Magma Fincorp Limited, a leading asset finance company yesterday signed an agreement with VE Commercial Vehicles (VECV) – a 50-50 joint venture between the Volvo Group and Eicher Motors. This tie-up between the two is for the financing of Eicher-branded trucks and buses. The official agreement was signed by Mr. Sanjay Chamria, Vice Chairman & [...]

Mahindra Navistar Automotives Ltd. (MNAL) today introduced 25 and 31 ton trucks for the Indian market.
MNAL is a commercial vehicle joint venture between Mahindra and Mahindra and Navistar Inc. of USA.
Mahindra Navistar trucks have been developed by utilising 175 years of technological and truck R&D expertise and know-how of Navistar and over 60 years of [...]