Tesla Motors is claimed to have expressed an interest to manufacture electric trucks and buses. Elon Musk, the company founder and CEO is known to express that it is looking at addressing all major truck and bus segments as part of the plans for the next 10 years. Industry sources claim that heavy-duty trucks are at the early development stages[Read More…]
After its introduction at the Excon construction equipment fair at Bangalore in December last year, the Eicher Pro 8000 has been finding good acceptance in the heavy-duty tipper segment. Priced in the region of Rs.45 lakh, the tipper, claimed to be based on the Volvo Asia truck platform, is finding takers on the back of the fresh investments the construction[Read More…]
Apart from expanding its reach in the domestic bus market, Ashok Leyland is continuing to push for growth in overseas markets. Hoping to generate one-third of the total revenue from its overseas business, the company, according to Gopal Mahadevan, Chief Financial Officer (CFO), plans to set-up an assembly facility in Kenya with an installed capacity of 3000 units. This is[Read More…]
Volvo Eicher Commercial Vehicles (VECV) launched a new 3S (Sales, Service and Spares) facility at Hubli. Set-up in association with PSN Automotive Marketing Limited, the company claims the facility will offer world class services to VECV customers. The facility will cater to sales and aftermarket support of both the Light Commercial Vehicles (LCVs) as well as the Medium and Heavy[Read More…]
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