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Daimler conducts feasibility to enter mini truck market bouyed by an e-commerce boom


Daimler conducts feasibility to enter mini truck market bouyed by an e-commerce boom
Daimler India Commercial Vehicle is likely to announce its future mobility plans in India in the coming quarter of which electrification is likely to be a key pillar.
Synopsis
The German automobile giant is currently undertaking a feasibility study that may possibly result in the maker of Mercedes Benz, Bharat Benz and Freightliner trucks creating a new range of sub-3.5 tonne vehicles that are estimated to have a pan-Asian demand of a million units.
MUMBAI: Size does matter - but the smaller the better it might well be for Daimler. ....

Bharat Benz , Mercedes Benz , Mini Truck , Ihs Markit , பாரத் பென்ஸ் , மெர்சிடிஸ் பென்ஸ் , மினி டிரக் , ஈஸ் மார்க்கிட் ,

Cost cuts, exports help Daimler halve India losses in FY20


Cost cuts, exports help Daimler halve India losses in FY20
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Synopsis
Led by improved operating performance and higher responsibility given to India by the global office in terms of development, sourcing and exports, DICV announced close to $300 million investment in India in May of 2020 for the period of next three to five years.
The maker of Bharat Benz truck registered a net loss of 109 crore for FY20 versus 230 crore loss incurred in FY19.
Mumbai: Despite a tough year for commercial vehicles in FY20, the Indian subsidiary of the world s largest medium and heavy truck maker Daimler halved its losses in India, backed by extensive cost cuts and boost to exports. ....

Bharat Benz , Tata Motors , Ashok Leyland , Cost Cuts , பாரத் பென்ஸ் , டாடா மோட்டார்கள் , அசோக் லேலண்ட் , செலவு வெட்டுக்கள் ,