Post Tagged with: "daimler"

Daimler Financial Services India appoints Fred Weick as new MD

Daimler Financial Services India appoints Fred Weick as new MD

Daimler Financial Services (DFS), the captive finance arm of Daimler AG, announced the appointment of Fred Weick as the new Managing Director of Daimler Financial Services India (DFSI). Established in 2011, DFSI was originally helmed by Sidhartha Nair, who has since moved on to a new role within the DFS group. Nair is now the Head of Strategy for the[Read More…]

by January 26, 2015 Finance, News, OEM, Web Exclusive
Rajsriya Automotive opens Powder Coating facility near Chennai

Rajsriya Automotive opens Powder Coating facility near Chennai

Auto components maker Rajsriya Automotive Industries Private Limited today inaugurated its powder coating facility at its Sriperumbudur plant. Situated at its sixth facility, the powder coating plant was inaugurated by the Managing Director of Wabco India, P Kaniappan. The Managing Director of Rajsriya Group, P S Govindachari said the new plant with an installed capacity to coat up to 30,000[Read More…]

by October 30, 2014 Corporate, News, Web Exclusive
The best plus for India is consistent growth: Erich Nesselhauf

The best plus for India is consistent growth: Erich Nesselhauf

Erich Nesselhauf has been involved in the Daimler India Commercial Vehicles’ greenfield project from 2008 and built the entire supplier base for the company, achieving a localisation of 85% for BharatBenz trucks at the start of production in 2012. Recently he was elevated as the Managing Director & CEO of the company. He shared his views with T Murrali on[Read More…]

by July 28, 2014 Interview
Daimler Financial Services completes 3 years of operations in India

Daimler Financial Services completes 3 years of operations in India

Daimler Financial Services India Pvt. Ltd. (DFSI), a 100% subsidiary of Daimler AG celebrates its 3rd anniversary in India. DFSI offers a full range of financing and insurance solutions to dealers & customers of Mercedes-Benz India & Daimler India Commercial Vehicles. It is the only captive financial services provider offering an Operating Lease solution to customers in the premium car segment.[Read More…]

by July 26, 2014 Finance, News, OEM, Web Exclusive
Wireless charging of electric drive and plug-in hybrid vehicles

Wireless charging of electric drive and plug-in hybrid vehicles

One of the next steps on the way to perfect electric drive and plug-in hybrid vehicles is wireless charging. Daimler and BMW have now agreed on jointly developing and implementing one common technology. Wireless charging of the battery will make the handling of electric drive and plug-in hybrid vehicles even easier. Mercedes-Benz will commence fleet testing of this “unplugged” technology with[Read More…]

Daimler India Commercial Vehicles starts production of Left Hand Drive FUSO Trucks

Daimler India Commercial Vehicles starts production of Left Hand Drive FUSO Trucks

Daimler India Commercial Vehicles Pvt. Ltd. (DICV), the wholly owned subsidiary of Daimler AG, Stuttgart, Germany along with Mitsubishi Fuso Truck and Bus Corporation, Japan (MFTBC), a Daimler Company, under Daimler Trucks Asia, rolled out its first Left-Hand Drive (LHD) FUSO trucks for the export markets at its state-of-the-art manufacturing facility in Oragadam.  The first heavy-duty truck – the FUSO[Read More…]

by July 8, 2014 Globescan, News, OEM, Web Exclusive
New Fuso trucks from Chennai enters Bangladesh

New Fuso trucks from Chennai enters Bangladesh

Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler AG, Stuttgart, Germany along with Mitsubishi Fuso Truck and Bus Corporation, Japan (MFTBC), again a Daimler Company, launched its DICV-made Fuso trucks in Bangladesh, making it the 6th strategic market since the start of exports in May 2013.  Bangladesh is one of the key markets in Asia for DICV-made[Read More…]

by June 10, 2014 News, OEM, Web Exclusive
DICV sells 10,000 BharatBenz trucks in 18 months

DICV sells 10,000 BharatBenz trucks in 18 months

After laying the foundation stone for a bus plant a month ago, Daimler India Commercial Vehicles (DICV) today announced that it has crossed the threshold of 10,000 sold BharatBenz trucks since market launch in September 2012. In addition to achieving the feat within 18 months of launch, the company also witnessed another milestone with sales crossing 1,000 units in a[Read More…]

by April 10, 2014 News, OEM, Web Exclusive
Daimler Trucks announces top management changes in its Asian operations

Daimler Trucks announces top management changes in its Asian operations

  Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Daimler India Commercial Vehicles Pvt. Ltd. (DICV), today reported important personnel changes in their Board of Management, which will be effective June 01, 2014. These changes have been decided by the Board of Management, Daimler AG, but as a formality are still subject to the approval by the Shareholders’ meeting and[Read More…]

Daimler and Evonik restructure lithium-ion activities

Daimler and Evonik restructure lithium-ion activities

Daimler AG and Evonik Industries AG are restructuring their activities in the field of electric mobility in Kamenz and Kirchheim/Teck, and are thus reflecting the changed market conditions. Daimler will acquire all of the shares held by Evonik in Li-Tec Battery GmbH (50.1 percent) and in Deutsche ACCUmotive GmbH & Co. KG (10 percent). This will make Daimler the sole[Read More…]

by April 1, 2014 Globescan, News, OEM, Web Exclusive