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TRUCKMAKERS NEWS * India: Volvo & UD trucks
* Gurgaon - VE Commercial Vehicles to invest Rs 600 cr this year
Gurgaon,India -Press Trust of India/Business Standard, by Greater Noida -February 5, 2014: -- VE Commercial Vehicles, the 50:50 joint venture between Volvo Group and Eicher Motors, plans to invest Rs 600 crore this year on product development and marketing initiatives... The company also aims at increasing its market share with the introduction of its Pro series of trucks... Eicher Motors MD and CEO Siddhartha Lal added, that the Pro series, with vehicles with gross weight between 5 and 49 tonnes, would be rolled out in a phased manner starting next month...
* Tamil Nadu - Ashok Leyland showcases heavy load trucks
Chennai,TN,India -SME Times News Bureau -7 Feb, 2014: -- Ashok Leyland Thursday showcased its next-generation vehicles including Super Stallion 6x6 and Super Stallion 10x10 intended to meet heavy load-carrying requirements of the army at the Defexpo in New Delhi... Ashok Leyland executive director Nitin Seth said the company had already provided nearly 70,000 Stallion trucks to the army... He said the Stallion 6x6 and 10x10 had capacity to carry heavy loads, and the axles of the trucks were movable in keeping with the needs of the army... Ashok Leyland is the flagship of the Hinduja Group and a leading manufacturer of commercial vehicles in India with a USD 2.5 billion turnover in 2010-11...
Labels: truckmakers news India
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