Daimler India Commercial Vehicles achieves record sales and revenue performance in CY2023

DAIMLER INDIA COMMERCIAL VEHICLES (DICV), the wholly owned subsidiary of Daimler Truck AG (“Daimler Truck”) announced that in CY2023 it has achieved record sales and revenue performance.

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The company’s CY2023 domestic truck and bus sales grew by 39 per cent and revenue grew by 21 per cent over 2022. DICV’s bus volumes doubled in CY2023, growing 107 per cent over 2022. Its cumulative sales (including domestic and exports) from January to December 2023 grew by 13 per cent and its parts business grew by more than 21 per cent over CY2022

In January 2023, DICV had transitioned its entire BharatBenz truck and bus portfolio to comply with OBD-II regulations, with a sharper focus on reducing total cost of ownership, increasing the productivity of its trucks, and offering industry-leading service intervals in India.