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  • Daimler India joins Bajaj Auto to smoke out BS-III vehicles

    Eric Nesselhauf, Managing Director of Daimler India Commercial Vehicles (DICV), said that some companies are deliberately trying to defer the transition to the higher emission standard.

  • Inspired by Make in India, Daimler sets up plant in Chennai

    Daimler India is following Prime Minister Modi's Make in India mantra. The company will soon be rolling out its new line of Bharat Benz buses from a facility near Chennai at an investment of Rs 425 crore. So what prompted Daimler to expand its manufacturing operations in India? CNBC-TV18's Jude Sannith reports.

  • Daimler ships India-made FUSO trucks to Trinidad & Tobago

    Daimler India Commercial Vehicles (DICV), a 100 percent subsidiary of Daimler AG along with group firm Mitsubishi Fuso Truck and Bus Corporation, has launched the FUSO trucks.

  • Diamler bets big on India

    Mercedes Benz has just completed two decades in India this year but the truck manufacturing division is just getting started. Daimler India commercial vehicles has entered its third year of operations and its Bharat Benz brand, has already become the third largest truck brand in the country.

  • Looking at margins of 15%; revenue of 30-35%: Setco

    Setco Automotive is a tier 1 supplier of clutches to companies like Tata Motors, Bharat Benz, Ashok Leyland, Man India and Volvo-Eicher.

  • Daimler to invest Rs 425cr for bus manufacturing unit

    The proposed bus plant would come up in the existing plant campus itself on a 27.91 acre site and would manufacture front engine - school and staff buses - under Bharat Benz brand and rear-engine intercity luxury segment buses under Mercedes Benz.

  • Daimler captures 4th spot in India CV mkt

    CNBC-TV18's Farah Bookwala reports that the German truck-maker is aggressive on new launches and despite the deep-set weakness in the CV segment, it is still holding onto its no-discount policy.

  • Ashok Leyland to cut FY14 investments to Rs 400cr

    The Chennai-based company on Tuesday reported a much wider-than-expected net loss of Rs 142 crore, compared with a profit of Rs 67 crore in the year ago quarter. Its revenue in the April-June quarter declined 22 percent year-on-year to Rs 2,364 crore. Operating margins hit a low of 1 percent.

  • Tata Motors, Ashok Leyland slip on sluggish sales growth

    While medium and heavy trucks have had a bumpy ride over the last one year amid the overall economic slowdown, even small trucks like Tata Ace and Ashok Leyland Dost are now finding few takers.

  • Daimler rolls out first set of Bharat Benz trucks in India

    Daimler India Commercial Vehicles has finally commercially launched the first set of Bharat Benz trucks in the country, a move that is expected to shake up the commercial vehicle market, dominated by Tata Motors and Ashok Leyland.

  • The German invasion of the Indian trucking sector

    Daimler is getting ready for a full frontal attack to corner large segments of the Indian truck market, but incumbent Tata Motors isn't going to be a pushover

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