Infosys and Daimler AG entered into a multi-year agreement in FY 2014 Q2.It pertains to management of infrastructure services and data centers, providing e-collaboration and middleware services alongwith overseeing database operations.
Leading automakers BMW and Daimler have entered into a joint venture for the development of wireless charging for electric cars and plug in hybrids.
Daimler India Commercial Vehicles (DICV) along with Mitsubishi Fuso Truck and Bus Corporation (MFTBC) has started shipping DICV-made FUSO trucks to Indonesia, a key Asian market.
Bangladesh’s commercial vehicle market reports sales of about 10,000 units yearly. This includes buses, trucks and pick-ups. The major players in Bangladesh’ CV market are Indian manufacturers. Estimated growth stands at 10-15% per annum.
Daimler India Commercial Vehicles Pvt. Ltd has announced the launch of its DICV-made Fuso trucks in Bangladesh. This is DICV’s 6th market since exports began in May 2013. The new DICV-made FUSO trucks are designed and developed to meet Bangaldesh’ need for reliable and robust trucks.
Daimler: Net profit almost doubles in first quarter of 2014. Total unit sales of 565,800 vehicles at record level in first quarter. Revenue up by 13% to €29.5 billion Disproportionately high increase in Group EBIT to €1,787 million (Q1 2013: €917 million). Net profit of €1,086 million (Q1 2013: €564 million). Significant growth in unit sales and revenue expected. Group EBIT from ongoing business anticipated to be significantly higher than in 2013. Dr. Dieter Zetsche: “Our strategy is paying off; our investments are bearing fruit. We made a good start to the year, as expected.”
Subsidiary of German commercial vehicle manufacturers, Daimler AG, Daimler India Commercial Vehicles (DICV) have toppled Volvo Eicher CV JV in ranking, as far as heavy duty truck sales is concerned. Daimler is now the third largest heavy duty truck manufacturer in India, after Tata Motors and Ashok Leyland, which is noteworthy, considering the company only made an entry into India two years ago. For overall commercial vehicle segment, Volvo Eicher continues to hold the third place in India.
Daimler India Commercial Vehicles Pvt. Ltd. (DICV) has announced the departure of Mr. VRV Sriprasad as Vice President- Marketing, Sales and After-sales(AVP) wef 01 May 2014. R Ramesh AVP – Aftersales takes-over as Head – Aftersales & Exports. Mr. V Sreeram AVP – Sales will take-over as Head – Domestic Sales, Product Management & Network. Both heads will report to the Managing Director and CEO, DICV.