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VECV sells engineering arm.

VE Commercial Vehicles (VECV) has divested 100 per cent shares of Eicher Engineering Solutions Inc (wholly owned subsidiary of VECV) in the US to Segula Tecnologias Espana

VECV sells Eicher Engineering Solution to SegulaTecnologias Espana

VE Commercial Vehicles (VECV) has divested 100 per cent shares of Eicher Engineering Solutions Inc (wholly owned subsidiary of VECV) in the US to SegulaTecnologias Espana, SAU, a Spanish corporation. The total enterprise value of this deal is $1,852,000.

VE Commercial Vehicles merges units

VE Commercial Vehicles, an equal joint venture between the Volvo Group and Eicher Motors, has restructured the organisation by merging three different profit centres, Eicher Trucks and Buses, Volvo Trucks and the Powertrain unit.

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