By Dominic Chopping
STOCKHOLM--Swedish truckmaker Volvo AB (VOLV-B.SK) said Monday that VE Commercial Vehicles Ltd, a joint-venture between the Volvo Group and Eicher Motors Ltd (505200.BY), have launched the new Pro Series range of trucks and buses developed specifically for India and other selected growth markets.
-The Pro Series includes 11 new products (trucks and buses) and covers the entire 5 to 49 ton gross vehicle weight range.
-Eicher will have dedicated export variants for e.g. South East Asia and Africa.
-VECV will start production of the Eicher Pro Series in Feb. 2014.
-Volvo shares closed Friday at SEK86.40, valuing the company at SEK183.9 billion.
-Write to Dominic Chopping at email@example.com; Twitter: @WSJNordics
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(END) Dow Jones Newswires
December 02, 2013 03:14 ET (08:14 GMT)Copyright (c) 2013 Dow Jones & Company, Inc.
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