Daimler India Commercial Vehicles Pvt. Ltd. (DICV), the 100 per cent wholly-owned subsidiary of Daimler AG, has announced the debut of its FUSO FI medium-duty truck at the recently-held Tokyo Motor Show.
The two commercial vehicle subsidiaries of Daimler AG, namely, MFTBC and DICV, are bundling their Asia business under the umbrella of Daimler Trucks Asia with a view to reaching their joint target of 290,000 units of the FUSO and BharatBenz brands until 2020. To this end it also announced an investment of €300 million between 2014 and 2018 to expand the production and sales network of Daimler Trucks in Asia. This is over and above the existing or already planned investments.
Dr. Albert Kirchmann, President & CEO, MFTBC, said: “With this investment, we will expand our existing production and assembly network in order to prepare ourselves for the demand in Asia and Africa. Thus, we are investing in the future of a strong team from two cultures. I am proud of the team from Japan and India, which is working hard together in order to bring the right products for the future markets on road”.
Under the motto “Building Together”, Mitsubishi Fuso Truck and Bus Cooperation (MFTBC) is proving that, based on its strong cooperation with DICV under the Daimler Trucks Asia strategy, it already has the right products on offer for the future markets. The new, medium-duty FUSO FI truck is currently celebrating its trade fair debut before an international audience. The vehicle, which is one of a total of five FUSO truck models from the production facility of Daimler India Commercial Vehicles, is custom-tailored to customers in the growth markets of Asia and Africa.