MUMBAI, June 27 (Reuters) - DaimlerChrysler plans to assemble Mercedes-Benz trucks in India soon, to tap the growing demand to transport freight in Asia's third-largest economy, the company said on Wednesday. As a first step, it has received a "no objection certificate" from India's top truck maker, Tata Motors Ltd. , in which Daimler owns 6.8 percent. "This is a common procedure necessary if a foreign company with an equity stake greater than 3 percent in a domestic company would like ...
Premium Content (PAID Subscription Required)
"Daimler says to assemble trucks in India soon" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642