Showing posts with label as source of trucks for emerging markets. Show all posts
Showing posts with label as source of trucks for emerging markets. Show all posts

Monday, September 22, 2014

Daimler to Use India as Source of Trucks for Emerging Markets

Daimler AG is targeting emerging markets with an unusual weapon: a line of stripped-down trucks it produces not in Germany, but in India.  Daimler is the world's largest truck maker by sales, with dominant positions in the Americas and Europe. But the German company faces growing competition from Chinese manufacturers, who are using their leading positions in China, the world's biggest commercial-vehicle market, to expand in emerging economies.

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