ANDHRA PRADESH

New trucks launched

New trucks launched

VIJAYAWADA: VE Commercial Vehicles (VECV) Limited, a 50-50 joint venture floated by the Volvo Group and Eicher Motors in July 2008, launched its all-new range heavy duty trucks called VE series in this transport hub at a function attended by a good number of transporters, financiers and other potential buyers on Wednesday.

Siddhartha Lal, managing director and chief executive officer, VECV, was present on the occasion along with Somnath Bhattacharjee, executive vice-president, VECV and president, Volvo Trucks India; Vinod Agarwal, president, Eicher Trucks and Buses and chief finance officer, VECV; and A.K. Birla, senior vice-president, heavy duty project, VECV.

Mr. Bhattacharjee told reporters that the VE series of Eicher heavy-duty trucks include an entire range of vehicles with a gross vehicle weight of 16 tonne to 40 tonne. The vehicles have been categorised as 4x2, 6x2, 8x2 rigid haulage trucks, a 4x2 tractor-trailer and 4x2 and 6x4 Terra tippers. “These vehicles are suited for long haul, chemical and petroleum transport, bulk cargo transport, construction, mineral ore transportation, port-load handling, municipal and airport applications,” he said.

Target

The VECV representatives maintained that 200 authorised service centres and availability of spares have been ensured for the convenience of users of these vehicles, which would definitely fare well in terms of fuel efficiency over similar vehicles being sold by competitors. In the current calendar year, the company hoped to sell about 5,000 heavy duty trucks to have 3 per cent share of the market.

The target was to achieve 15 per cent share of heavy duty trucks by 2015, they said.

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