Daimler to widen ties with Indian truckmakers -paper

Newswire

FRANKFURT, Aug 28 (Reuters) - DaimlerChrysler , the world's biggest maker of commercial vehicles, plans to expand ties with Indian truckmakers Tata and Eicher Motors as part of its push into Asia, a paper reported. DaimlerChrysler now has a 6.8 percent stake in Tata plus 3.6 percent of Eicher via Daimler's Mitsubishi Fuso unit. "We are holding talks with both companies to expand the current capital links and cooperation," trucks division chief Andreas Renschler told German paper ...

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