Volvo Buses

Photo: Volvo Buses

Volvo Eicher CV Acquires Volvo Group India's Bus Business

Eicher Motors on August 13 said its subsidiary Volvo Eicher Commercial Vehicles (VECV) is acquiring Volvo Group India for Rs 100.50 crores to manufacture, assemble, distribute, and the sale of Volvo buses in India. They will also be looking into providing services and spare parts. The manufacturing plant at Hoskote, Bangalore, and employees of VBI will be transferred to VECV.

Thu, 13 Aug 2020 - 07:14 PM / by D. RamaKrishnan

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