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Eicher Motors' JV enters into strategic agreement with Cholamandalam Investment

15 Jul 2015 Evaluate

Eicher Motors' JV - Eicher Polaris has entered into a strategic agreement with Cholamandalam Investment and Finance Company to extend finance to Multix consumers. Through this partnership, Chola intends to offer convenient, quick and easy access to attractive vehicle financing options to prospective Multix’s customers across India.

On entering into an agreement with Eicher Polaris, Chola becomes a preferred financier for Multix. With this, auto retail finance for Multix will now be available throughout the 534 branches of Chola and at all proposed dealerships of Multix across India.

Eicher Polaris (EPPL) an equal joint venture (JV) between Eicher Motors and Polaris Industries Inc. Eicher Polaris has recently launched ‘Multix’, India’s first Personal Utility Vehicle, targeted at ‘Independent Businessmen’.



Peers
Company Name CMP
Bajaj Auto 10069.85
TVS Motor Company 4021.45
Hero MotoCorp 5173.00
Eicher Motors 6949.85
OLA Electric Mobilit 37.09
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