CRISIL downgrades Mercedes-Benz India by a notchCRISIL cut the creditworthiness to AA+ with negative outlook from triple-A/negative on long term bank credit facilities up to Rs 1,500 cror...
07 Apr, 2020, 07.15 PM IST
Truck maker Daimler announces six non-production days due to slow demandThe company manufactures and exports trucks under the Bharat-Benz, Mercedes-Benz, Fuso and Freightliner brands from its factory off Chennai.
27 Sep, 2019, 04.43 PM IST
Daimler to make India export hub, to serve Latin American markets initiallyThe company also said it will officially launch the upgraded range of BS-VI trucks and buses in the first quarter of 2020 for the domestic ...
10 Sep, 2019, 07.42 PM IST
Marc Llistosella to leave Daimler AG, Hartmut Schick to succeed him as head of Daimler Trucks AsiaMarc Llistosella decided to leave the company on "his own accord", said the statement from the company on Tuesday.
19 Dec, 2017, 07.15 PM IST
Daimler looks to more than double bus sales in India this yearDICV has invested Rs 425 crore to produce buses from its Oragadam plant near Chennai with an initial capacity of 1,500 units per annum, sca...
19 Apr, 2017, 05.23 PM IST
Daimler showcases India-made trucks, eyes more global marketsFocusing on future trends, the company showcased an all electric Mercedes-Benz Urban e Truck, all electric Fuso eCanter and Mercedes-Benz F...
21 Sep, 2016, 01.30 PM IST
Daimler ships India-made FUSO trucks to Trinidad & TobagoThe company is producing five models across 25-49 tonne, 9-16 tonne categories. Currently, the trucks are exported to Sri Lanka, Kenya, Zam...
27 Apr, 2015, 08.04 PM IST
Daimler CV ties up with KVB Bank for commercial vehicle loansKVB General Manager M Balachandran said collaboration between KVB and DICV would provide customers easy and seamless financing solutions.
06 Jan, 2015, 06.55 PM IST
Daimler to invest Rs 425 cr to set up bus manufacturing unitThe company has a truck manufacturing facility spread over 400s acre at Oragadam, about 45 kms from here, set up at an investment of Rs 4,4...
06 Mar, 2014, 06.27 PM IST
Daimler AG to hire 800 in India for boosting R&D operationsAutomotive major Daimler AG said today it plans to hire 800 professionals in India to boost Mercedes-Benz research and development team in ...
22 Feb, 2013, 07.54 PM IST
- 'Infiniti' could share Mercedes' small-car platform
The CEOs of Daimler AG and Renault-Nissan are saying that their 18-month old strategic partnership is going so well it could be expanded.
14 Sep, 2011, 06.35 PM IST
- Daimler Financial Services eyes $500 million in contract volume in 5 years
The Indian operations of Daimler Financial Services, a 100% arm of Daimler AG, aims to reach a contract volume of $500 million in the next ...
19 Jul, 2011, 02.44 PM IST
- Daimler AG forays into financial services space in India
Germany-headquartered Daimler AG today forayed into the financial services space in India with the establishment of a new Daimler Financial...
19 Jul, 2011, 12.43 PM IST
- Daimler recalling 85,000 Mercedes-Benz over power steering
Daimler AG is recalling about 85,000 Mercedes-Benz vehicles in the United States to prevent a loss of power steering fluid.
11 Oct, 2010, 10.10 PM IST
- Daimler raises earnings outlook after Q2 profit
Car maker Daimler AG say it made a second-quarter profit of euro1.3 billion (nearly $1.7 billion) and has raised its full-year outlook subs...
27 Jul, 2010, 03.57 PM IST
- Daimler CEO sees cost cuts in all divisions
German automaker Daimler AG, whose brands include Mercedes-Benz and Smart, will see more cost-cutting efforts as it adjusts the global econ...
08 Apr, 2009, 01.27 PM IST
- Mercedes' cars global sales rise 1 pc in July
Carmaker Daimler AG said Wednesday its Mercedes-Benz Cars division sold 105,100 vehicles globally last month, a 1-per cent increase from la...
06 Aug, 2008, 08.37 PM IST