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Daimler Hero

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Daimler Hero Motor Corporation is/was a joint venture formed in 2008 in India between Daimler AG and Hero Group of India to build commercial trucks. Daimler had a 60% stake, with Hero the remaining 40%.[1] In 2009, Hero decided to pull out of the venture, and Daimler continued by buying out Hero's 40% of the company.[2]

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