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Nov 21, 2014

TRUCKMAKERS NEWS * India: Volvo's

* West Bengal -  Volvo Eicher aims top slot in LMD trucks segment


Kolkata,West Bengal,India -Press Trust Of India -November 18, 2014: -- VE Commercial Vehicles, a 50:50 joint venture between Eicher Motors and Volvo Group, is aiming to capture the number one position in the light-to-medium duty (LMD) trucks segment in terms of market share, an official of the company said... The largest market share in the segment presently is that of Tata Motors... Sr VP (sales and marketing) of VE, Shyam Mallar,  said, the company had invested around Rs 2,500 crore in setting up manufacturing facilities near Indore for trucks and buses. The company recently launched a new range of LMD trucks...

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