Daimler adds 3.3% market share in 2020

Daimler India Commercial Vehicles (DICV) has posted a 3.3% rise in domestic market share to 9.1% for the calendar year 2020 despite the pandemic and economic downturn. DICV said it was able to outperform the Indian commercial vehicle market and emerge from 2020 with significant increases in both domestic sales (46%) and incoming orders (almost 150%) during the fourth quarter. “DICV continues to transform the Indian CV industry with our made-for-India BharatBenz brand. The value offered by our products is validated by increasing customer confidence, enabling us to outpace the market even during the tough conditions of 2020. We are also proud to be a leader in ‘Making in India for the World’, proven by our growing export business,” said MD & CEO Satyakam Arya.