Daimler India partnership with iQuippo

Collaboration will provide value-added support to BharatBenz customers to exchange their used vehicles with lesser turnaround time, gain a better resale value and enjoy hassle-free processes.

Chennai- Daimler India Commercial Vehicles Pvt. Ltd. (DICV)., the subsidiary of Daimler Truck AG., announced a strategic partnership with iQuippo service Limited., to offer digitalized solution for customers of pre-owned BharatBenz commercial vehicles. iQuippo a leading physical and digital marketplace for preowned vehicle sales with evaluation and funding options. This collaboration will provide value-added support to BharatBenz customers to exchange their used vehicles with lesser turnaround time, gain a better resale value and enjoy hassle-free processes.

BharatBenz hopes to use iQuippo's physical and digital know-how in this partnership to make sure customers receive reliable and transparent data as well as a full range of tools and resources necessary for making educated decisions over the course of their commercial vehicle ownership.

Mr. Sreeram Venkateswaran, President and Chief Business Officer, Domestic Sales and Customer Service, Daimler India Commercial Vehicles said that, 15% of our annual sales are generated by our pre-owned business initiatives, BharatBenz Exchange and BharatBenz Certified, which provide consumers with new truck exchange and pre-owned truck purchasing, respectively. Our pre-owned business initiatives, in addition to our sales of new trucks and buses, are important for our operations and give prospective customers the chance to purchase dependable and safe BharatBenz commercial vehicles for the duration of their lives. To offer more value-added services, streamline processes, and digitalize our used truck company to make it more accessible.

Mr. Somnath Bhattacharjee, Executive Director, iQuippo Services Limited, said that, We are honored to have BharatBenz, the most well-known CV brand in India, on our platform. Numerous brands in the construction industry have tested and proven our digital platform.