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Feb 28, 2013

TRUCKS: 25% DISCOUNTS from DAIMLER * India


* India - High OEM discounts hit resale value of trucks - Daimler India: The discounts go as high as 25%, which was never offered in the history 

Chennai,India -The Business Standard, by T E Narasimhan -February 26, 2013: -- The German automajor Daimler today said that the high level discounts offered by few commercial vehicle majors is hitting resale of trucks... The company, which narrated that discounting is a reflection action by OEMs to the slowdown in the commercial vehicle industry, but it doesn't solve any problem. Speaking at the 'Commercial Vehicles Megatrend India' conference in Chennai today, organised by Automotive World, Marc Llistosella, CEO and Managing Director, Daimler India Commercial Vehicles said that the industry has been offering high discounts in the last five months and it affects the resale value of trucks...

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