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GM has established a venture capital unit back in June last year with a fund of $100mn for investing in technologies related to auto. According to recent reports, this venture capital has invested a further $7.5mn in Sunlogics Inc., a solar energy company that will make an investment of $30mn for opening their factory and global headquarters in Rochester Hills.

VE Commercial Vehicles Limited owes its commencement to the compelling aim of driving modernization in commercial transportation, in India and other emerging markets.

VE Commercial Vehicles Limited (VECV) owes its commencement to the compelling aim of driving modernization in commercial transportation in India. Eicher Trucks and Buses (ETB) is a business area of VECV (a 50-50 joint venture between the Volvo Group and Eicher Motors Limited).

The joint venture of Toyota Motor Corp and Kirloskar Group is going to start exporting the Etios sedan and the Etios Liva hatchback to the South African market. The cars are going to be exported from the Bangalore plant of the company and will commence from March.