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    Brief: Volvo Financial Services And Eicher Motors Announce Joint Venture

    Picture of Volvo AB logoVolvo AB
    21/05/2026 13:52
    May 21 (Reuters) - Volvo AB VOLVb.ST:

VOLVO FINANCIAL SERVICES AND EICHER MOTORS LIMITED ANNOUNCE JOINT VENTURE FOR FINANCIAL SERVICES IN INDIA

FINANCIAL SERVICES AND EICHER MOTORS TO FORM 50-50 JOINT VENTURE IN INDIA

DEAL CLOSING EXPECTED IN FIRST HALF OF 2027 PENDING REGULATORY APPROVALS

IMPACT ON EARNINGS AT CLOSING OF TRANSACTION WILL NOT BE SIGNIFICANT

INITIALLY, PROPOSED JV WILL FOCUS ON FINANCING VOLVO AND EICHER COMMERCIAL PRODUCTS

VFS AND EICHER INTEND TO OPERATE PROPOSED JV AS AN INDEPENDENT ENTITY

Source text: ID:nWkr8HHm91

Further company coverage: [VOLVb.ST]

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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