‘2019 will likely be a difficult 12 months for bus market’, Auto Information, DFL
Chennai, The Indian bus market will likely be difficult in 2019, owing to the upcoming Lok Sabha elections and likewise the migration to BS VI emission norms, a senior official of Daimler India Business Automobiles 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 likewise the migration to BS-VI emission norms,” Daimler Buses India Managing Director Thomas Fricke informed reporters.
He mentioned the elections could impression the bus gross sales initially.
Fricke mentioned the migration to BS-VI emission norm poses problem of balancing the worth hike and the pre-buy by prospects earlier than the brand new norms kick in April 2020.
Queried concerning the want for worth hike as Daimler has the expertise to substantiate to the brand new emission norms for a very long time and no new funding needed to be completed for the event of the identical, Fricke mentioned the parts must be localised which can warrant worth hike.
He mentioned in 2018, the corporate bought 1,555 buses/coaches/chasis up from 906 models bought in 2017, whereas the corporate exported 616 models final 12 months up from 405 models in 2017.
Daimler Buses India this 12 months, he mentioned, is specializing in the preparations to improve its total portfolio to the BS-VI commonplace, together with the BharatBenz, 9-tonne buses within the faculty, 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.