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Daimler taps India's truck market: venture with Hero is expected to hedge softness elsewhere

Article Abstract:

A joint venture between German auto maker Daimler AG and India's Hero Group will enable Daimler to increase its presence in India's truck market. Daimler is the largest truck manufacturer worldwide by sales, selling over 516,000 trucks and generating $45.86 bil. Daimler already has a plant in Pune that produces the Mercedes-Benz Actros.

Author: Rauwald, Christoph
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Joint ventures, Truck and bus bodies, Truck industry, Company joint venture, Daimler AG, DAI

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VW's net hums due to cost cuts, strong demand

Article Abstract:

Full-year 2007 net profit for German automaker Volkswagen AG rose 50% to $6.27 bil, due primarily to strong demand and cost reductions. Revenue rose 3.8%; passenger vehicle sales increased 7.9%.

Author: Taylor, Edward, Rauwald, Christoph
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
Sales, profits & dividends, Automobile industry, Volkswagen AG, Company sales and earnings, Company earnings/profit, Financial report

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Subjects list: Germany
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