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 AG close to announcing a Truck Deal for India
Daimler AG has said that they are very close to announcing a deal with an Indian partner to start manufacturing trucks for the Indian market.
A company executive said in a statement on the developments: “In India, we are very close to an announcement. We have found [...]