Eicher Motors Ltd.

Eicher Motors and Volvo Group’s joint venture firm, VE Commercial Vehicles (VECV) has launched 11 trucks and buses. The new range of these vehicles, called the Pro Series, comprises products in the five to 49 tonne space.

Meanwhile, the VECV has created a manufacturing powerhouse at the Pithampur plant near Indore. Nearly 80 per cent of the strategic plans are complete and Rs 1,800 crore has been invested so far. The facility is also a medium duty engine hub for Volvo worldwide.

Recently, VECV reported 37.10% fall in its total sales of Eicher branded products at 2,244 units in November 2013, as against 3,565 units in the same month previous year.