Search Results for 'Commercial vehicles'

VE Commercial Vehicles signs MoU with J&K Bank

VE Commercial Vehicles signs MoU with J&K Bank

VE Commercial Vehicles Limited (Joint venture between Volvo group and Eicher Motors) signed a Memorandum of Understanding (MoU) with J&K Bank to promote and market its commercial vehicles in India. The MOU was signed by Mr. S.K. Bhat, [...]

Posted On : Sep, 26 2012 | Comments : 0

VE Commercial Vehicles to expand business

VE Commercial Vehicles to expand business

VE Commercial Vehicles, a joint venture of Volvo Group and Eicher Motors, is planning to invest a sum of Rs. 1000 crore by the year 2013 to improve goodwill of the brand in India. Capacity of engine production is likely to be expanded a [...]

Posted On : Sep, 10 2012 | Comments : 0

Hindustan Motors plans to launch new passenger and commercial vehicles

Hindustan Motors plans to launch new passenger and commercia...

Hindustan Motors (HM) is reportedly gearing up to launch new variants of passenger and light commercial vehicle. The company is also all set to offer locally assembled Mitsubishi Pajero Sport from October onwards. The company is als [...]

Posted On : Aug, 14 2012 | Comments : 0

Scania Commercial Vehicles India holds ground-breaking ceremony

Scania Commercial Vehicles India holds ground-breaking cerem...

Scania Commercial Vehicles India held the ground-breaking ceremony of its industrial site in Narasapura, Bangalore. Henrik Fagrenius, Managing Director Scania Commercial Vehicles India (SCVI), laid the foundation stone for the new plan [...]

Posted On : Jul, 28 2012 | Comments : 0

M&M to hike prices of its passenger and commercial vehicles by 10 to 15 per cent

M&M to hike prices of its passenger and commercial vehicles ...

Mahindra & Mahindra is looking at raising prices of their passenger and commercial vehicles in a few days due to the depreciation in the value of the rupee. The hike is expected to be between 10 to 15 per cent across the model range. [...]

Posted On : Jun, 02 2012 | Comments : 0

Volvo Eicher eyes 15 percent share of heavy commercial vehicles market

Volvo Eicher eyes 15 percent share of heavy commercial vehic...

Volvo Eicher Commercial Vehicles (VECV), a joint venture between Swedish auto major Volvo and India's Eicher Motors, is eyeing 15 percent share in the heavy commercial vehicle market in the country by the next four years. "W [...]

Posted On : May, 11 2012 | Comments : 0

Tata Motors announces price hike up to Rs 60,000 on commercial vehicles

Tata Motors announces price hike up to Rs 60,000 on commerci...

Tata Motors has announced price hike on its entire range of commercial vehicles by up to Rs 60,000 following excise duty hike in the Budget. Tata Motors President (Commercial Vehicle Business Unit), Ravi Pisharody said “We have h [...]

Posted On : Mar, 29 2012 | Comments : 0

VE commercial vehicles to invest Rs 1,000 crore in 3 years

VE commercial vehicles to invest Rs 1,000 crore in 3 years

VE Commercial Vehicles, an equal joint venture between the Volvo Group and Eicher Motors which has been in operation since 2008 is trying to up the game in India and has now lined up an investment of Rs 1,000 crore over the next three [...]

Posted On : Feb, 11 2012 | Comments : 0

VE Commercial Vehicles report 5 percent growth in January

VE Commercial Vehicles report 5 percent growth in January

Auto-maker VE Commercial Vehicles (VECV) has recorded a 5.22 percent jump in total sales to 3,708 units in January, 2012. The company is a joint venture between Volvo Group and Eicher Motors. Domestic sales increased by 5.78 percent. [...]

Posted On : Feb, 02 2012 | Comments : 0

Commercial vehicles may show slow sales growth

Commercial vehicles may show slow sales growth

Bus and Truck makers are worried about being hit by production drop in major sectors. The recently released Index of Industrial Production (IIP) data, showed steep fall in production in areas such as manufacturing, mining and capi [...]

Posted On : Dec, 20 2011 | Comments : 0

Hyundai to launch commercial vehicles

Hyundai to launch commercial vehicles

Hyundai Motors, the Korean Auto major and India’s second largest car manufacturer is eyeing commercial vehicles segment in India. Hyundai Motor Company Deputy General Manager (Commercial vehicle Marketing team) J.D. Lee said &n [...]

Posted On : Dec, 05 2011 | Comments : 0

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