Volvo invests in Indian truck joint venture
Tuesday, December 11 - 2007 at 10:13
Swedish car maker Volvo, the world's second-largest truck maker, is to invest $350m in the Indian market through a joint venture with Eicher Motors. Global truck makers are eager for a larger share of an Indian market, the world's fifth-biggest. Volvo will buy 8.1 per cent in Eicher Motors, India's third-biggest truck maker, giving it 50 per cent in the venture.
See Also
Also consider reading:
- » Automobile industry target Saudi women
- » Speedsters to clean roads
- » Abu Dhabi targets speedsters
- » No Limits for Volkswagen
- » BMW M3 sedan to arrive in April
- » First Maserati and Ferrari showroom in Oman
- » $95m service centre for Dubai
- » Audi R8 awarded ME car of the year
- » 'Islamic' car ready in 2011
- » Veracruz into Saudi
Facebook
LinkedIn
Digg Index : Executive Motoring : 2007
Browse related articles
Browse related articlesToday's most read articles:
- » Tadawul market loses 2.35%
- » Leminar appointed exclusive distributor for IQ Air products
- » Samir Photographic Supplies launches new Olympus Stylus Tough-8000 camera
- » ATMS appoints Mobility Eye as premier partner for the GCC
- » SABB Takaful wins Best Takaful Product and Best Takaful Marketing at International Takaful Awards 2009
Amena Bakr, Senior ReporterTuesday, December 11 - 2007 at 10:13 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
Web Feeds