AUTO INDUSTRY – 2
VE Commercial Vehicles (VECV), the joint venture between the Volvo Group and Eicher Motors, has announced that it will introduce India-made Eicher trucks into the South African truck market by the end of June. The joint venture has already set up base in South Africa in the form of a 100% wholly-owned subsidiary known as VECV South Africa (SA). In the first phase of rolling out its products in the local market, Eicher will kick off with an entry into the medium-duty truck segment with its 8.5 t gross vehicle mass (4 t to 5 t payload) Pro Series truck.
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