Ad Here  
March
April
May
June
July
August
 
 
AL introduces Guru & Partner Tata Motors bets on new launches Maruti – for young buyers Yamaha unveils scooter boutique TI Cycles plans retail expansion to drive sales for premium bicycles L & T set bigger ambitions in defence business Aurobindo Pharmacy: good turnaround Land wars LVB posts 31 per cent growth in Q1 net profit AL secures orders for 3600 buses Bajaj Finserv – Q1: fare well Last stages Rane targets Rs.5500 crore topline by 2018-19 Kone India eyes further growth in elevator market Consolidating leadership position in smartphones When small is not so beautiful… IOB on turnaround path Is this a generation gap? Forging industry worried over lower supply of steel and its price Tata Motors aims to be among the Top 3 global CV & PV firm Emami – a new growth mantra Sundram Fasteners rejigs international Daimler grows sales and share in India From the toughest to the best year TN government keen on revival of operations at Nokia complex Housing demand revival Mercedes-Benz sales continue to zoom Back in growth mode PPP model for infrastructure development E.I.D Parry (India) Ltd: another sweet year L&T bags the Mumbai Trans-harbour link order Shriram Life clocks more than Rs.1000 crore premium in 2015-16 Ode to Ratan Tata PSU non-life firms seek to protect share L&T profit up by 11 per cent Chinese smart phones flourish in small towns too! Tata Motors joins compact SUV bandwagon with Nexon Daimler’s truck exports from Chennai cross 5000 units Are they really independent? A welcome initiative-even critics are recognised A niche in FMCG business... Tata Steel, ThyssenKrupp sign MoU to merge European units It takes two to tango Record two-wheeler sales New India Assurance posts impressive show Carnival Films acquiring 3000 screens pan India The gainers and the losers Sivasankaran enters taxi space to take on Uber and Ola Tata Motors charts investments in PV and CV businesses Solar installations exceed 2015 capacity in five months M & M unveils driverless technology for tractors TVS Automobile invests Rs.75 crore in start-up firms Gamesa to set up a plant in Nellore Toyota and Suzuki to introduce EVs in India by 2020 TVS Srichakra plans capacity expansion 29 per cent jump in TCS revenues Right to privacy – now it’s fundamental! Nissan exit shouldn’t affect ALL L & T’s floating dock for navy Hindalco – re-rating Eyes strong growth in 2016-17 He excels in the nuts and bolts of entrepreneurship CAPITAL NOTES ITC chairman calls for policy impetus to transform agriculture HPCL plans Rs.61,000 crore capex over 5-years Tata gets 4-star rating for Zest Michelin to double Chennai capacity Wabco launches safety system AL wins Deming prize again Increasing market share Smartphone onslaught by Chinese brands The unexpected exit ITC – steep excise hike V-Guard launches app-enabled water heater system Dish TV – subscriber additions encouraging Titan Company – sales recovery to kick in Preparing for the next growth curve Hyundai India achieves 7 mn production at Chennai factory Vellayan is back, after 150 days Singur minus Nano – victory or folly? Smooth sailing of SAIL Welcome focus to improve rural India... Hyundai to focus on SUVs and AMT variants RoC in the dock... Ponni Sugars (Erode) Ltd: not so sweet 2012-13
 
Daimler grows sales and share in India

In the domestic market, Daimler India Commercial Vehicle (DICV), makes strong progress on the back of improving demand. Its double-digit growth in its Bharat Benz truck sales and gained market share in the Indian medium and heavy commercial vehicle (M&HCV) market during January-March 2016 quarter. Its sales stood at 4000 units during the first quarter of 2016 compared to 3600 units a year ago.  DICV has also started its bus business in India and has launched Bharat Benz brand of buses, built at its new bus plant at Oragadam near Chennai.

Meanwhile, Daimler has opened its regional centre for commercial vehicles in Chennai.

The German group opened its first regional centre for Commercial Vehicles in Dubai seven months ago. Now with the Chennai operations, the company has completed the regionalisation of its sales and service organisation for its commercial vehicle business in the central regions of growth. In Southern Asia DB has a total of six new regional centres.


Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com