Volkswagen to launch commercial vehicles in India

Volkswagen to launch commercial vehicles in India
German automaker Volkswagen has announced that they are going to enter the commercial vehicles market in India.
The company plans to start importing light commercial vehicles in the first half of 2009.
VW India added that they do not see any slowdown in growth in India and they are on their [...]

Daimler Hero Motor to invest $1.1 billion on expansion

Daimler Hero Motor to invest $1.1 billion on expansion
Daimler has announced that they along with Hero Group of India would invest around $1.1 billion in the next five years on expansion in the South Asian market.
Daimler Hero Motor is scheduled to start manufacturing trucks by 2010. They would initially sell them in the Indian [...]

Daimler and Hero group venture gets approval from Indian government

Daimler and Hero group venture gets approval from Indian government
The Union Cabinet has now given its approval to the proposed joint venture between Daimler and the Hero group.
The two companies had announced last year that they were going to collaborate on manufacturing light, medium and heavy commercial vehicles for the Indian market.
The government has now [...]

blank