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General news

02 Jan 2016

VALEO SIGNS AN AGREEMENT TO ACQUIRE GERMAN COMPANY SPHEROS

Valeo has signed an agreement with Deutsche Beteiligungs AG (DBAG), a listed private equity company, to acquire Spheros, the worldwide operating supplier of air conditioning systems for buses. With annual revenue of around €250 million, Spheros leverages its technological leadership to supply air conditioning systems to all the main bus manufacturers and major fleet operators. It has a worldwide sales network and a vast industrial footprint, with plants in Germany, Finland, Turkey, the United States, Brazil, China and India.



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31 Dec 2015

DAIMLER INDIA BEGINS SALES OF MERCEDES-BENZ SUPER HIGH DECK LUXURY COACH

DAIMLER INDIA BEGINS SALES OF MERCEDES-BENZ SUPER HIGH DECK LUXURY COACH The luxury coach is manufactured at its plant in Oragadam here. It offers a high seating capacity of up to 61 pushback seats and 14 cubic meters of luggage space. Daimler India Commercial Vehicles (DICV), the 100% Indian subsidiary of the world's leading truck manufacturer Daimler AG, announced the start of sales of the Mercedes-Benz coach - the SHD (super high decker) 2436 with the handing over of the first set of buses to a customer in Chennai.



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