- Daimler Commercial Vehicles Manufacturing Indonesia
- Daimler Truck
- Daimler India Commercial Vehicles
- DICV
- Satyakam Arya
- Sankaranaryanan Ramamurthi
- DCVMI
Daimler Truck Inaugurates Greenfield Manufacturing Hub in Indonesia, Bolstering Southeast Asian Presence
- By MT Bureau
- June 15, 2025

Daimler Truck has officially opened its new, state-of-the-art manufacturing facility, Daimler Commercial Vehicles Manufacturing Indonesia (DCVMI), in the Cikarang Industrial Area. This significant IDR 500 billion (approximately USD 30 million) investment marks a major step in Daimler Truck’s regional expansion strategy, solidifying its long-term commitment to meeting the evolving mobility needs of Southeast Asia.
The expansive 15-hectare greenfield facility boasts an annual production capacity of 5,000 Mercedes-Benz trucks and buses. It's poised to become a central hub for vehicle assembly and distribution across key Southeast Asian markets, underpinning Daimler Truck's regional growth ambitions and strengthening Indonesia's commercial vehicle industry.
What makes this initiative particularly noteworthy is its collaborative foundation, blending the precision of German engineering, the manufacturing prowess of India and the crucial market insights from Indonesia.
Daimler India Commercial Vehicles (DICV), located in Chennai, will play a pivotal role by supplying high-quality Completely Knocked Down (CKD) kits to the new Indonesian facility.
Satyakam Arya, Managing Director and CEO, DICV, said, "India remains a cornerstone of our global export strategy. Leveraging Indonesia for the ASEAN region is about expanding our reach, not shifting our focus. As DICV becomes further integrated into Daimler Trucks’ global manufacturing network, we will play a key role in building capabilities in Indonesia—transferring knowledge, developing talent, and strengthening the regional ecosystem. The integration of India’s advanced manufacturing capabilities into our Southeast Asian operations highlights our unified global approach. By combining German engineering excellence with India’s production strength and deep Indonesian market understanding, we are creating a robust platform for long-term success in the region."
Sankaranarayanan Ramamurthi, President Director, DCVMI, said, “This plant is not merely an addition to our infrastructure—it is a manifestation of our vision to make a tangible contribution to Indonesia’s economy, empower local communities and build a stronger industrial ecosystem. Each unit produced here reflects not only engineering excellence but also the spirit of collaboration and our confidence in Indonesia’s future. We are committed to continually creating job opportunities, innovating and contributing to growth in and for Indonesia.”
The opening of the DCVMI factory is a tangible realisation of Daimler Truck's ‘Bigger and Better’ vision. Beyond just expanding facilities, this move is set to enhance agility, streamline workflows, and improve the resilience of solutions offered to Indonesian customers. The company is committed to providing commercial vehicles that precisely meet local market demands, focusing on production efficiency, service reliability, and continuous innovation.
The DCVMI plant in Cikarang features an integrated manufacturing system for efficient production. It's equipped with a test track to simulate diverse road conditions and an advanced paint booth, both adhering to Mercedes-Benz's rigorous global manufacturing standards.
The facility will continue to produce popular Mercedes-Benz Axor Trucks models, including the 2528 CH, 4928 T, 4028 T, 4023 T, 2528 RMC, 2528 CX and 2528 C, as well as Mercedes-Benz bus chassis like the OH 1626 L and OH 1626 S, all specifically designed for the Indonesian market.
Ashok Leyland Reports Robust Q1 Performance With INR 5.94 Billion Net Profit In FY2026
- By MT Bureau
- August 14, 2025

Chennai-headquartered commercial vehicle major Ashok Leyland has reported its record performance in Q1 FY2026, with highest ever Q1 wholesales at 44,238 units and Q1 revenue of INR 87.25 billion.
Furthermore, the company also reported its highest EBITDA at INR 9.7 billion, up 6.47 percent YoY and profit after tax of INR 5.94 billion, 13 percent YoY. The company shared that it was able to grow M&HCV volumes by 2 percent, which enabled it to increase its market share from 28.9 percent to 30.7 percent in Q1 FY2026. This was despite the domestic M&HCV segment remaining flat.
Its M&HCV Bus TIV (excluding EVs) grew by 5 percent, thus further strengthening its domestic market leadership position in the MHCV bus segment.
In the LCV segment, the company witnessed its highest-ever quarterly sales at 15,566 units, while exports at 3,011 units grew by 29 percent YoY.
Dheeraj Hinduja, Chairman, Ashok Leyland, said, “Ashok Leyland has delivered a robust Q1 performance, exceeding the expectations through effective market execution while maintaining rigorous cost management. Our electric mobility subsidiary, Switch Mobility, continues to gain good traction and has achieved positive EBITDA. We are redoubling our efforts in the international markets and Defence business. Reinforcing our product superiority and strong customer orientation, we are sharpening our focus to play a pivotal role in our industry.”
Shenu Agarwal, Managing Director & CEO, Ashok Leyland, added, “We are happy to report simultaneous increases in market share and operating margins. This reinforces our strategy to deliver profitable growth through superior products and best-in-class customer service. Our focus on growing our non-CV portfolio is also helping us deliver record performances in many quarters in a row. Our priority remains achieving mid-teen EBITDA margins in the medium term, while advancing our commitment to future-ready technologies.”
- Montra Electric
- Murugappa Group
- TVS Vehicle Mobility Solution
- EViator
- Saju Nair
- TIVOLT Electric Vehicles
- Madhu Raghunath
Montra Electric, TVS Vehicle Mobility Solution Open New e-SCV Dealership In Coimbatore
- By MT Bureau
- August 14, 2025

Montra Electric’s Small Commercial Vehicles (e-SCV), part of the Chennai-headquartered Murugappa Group, has opened its newest dealership in Coimbatore.
The facility operated by TVS Vehicle Mobility Solution will retail EViator, Montra Electric’s e-SCV, designed for intercity logistics, market load operations and cargo movement.
Saju Nair, CEO, TIVOLT Electric Vehicles (e-SCV division of Montra Electric) and Madhu Raghunath, CEO, TVS Vehicle Mobility Solution inaugurated the facility.
“As a brand proudly rooted in Tamil Nadu, it gives us immense pride to enter Coimbatore with our first dedicated e-SCV dealership in the city. Coimbatore is known for its entrepreneurial zeal and robust industrial base. With this launch, we aim to support the city’s logistics ecosystem with cleaner, smarter commercial mobility solutions. Our partnership with TVS Vehicle Mobility Solution reflects a shared commitment to delivering future-ready, high-performance electric vehicles tailored for the evolving needs of local businesses and fleet operators,” said Nair.
Raghunath, added, “We are excited to partner with Montra Electric to introduce the EViator to Coimbatore. The city’s logistics and transportation sectors are ready for a green shift, and the EViator delivers on all fronts- performance, durability, and total cost advantage. With this collaboration, we are committed to ensuring a seamless and dependable ownership experience for fleet owners and commercial users alike."
Tata Motors Enters Dominican Republic With New Commercial Vehicle Lineup
- By MT Bureau
- August 13, 2025

Tata Motors, one of India's largest commercial vehicle manufacturers, has officially launched its products in the Dominican Republic through a new partnership with local distributor – Equimax.
The move is part of the company's global expansion strategy and introduces a variety of trucks and utility vehicles designed for the region's growing logistics and construction sectors.
The new lineup includes the Super Ace mini-truck for last-mile delivery, the Xenon pickup truck and the Ultra range of trucks. For the construction industry, Tata is introducing the LPT 613 tipper.
Asif Shamim, Head of International Business, Tata Motors Commercial Vehicles, said, “The Dominican Republic presents a high-potential market aligned with Tata Motors Commercial Vehicles’ global growth ambitions. With its growing economy and infrastructure, our advanced commercial vehicle solutions are well-positioned to support national development goals. Backed by Equimax’s strong local presence, we aim to deliver unmatched value through reliable products, efficient service, and long-term customer support for meeting the aspirations of transporters and businesses in the country.”
Gabriel Tellerias, President, Equimax, added, “The introduction of Tata Motors’ globally trusted commercial vehicles marks an important milestone for the Dominican Republic’s transport and logistics sector. These vehicles have been carefully selected from Tata Motors’ expansive portfolio and reflect a clear understanding of local business needs. Our priority will be to ensure a superior ownership experience through Equimax’s strong commitment to exceptional after-sales service, offering customers timely support and long-term value. We value our partnership with Tata Motors and look forward to driving growth and progress together in the Dominican Republic.”
AMPL Group Inaugurates New Mahindra CV Dealership In Madurai
- By MT Bureau
- August 06, 2025

Automotive Manufacturers (AMPL Group), a leading automobile retail conglomerate, has inaugurated its new Mahindra CV (commercial vehicle) dealership in Madurai, Tamil Nadu.
The strategically located facility at Pandi Kovil Ring Road, aims to enhance accessibility and service for customers in the Madurai North region. It aims to serve the growing demand from the captive and market load operator segments across the region.
The facility is spread across 3,500 sqft and it has a display area to showcase five Mahindra Light Commercial Vehicles (LCVs).
With over 138 Mahindra touchpoints, AMPL Group is Mahindra’s largest sales and aftersales partner in the country with presence across six states - Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Maharashtra and Kerala. In FY2025, it retailed over 37,000 Mahindra vehicles.
Rajiv Sanghvi, Executive Director, Automotive Manufacturers, said, “We are proud to further strengthen our longstanding partnership with Mahindra through the inauguration of this Commercial Vehicle showroom in Madurai – our 138th Mahindra touchpoint. Our journey with Mahindra spans nearly seven decades, marked by shared values and a commitment to excellence. With a robust network across six Indian states, we have consistently worked together to deliver outstanding value to our customers. With Mahindra’s technologically advanced products, customer-centric approach coupled with our deep understanding of the customer needs we together endeavour to provide Best-In-Class ownership experience for our customers.”
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