DICV records a strong 2017

Commercial Vehicle - - WHAT'S INSIDE -

Daim­ler In­dia Com­mer­cial Ve­hi­cles (DICV) recorded 2017 as the most suc­cess­ful year since it en­tered In­dia in 2012. Strong mo­men­tum from fresh prod­ucts and tail­winds from reg­u­la­tory changes in the mar­ket en­vi­ron­ment are said to be the rea­sons. DICV, ac­cord­ing to com­pany sources, sold 16,717 ve­hi­cles in 2017, mark­ing a 28 per cent rise when com­pared to the sale of 13,081 units in 2016. The CV Maker gath­ered good mo­men­tum post the tran­si­tion to BSIV emis­sion stan­dards. An­nounc­ing that it would of­fer BSIV trucks at the same cost it of­fered the BSIII trucks at, DICV re­ceived an­other boost from the ad­vent of GST. It fur­ther ac­cel­er­ated its growth rate as cus­tomers be­gan look­ing for mod­ern, more ca­pa­ble and re­li­able trucks. Present in the nine to 49-tonne seg­ment, the com­pany’s per­for­mance rise in the year 2017 rose to 9.1 per cent when com­pared to a 6.8 per cent rise in 2016.

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