The Indian Hero Group and Daimler AG have signed a contract that governs the establishment of the Daimler Hero Motor Corporation Ltd. commercial vehicle joint venture. Approval for the new company was issued by the Indian government in March 2008, and the two partners now plan to proceed rapidly with the implementation of the joint venture.
CenterCS Cargo Group orders 335 Mercedes-Benz Actros trucks --- Framework agreement with option for a total of 1,500 units --- Largest order to date from Central Europe for Mercedes-Benz trucks --- Trucks to be equipped with FleetBoard, PowerShift transmission, and BlueTEC.
The Indian government's Foreign Investment Promotion Board (FIPB) and the Cabinet Committee on Economic Affairs (CCEA) have both approved the establishment of the Daimler Hero Motors Corporation Ltd. joint venture by Daimler Trucks and the Indian company Hero Group in the first quarter of 2008.
The third generation of the Actros vehicle family has been further improved with 37 individual measures relating to economy, comfort, safety and design. Since its launch in 1996, the Actros has become the industry trendsetter and is now the most successful heavy truck model with sales of 550,000 vehicles in more than 100 countries.
Deutsche Post World Net is the first logistics company in Europe to put hybrid trucks to the test in its operations. The go-ahead for the largest fleet test in the company’s history was given on January 29, 2008 during the World Mobility Forum in Stuttgart, Germany.
Mitsubishi Fuso boosts sales and reaches sales records in export markets --- Markets in North America and Japan decline as expected --- Global Excellence program initiatives successfully implemented.