Daimler records 37 pc rise in sales in 2015

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Press Trust of India Chennai
Last Updated : Feb 11 2016 | 7:22 PM IST
German commercial vehicle maker Daimler today said its sales rose by 37 per cent to 14,000 units in the domestic market on good demand for heavy-duty segment.
Daimler, which has introduced 20 products since its formal launch in 2012, had sold 10,200 units in 2014.
"2015 has been another successful year for us. With our portfolio of modern trucks, we have powered ahead on our growth course domestically in India and in our export business", Daimler India Commercial Vehicle Managing Director and CEO Erich Nesselhauf said in a statement.
The company last year also recorded the "four million" export mark of India-made parts to other Daimler Trucks facilities globally.
Stating that demand for products in 2015 grew, especially in the heavy-duty segment, the company said tailored products for mining and construction segments has resonated well with customers.
In 2015, Daimler unveiled its Rs 425 crore bus facility at its manufacturing plant in Oragadam near Chennai. It later introduced various models including BharatBenz branded high-powered engine trucks and heavy duty trucks.
"With important new BharatBenz product generations hitting the market in 2016, we are committed to sustainably grow our business as part of Daimler Trucks Asia", he said.
"Both in the medium and heavy duty segment we will once more raise standards and customer value. At the same time, India-made FUSO trucks will play a key role in opening up important growth markets in Asia, Africa and Latin America", he said.
Daimler India Commercial Vehicle sells nine tonne to 49 tonne trucks under the brand BharatBenz at the Oragadam factory set up at investment of about Rs 4,400 crore.
The company produces BharatBenz and Mercedes-Benz buses at the facility.
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First Published: Feb 11 2016 | 7:22 PM IST

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