Article by: Anirudh Raheja Oerlikon focuses on strengthening its drive systems business. Oerlikon commissioned its third drive systems plant at Sanand in Gujarat recently. It is the company’s tenth global facility for drive systems, and will be operational in six phases with a planned investment of Rs. 1,000 crore till 2019. In the first phase, the plant will manufacture PR10[Read More…]
VE Commercial vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) has sold 4035 units in May 2015 (YTD 18985) as compared to 3750 units in May 2014 (LYTD 17234) recording a growth of 7.6% (YTD Growth of 10.2%). This includes 3962 units of Eicher brand and 73 units of Volvo brand. The following are the key highlights for[Read More…]
Leading Indian tyre manufacturer CEAT Ltd., today announced a new partnership with Tata Motors, for the commercial vehicle industry’s only Loyalty Program –Tata Delight. This Partnership will enable members to earn reward points along with loyalty benefits on the purchase of CEAT tyres for Tata Motors’ wide range of commercial vehicles. Tata Motors Loyalty Program members can redeem points accumulated[Read More…]
Daimler India Commercial Vehicles Pvt. Ltd. (DICV), a 100% wholly owned subsidiary of Daimler AG, Stuttgart, Germany, today announced the inauguration of its new bus manufacturing facility in Oragadam and unveiled its second wave of products – BharatBenz and Mercedes-Benz buses as well as a new range of new BharatBenz high-power engine trucks and BharatBenz heavy duty tractors. The new[Read More…]
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