Skip to content

Daimler Plans Indian Truck Brand


Click Here!

 Updated:
2/17/2011 10:20:00 AM

Daimler AG will begin selling a new brand of trucks in India next year, challenging former partner Tata Motors Ltd. as economic growth and new highways spur demand in that country, Bloomberg reported Thursday.

The Germany-based company will sell 6-ton to 49-ton vehicles under the BharatBenz brand, CEO Dieter Zetsche said.

Daimler may also consider exporting the trucks built at its Indian plant, he said in Chennai, India, where its facility is located, Bloomberg reported.

Daimler reported higher worldwide truck sales for 2010, and for the fourth quarter, in its annual earnings report released Wednesday.

Daimler AG is the parent company of Daimler Trucks North America, which makes Freightliner and Western Star trucks.

Click Here!

Daimler


© 2010, Transport Topics Publishing Group. All rights reserved.

RELATED ARTICLES

Daimler Plans Indian Truck Brand (2/17/2011 10:20:00 AM)
Daimler Posts 4Q Profit as Global, North American Truck Sales Improve (2/16/2011 8:25:00 AM)
Class 8 Truck Orders Soar 320% (2/14/2011 8:00:00 AM)
Cummins Maintains Top Spot in Heavy-Duty Engine Market (2/14/2011 3:15:00 AM)
DEF Industry Says It Can Meet Rising Demand (1/31/2011 5:00:00 AM)
Medium Truck Sales Up 24% in Biggest Month Since 2008 (1/24/2011 3:30:00 AM)
 

OTHER NEWS BRIEFS


Click Here!

Emil Estafanous, CPA, CFF, CGMA