August 27, 2014 9:07 PM ET

Machinery

Company Overview of Daimler India Commercial Vehicles Pvt. Ltd.

Company Overview

Daimler India Commercial Vehicles Pvt. Ltd. manufactures and sells light, medium, and heavy-duty commercial vehicles. The company was founded in 2007 as Daimler India Commercial Vehicles Pvt. Ltd. and changed its name to Daimler India Commercial Vehicles Pvt. Ltd. in April 2009. The company is based in Chennai, India. Daimler India Commercial Vehicles Pvt. Ltd. operates as a subsidiary of Daimler AG.

Chennai,  

India

Founded in 2007

Key Executives for Daimler India Commercial Vehicles Pvt. Ltd.

Managing Director
Chief Financial Officer
President of Remanufacturing Division
Head of R & D for Trucks Asia
Head of R & D - Chennai
Compensation as of Fiscal Year 2014.

Daimler India Commercial Vehicles Pvt. Ltd. Key Developments

Daimler India Commercial Vehicles Pvt. Ltd. Announces Executive Changes

Daimler India Commercial Vehicles Pvt. Ltd. announced senior- level changes in keeping with its 'Asian business model'. The model combines the strengths of Mitsubishi Fuso Truck and Bus Corp. (MFTBC) in Kawasaki, Japan and DICV in Chennai, under the umbrella of Daimler Trucks Asia. Satyakam Arya, who is vice-president (VP), procurement at DICV, will move to MFTBC, Japan, as VP, procurement, Daimler Trucks Asia, where he will also assume the role of global commodity head of Mechatronics for Daimler Trucks, effective 1, September 2014. Yasuhiko Kondo, who is general manager, life cycle management and governance and operations management procurement, MFTBC, will take over as VP, procurement at DICV. Mathew Oommen, who is assistant vice-president, product engineering, will take over as VP, supply chain management, DICV, effective 1 August.

Daimler India Commercial Vehicles Pvt. Ltd. Announces Management Changes, Effective June 1, 2014

Mitsubishi Fuso Truck and Bus Corporation and Daimler India Commercial Vehicles Pvt. Ltd. announced important personnel changes in their Board of Management. Since May 2013, MFTBC and DICV are cooperating closely under the umbrella of Daimler Trucks Asia. Mr. Marc Llistosella, currently Managing Director & CEO, DICV, will assume the new function of Head of Marketing, Sales & After Sales, Trucks Asia and DICV based in Kawasaki, Japan, effective June 1, 2014. He will continue to report to Dr. Albert Kirchmann, President & CEO, MFTBC and Head of Daimler Trucks Asia. Mr. Erich Nesselhauf, currently Head of Supplier Management & Logistics Trucks Asia India, will become Managing Director & CEO of DICV based in Chennai, India, effective June 1, 2014. These changes have been decided by the Board of Management Daimler AG, and are subject to approval by the Board of Directors and the Shareholders' Meeting.

Daimler India Commercial Vehicles Pvt. Ltd Launches Four New Trucks

Daimler India Commercial Vehicles Pvt. Ltd. has launched four new trucks for the Indian market. The new models include three tractor trailers and a tipper. With the launch of new models, the company now has a range of models with gross vehicle weight ranging from 9 to 49 tonnes.

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