VE Commercial Vehicles Limited Divests Entire Holding of Eicher Engineering Solutions


NEW DELHI: VE Commercial Vehicles Limited has divested 100% shares of Eicher Engineering Solutions Inc. (wholly owned subsidiary of VECV) in United States of America (USA) to SegulaTecnologias Espana, S.A.U., a Spanish corporation. The total enterprise value of this deal is $1,852,000 (One million eight hundred fifty two thousand US dollars) Commenting More...

by NE Reporter | Published 5 days ago
By NE Reporter On Wednesday, February 22nd, 2017

Renault KWID Crosses the 1,30,000 Sales Milestone

NEW DELHI: Renault India, one of the fastest growing automotive brands in India, forayed into the compact hatchback segment, with the Attractive, Innovative and Affordable Renault KWID. KWID has been true game-changer More...

Mr. Philipp Von Hirschheydt, Exec. VP APAC, Continental and Mr. Roland Folger, MD & CEO, Mercedes-Benz India
By NE Reporter On Thursday, February 9th, 2017

Mercedes-Benz India Associates with Continental Tyres

PUNE: In its endeavour to create an unmatched After-Sales experience, India’s largest luxury car maker Mercedes-Benz India today, announced its association with Continental Tyres to offer a range of ‘Mercedes-Benz More...

By NE Reporter On Wednesday, February 1st, 2017

VE Commercial Vehicles Sells 4515 Units in January 2017, Recording a Growth of 19.8%

NEW DELHI: VE Commercial Vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) has sold 4515 units in January 2017 (FYTD 45778) as compared to 3768 units in January 2016 (LFYTD 40240) recording a growth More...

Launch of Mahindra e2o Plus by Dharmendra Pradhan & Mahesh Babu
By NE Reporter On Monday, January 16th, 2017

Mahindra Drives in its New Electric CitySmart Car, the ‘e 2 oPlus’ in Kochi

KOCHI: Mahindra Electric, part of the diversified USD 17.8 billion Mahindra Group and a pioneer in the development and production of electric vehicles in India, today announced the launch of its new electric CitySmart More...

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