Daimler has announced that it will enter into a joint venture with India’s Hero Group to produce commercial vehicles in India. The deal — worth $420 million — will see Daimler taking a 60% share in the Indian company. The deal is expected to closed during the first quarter of 2008.
According to Automotive News, the joint venture will produce light, medium and heavy-duty commercial vehicles in India.
Daimler currently produces Mercedes-Benz vehicles in India and recently entered into a joint venture with Sutlej Motors to produce buses in India.
Several other automakers have similar deals in India, including Nissan, Volvo and Navistar — International’s parent company.
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12/27, 3:51 PM
posted by:
autonut
I think we will see curry powered diesels. Or perhaps after-curry flatulences powered engine named curryotto or currydisel.
12/27, 3:55 PM
posted by:
LP640
^LOL haha i was thinking of writng about curry but you beat me to it
12/27, 4:46 PM
posted by:
CTS DRIVER
daimler is the vampire of the auto world.
12/27, 5:42 PM
posted by:
TOZO
Hero?
12/27, 5:43 PM
posted by:
GhettoMAX
Interesting jump for HERO, from bikes, mopeds to Commercial vehicles!
12/27, 6:35 PM
posted by:
gbb
I hope Diamler ****s their new partner as much as they did Chrysler.
12/27, 11:24 PM
posted by:
johnnycanuck
They didn’t just f*ck them gbb, they made them their bitch.
12/28, 5:31 AM
posted by:
Stuart
Get it right boys – THEY ****ED CHRYSLER OVER AND OVER AND OVER AND OVER (well you get the idea). Now they nothing but a empty shell lol
12/28, 5:32 AM
posted by:
Stuart
Next its Nissan’s turn to have a go
12/28, 7:43 AM
posted by:
JohnnyBlazE
Would an Indian company allow Daimler to f*** them?
12/28, 10:19 AM
posted by:
autonut
Guys, I am not fan of Benz, but Chrysler board was inviting everyone and anyone to rape them. They are bunch of stupid white man who realized that they know nothing of automotive business and were looking for love in all the wrong places. Akin to drunk chick in a bar at 2 A.M.
12/28, 12:13 PM
posted by:
CA36GTP
Another victim for the serial rapist that is Daimler.
12/28, 12:51 PM
posted by:
LP640
^i doubt it JohnnyBlaze. alot of hicks on this forum are just mad because chrysler got the ass raping of the century. Go Daimler !!!!
12/28, 12:58 PM
posted by:
Veda
Survival of the fittest, I won’t blame Chrysler for falling victim to Daimler since they should’ve went bankrupt in the first place.
12/28, 1:47 PM
posted by:
LP640
yep its just a shame that CA36 missed out on the ass rapings and molestations but not to worry im sure he’ll get another chance when he turns 5
12/28, 7:48 PM
posted by:
GhettoMAX
I’d love to say that Chrysler got what they deserved but I if they go down so will my favorite Dodge Cummins pickup truck and the Sprinter.
12/29, 4:00 PM
posted by:
Madcapp
Yeaaa, another Mercedes-Benz “merger of equals” where they suck the money out of another company and then abandon it on the verge of death.
12/29, 11:29 PM
posted by:
LP640
hey Madcowdisease, that only happenede to chrysler and they got the biggest ass ****ing in Earth’s history. I doubt Daimler would want to stick their **** in some repulsive Indian pussy.
12/31, 10:56 PM
posted by:
C6Racer
It’s probably their favorite.