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After witnessing a dismal 2013-14 fiscal year, the Indian commercial vehicle industry is not exactly set for a recovery in the current fiscal, says independent rating agency ICRA. According to the agency, the degrowth for the 2014-15 fiscal year will rest at 6,36,000 units, marking a drop of 19.7 percent over the current fiscal. This, ICRA says, would be lower than the industry volume in 2010-11 –...

Daimler India Commercial Vehicles Pvt. Ltd. (DICV), the 100% wholly-owned subsidiary of Daimler AG, said that it has sold 10,000 trucks since its market launch in September 2012. In September 2013, a year into its launch, DICV announced that it had sold 5,000 trucks. BharatBenz launched four new models, including the 4023 pictured here, in January this year. While it took the company a year to sell...

Daimler India Commercial Vehicles (DICV) today laid the foundation stone for its new bus manufacturing facility in Chennai. The new plant will get an installed capacity of 1,500 buses and this can be expanded to 4,000 subsequently. The plant will manufacture and assemble buses under both the Mercedes-Benz brand and BharatBenz brand, marking the introduction of the BharatBenz brand of buses in India....

Daimler India Commercial Vehicles has just launched four new models in the medium/heavy duty segment. With these four, BharatBenz announced that it is present in all segments ranging from 9-49 tonnes with a total of 17 models. Three tractor-trailer models including the BharatBenz 4023, 4028 and 4928 and one construction/mining model, the 3128, were launched in Mumbai. During the launch, it was announced...

India’s Department of Industrial Policy and Promotion (DIPP) is mulling over a US-style ‘cash for clunkers’ scheme to hit multiple fruits in one stone, cites an Economic Times report. If enforced, the Rs 1,000 crore package could see close to 100,000 old diesel-guzzling trucks off the road. A Rs 1,000 crore stimulus package for the CV industry is eliciting positive responses but the...

Bangalore Metropolitan Transport Corporation (BMTC) will soon run a Chinese-built electric bus to gauge its use in the city, The New Indian Express reports. A single BYD K9 bus is housed in a bus depot, waiting for approval from the regional transport authority, before being put into its paces. BYD K9 The officials at BMTC will run the test mule for around 3 months before making a decision on purchasing...

This is still India and you read the title right. The capital will host the trials for hybrid powered three-wheelers, mini busses and busses from August, reports the Times Of India. The government apparently, wants to explore the use of alternative fuel based transportation which is expected to come with certain subsidies. A review conducted […]

LDT Launch BharatBenzLDT launch-BharatBenz trucks

Continuing its India strategy to launch 17 new models in the next 20 months, BharatBenz has introduced three new models in the Indian Light Duty Truck (LDT) segment.