a predecessor, rolling-out some industry benchmark service initiatives, further expand our network into new markets, as well as some key growth announcement for Mercedes-Benz. We are keenly looking forward to a long-term policy roadmap for the auto industry, which is a key contributor to India's GDP and ‘Make in India' campaign."
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