The global leader in small cars has seen the pace of sales growth slow to 2-3% in urban areas this fiscal.
A midsize vehicle, the Ertiga comes at competitive price points - lower than larger products like Honda BR-V, Mahindra Marazzo, Tata Hexa and Toyota Innova Crysta offered by competition in the MPV segment.
A senior executive at a leading Japanese car maker who did not want to be identified said the company has seen strong traction on the ground in both poll-bound states.
The company has increased production of the vehicle by 10 per cent to 94,000 units during April-October period of the current fiscal as compared with same period of 2017-18.
Apart from low crude oil imports, the report said the new plan has the potential to create 4 lakh new jobs.
Michael Jopp, vice-president (sales & marketing) at MBIL said the sales growth in the third quarter has to be read in the context of the high base of the previous year.
This four-door coupe is the twelfth launch for Merc this year.
Kanwar said Apollo Tyres is looking forward to a similar growth momentum in the next few quarters as well.
Total expenses in the quarter under review rose 14.2% to Rs 1752.82 crore.
Several manufacturers and dealers said that while wholesale numbers have picked up last month, the demand on the ground remained sluggish.
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