Mercedez-Benz India appoints Martin Schwenk as new Managing Director

Martin Schwenk will replace Roland Folger,who will assume a new position for Mercedes-Benz’s Thailand & Vietnam markets.

In the last three years under the leadership of Roland Folger, Mercedes-Benz India said the company has witnessed significant growth rates achieving the highest market share in the luxury car segment.

Roland Folger played a key role in formulating the brands growth strategy that includes market introductions of key products like the roll-out of the E-Class Long Wheelbase, qualitative expansion of the network footprint, and also the creation of the

Roland Folger, Managing Director & CEO, Mercedes-Benz India commented, “My India stint will remain memorable with rich experiences and fond memories.The warmth of our customers and people, the diversity of the country’s culture, and the unique business opportunitiesandchallenges that this market presents, is enormous and truly enriching."

"I am very satisfied about Mercedes-Benz India’s strong leadership position in the market and our relentless efforts in creating new benchmark in customer delight. Mercedes-Benz India is deeply committed to the Indian market and together we have created a valuable organization, which retains the coveted ‘Most Attractive Employer’ accomplishment. I am thoroughly convinced that the Star will achieve new heights with the new leadership of Martin Schwenk," he said.

Folger added, “In 2015, I came to India from Malaysia and will go back to the South East Asian markets of Thailand & Vietnam. While I am eagerly looking forward to my new assignment, there will be a bit of India always inside me.I appreciate all the invaluable and unconditional support that I received from my colleagues here and would also like to thank our investors who are the best and the most professional in the business.”