News

Cholamandalam partners with Escorts Ltd. for loans on construction equipment

Cholamandalam Investment and Finance Company Ltd. (Chola) has entered a strategic tie up with Escorts Ltd. for retail finance of their Construction Equipment products. Chola is a leading NBFC in the Vehicle Finance business and provides loans for the purchase of commercial vehicles across 530 cities and towns across India. We see many of our customers’ also purchasing construction equipment[Read More…]

by May 13, 2015 News

Stanadyne bets big on NXG technology for cleaner emissions

Stanadyne, a global leader in the design and manufacture of diesel and gasoline fuel systems, announced today that it aims to introduce its latest technology in next-generation diesel fuel injection equipment to India in time for the introduction of low-sulfur fuel. The company aims to strengthen its market presence in India and will produce these next-generation diesel fuel injection systems[Read More…]

by May 8, 2015 News
Spark Minda, Ashok Minda Group & Vehicle Access Systems Technology Llc (VAST), USA enter into a Joint Venture – “Minda VAST”

Spark Minda, Ashok Minda Group & Vehicle Access Systems Technology Llc (VAST), USA enter into a Joint Venture – “Minda VAST”

Global Automotive Component manufacturer  Spark Minda, Ashok Minda Group has entered into a Joint Venture partnership with “Vehicle Access Systems Technology Llc.(VAST)”, USA, a group with a global presence as valued supplier of strategic vehicle access components and systems to targeted global customers and known for “Key solutions for automotive world”. This joint venture entity between two groups named as[Read More…]

by May 5, 2015 News

VE Commercial Vehicles sells 3930 units in April 2015

VE Commercial vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) has sold 3930 units in April 2015 (YTD 14950) as compared to 3503 units in April 2014(LYTD 13484) recording a growth of 12.2%.(YTD Growth of 10.9%) This includes 3838 units of Eicher Brand and 92 units of Volvo Brand. The following are the key highlights for Apr 2015:[Read More…]

by May 1, 2015 News