New Delhi: Daimler India Business Autos (DICV), the wholly-owned subsidiary of Daimler Truck AG (Daimler Truck), has stated that it achieved document gross sales and income efficiency in CY2023.
The corporate’s CY2023 home truck and bus gross sales grew by 39% and income grew by 21% over 2022. DICV’s bus volumes doubled in CY2023, rising 107% over 2022. Its cumulative gross sales (together with home and exports) from January to December 2023 grew by 13% and its elements enterprise grew by greater than 21% over CY2022, the corporate stated.
In January 2023, DICV had transitioned its whole BharatBenz truck and bus portfolio to adjust to OBD-II rules, with a sharper concentrate on lowering complete value of possession, rising the productiveness of its vans and providing industry-leading service intervals in India.
Satyakam Arya, Managing Director and CEO, DICV, stated, “Our greatest-ever gross sales and monetary development, since inception, was spearheaded by glorious demand for our tipper and tractor trailer product strains which grew 53% and 79% respectively in comparison with CY2022. A slew of strategic initiatives that we undertook in 2023 additionally helped us take knowledgeable selections on prices, deal with headwinds successfully and sharpen our concentrate on key areas of our enterprise. Now we have began CY2024 with nice confidence, and with an ever-stronger product portfolio, engineered and packaged to drive enterprise development to new heights in 2024. Our purpose was to problem ourselves and up the sport on complete value of possession, uptime and reliability, all of which our clients will profit from with our new MY24 heavy-duty truck portfolio.”
The document enterprise efficiency in 2023 was pushed by a number of initiatives that DICV undertook holistically as a company. Final yr, the corporate met its annual goal of building 350 gross sales and repair areas throughout India, increasing BharatBenz presence throughout the nation, in new markets. Manufacturing operations have been streamlined and made value efficient by introducing many digitalization initiatives comparable to automated workforce planning and predictive upkeep utilizing knowledge, and plenty of different initiatives which can be within the part of completion. On the sustainability entrance, almost 85% of DICV’s manufacturing operations are run on renewable vitality and almost 90% of its plant features on upcycled water, lowering over 27,000 tonnes of carbon footprint, the corporate stated in a media launch. On the heels of its document efficiency in 2023, the truck and bus producer famend for setting new benchmarks within the Indian business automobiles {industry} is able to launch all its MY24 BharatBenz heavy-duty vans within the coming months. The primary to be launched would be the all-new BharatBenz Inflexible vary, adopted by vans with the newly launched Automated Guide Transmission (AMT) and the all-new Development and Mining truck heavy-duty vary, the discharge stated.
Sreeram Venkateswaran, President and Chief Enterprise Officer, (home gross sales and customer support), stated, “Having set new benchmarks within the {industry}, gained a big buyer base within the building and mining house and with a progressive tractor trailer portfolio within the final decade, we felt that we must always return to the drafting board to revamp every part that our heavy-duty vans had underneath their pores and skin and supply clients one thing new in 2024. The MY24 BharatBenz vary is superior in complete value of possession, know-how, reliability, security, consolation, and serviceability.”
 from January to December 2023 grew by 13% and its parts business grew by more than 21% over CY2022, the company said.){kind=link}