Daimler Plan to Sell More Buses in China, India and Russia

March 12, 2008
Last year Daimler's bus division rose by 8% to 39,000 vehicles.

German heavy vehicle manufacturer Daimler said March 12 it planned to expand its bus division in emerging markets such as Russia and India to boost global sales. "Daimler Buses aims in the long term to reinforce its position of number one worldwide by investing in new growth markets like Russia, India and China," the company said.

In Russia, "we are considering local production with the heavy truck division," the statement quoted bus unit head Harald Landmann as saying. In China, "we are cooperating with partner licensees," he added. In India, Daimler established a partnership in September. But a spokeswoman said: "We are looking for new partners" as well.

Unit sales in the bus division last year rose by 8% to 39,000 vehicles. The division manufactures the Mercedes-Benz, Setra and Orion brands.

In Western Europe, where the overall market for buses remained stable, Daimler Buses increased unit sales by about 6% to 6,950 vehicles, boosting its market share slightly to 26%.

Copyright Agence France-Presse, 2008

Popular Sponsored Recommendations

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

3 Best Practices to Create a Product-Centric Competitive Advantage with PRO.FILE PLM

Jan. 25, 2024
Gain insight on best practices and strategies you need to accelerate engineering change management and reduce time to market. Register now for your opportunity to accelerate your...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!