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MAZAK Variaxis i-500 5-Axis Vertical Machining Centre
With Mazatrol Matrix 2 Control. 
Year 2014. 
Ref 29776
With Mazatrol Matrix 2 Control. Year 2014. Ref 29776...
GM Machinery Ltd

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Daimler is third largest truck maker in India

Posted on 03 Jun 2014 and read 1362 times
Daimler is third largest truck maker in IndiaGerman vehicle maker Daimler has overtaken Eicher Motors to become the third-biggest truck manufacturer in India, less than two years after it first entered the market.

Daimler India Commercial Vehicles — the Stuttgart-based company’s wholly owned subsidiary — now has a 4.3% share of the heavy-duty truck market, according to sales data from the Indian Automotive industry for the first quarter of 2014.

Mumbai-based Tata Motors and Chennai-based Ashok Leyland dominate the Indian truck market, with 59% and 27% of the market respectively in the first quarter. Meanwhile, Eicher — based in the Indian city of Gurgaon — had 3.9% of the market.

Daimler, which is the world leader in truck manufacturing and the third-biggest maker of luxury cars, sells trucks under the Bharat Benz brand in India.

Florian Laudan, spokesman for Daimler India Commercial Vehicles, said: “We have been able to sell more than 10,000 trucks in the past two years, and we are the fastest-growing brand in the Indian commercial-vehicle market. Our strategy of adapting the best technology from our global portfolio for Indian customers has worked so far.”