‘2019 will probably be a difficult yr for bus market’, Auto Information, East Auto Information
Chennai, The Indian bus market will probably be difficult in 2019, owing to the upcoming Lok Sabha elections and in addition the migration to BS VI emission norms, a senior official of Daimler India Industrial Autos mentioned right here on Tuesday.”The Indian bus market is anticipated to develop by 4 per cent. There are challenges for the businesses just like the elections and in addition the migration to BS-VI emission norms,” Daimler Buses India Managing Director Thomas Fricke advised reporters.
He mentioned the elections might affect the bus gross sales initially.
Fricke mentioned the migration to BS-VI emission norm poses problem of balancing the value hike and the pre-buy by clients earlier than the brand new norms kick in April 2020.
Queried concerning the want for worth hike as Daimler has the know-how to verify to the brand new emission norms for a very long time and no new funding needed to be performed for the event of the identical, Fricke mentioned the parts need to be localised which can warrant worth hike.He mentioned in 2018, the corporate offered 1,555 buses/coaches/chasis up from 906 items offered in 2017, whereas the corporate exported 616 items final yr up from 405 items in 2017.
Daimler Buses India this yr, he mentioned, is specializing in the preparations to improve its total portfolio to the BS-VI normal, together with the BharatBenz, 9-tonne buses within the college, employees and vacationer bus sub-segments, the Mercedes-Benz 15-metre multi-axle luxurious coaches and bus chassis for the 9,16 and 24-tonne segments.