Eicher Motors to Form Finance JV with Volvo Group

Eicher Motors has approved an investment of up to Rs 750 crore to acquire a 50% stake in Volvo Financial Services (India), subject to RBI approval. The move will lead to the formation of a joint venture focused on providing vehicle financing solutions in India. The partnership aims to combine Volvo Financial Services’ financing expertise with Eicher’s strong product portfolio and market reach, enabling faster decision-making and improved access to financing for customers and dealers. The JV is expected to strengthen Eicher’s commercial vehicle ecosystem and support future business growth.