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Aug 8, 2016

BharatBenz trucks * India: Double digit growth in sales

* Chennai - BharatBenz picks up speed in medium, heavy trucks segment

--- Daimler India Commercial Vehicles (DICV), part of the German automaker, has reported double digit growth in sales of its BharatBenz trucks... The trucks gained market share in the domestic medium and heavy commercial vehicle segment during the April-June quarter, the company said. Sales of BharatBenz grew 30 per cent to 3,900 units during the period, against year-ago period sales of 3,000 units... However, the numbers were lower than the 4,000 units sold in the January-March quarter... The total M&HCV (goods carriers) sales in the domestic market stood at 63,049 during the June quarter, against 53,332 units in the year-ago period. DICV’s market share increased to 6.2 per cent from 5.6 per cent... 
Chennai, India - The Hindu, by G BALACHANDAR - 31 July 2016

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