Daimler Trucks is investing 300 Million € Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Daimler India Commercial Vehicles (DICV) to create further sales growth. The investment will span from 2014 to 2018. By 2020, approximately 290,000 FUSO and BharatBenz vehicles are expected to be sold worldwide.
Dr. Albert Kirchmann, Head of Daimler Trucks Asia and MFTBC President & CEO, said on the occasion of the Tokyo Motor Show: “With the investments, we are expanding our existing sales and production network in order to take advantage of future sales potential in Asia and Africa.” Dr. Kirchmann added: “Thus, we are investing in the future of a strong team from two cultures. I am proud of the team from Japan and India, which is working together hard in order to bring the right products for the future markets on the road.”
This investment announcement does not address other markets such as North America.
“Daimler Trucks Asia is bundling the activities of Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Daimler India Commercial Vehicles (DICV) for further sales growth Daimler Trucks Asia will invest additional 300 million euro in the extension of the sales and production networks for FUSO and BharatBenz trucks from 2014 to 2018
New FUSO truck from DICV production celebrates international trade fair debut at Tokyo Motor Show. The Japanese Daimler subsidiary, Mitsubishi Fuso Truck and Bus Corporation is presenting itself at this year’s Tokyo Motor Show under the motto “Building Together”. True to this motto, the two commercial vehicle subsidiaries MFTBC and DICV are bundling their Asian business under the umbrella of Daimler Trucks Asia with a view to generating further sales growth in Asia and Africa.” – – Daimler Trucks Media
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