Daimler India Commercial Vehicles, Bajaj Finance Join Forces For Comprehensive Finance Solutions

Daimler India Commercial Vehicles, Bajaj Finance Join Forces For Comprehensive Finance Solutions

Daimler India Commercial Vehicles (DICV), a wholly-owned subsidiary of Daimler Truck, has inked a strategic partnership with Bajaj Finance, part of Bajaj Finserv Group, one of India’s largest financial conglomerates to offer tailored financing solutions for its commercial vehicle customers and dealerships. 

They aim to enhance the accessibility and convenience of financing options across DICV's entire commercial vehicle portfolio.

The partnership will focus on providing innovative financial products specifically designed to meet the diverse needs of DICV’s growing customer base, enhancing flexibility for businesses looking to acquire commercial vehicles.

Sreeram Venkateswaran, President & Chief Business Officer (CBO), Daimler India Commercial Vehicles said, “We are delighted to partner with Bajaj Finance, as this enables us to offer enhanced and accessible financing solutions to our customers. This collaboration strengthens DICV's ability to provide superior Total Cost of Ownership (TCO), representing a significant advancement in our commitment to deliver exceptional value and support. This partnership helps our customers grow their businesses with confidence and capitalize on new market opportunities."

Furthermore, the partnership will offer customer-focused finance solutions with faster turnaround times for loan approvals, streamlined credit appraisal processes, and customised financing options to suit various customer needs. 

Bajaj Finance on its part will provide a comprehensive range of finance products with flexible terms and conditions to cater to different business requirements. The enhanced accessibility and convenience provided by this collaboration will improve access to funds for fleet owners and dealerships, ensuring a seamless and hassle-free financing experience. 

Anup Saha, Deputy MD, Bajaj Finance said, “Our partnership with Daimler India Commercial Vehicles is unique and set to redefine customer experience in the commercial vehicle financing space.  We are rolling out bespoke solutions for various customers from single truck owners to fleet operators providing them flexible financing options designed to optimise their cash flows and fuel their business growth. Our digital solutions leveraging the India Stack make the experience of owning commercial vehicles swift and seamless. The commercial vehicle industry is showing immense promise. Daimler’s state-of-the-art products and the tech-led financing experience of Bajaj Finance will empower small and large fleet owners alike. The partnership will enable us to jointly contribute to the growth of India's logistics and transportation sectors.”

In addition, Bajaj Finance will be able to leverage the growing network of DICV to tap into new markets and customer segments, significantly broadening its footprint and enhancing its market penetration capabilities. 

Tata Motors Launches New Winger Plus At INR 2 Million

Tata Winger Plus

Mumbai-headquartered commercial vehicle major Tata Motors has launched its all-new 9-seater Tata Winger Plus at INR 2.06 million.

The Winger Plus is aimed at customers looking to offer a premium mobility experience for staff transportation and growing tourist demands. It features such as reclining captain seats with adjustable armrests, personal USB charging points, individual AC vents and spacious leg room. Built on a monocoque chassis, it comes with wide cabin and large luggage compartment, at the same time providing car-like ride and handling, along with robust safety.

Anand S, Vice-President and Head – Commercial Passenger Vehicle Business, Tata Motors, said, “The Winger Plus has been thoughtfully engineered to deliver a premium experience for passengers and a compelling value proposition for fleet operators. With its superior ride comfort, best-in-class comfort features, and segment-leading efficiency, it is designed to drive profitability while offering the lowest cost of ownership. India’s passenger mobility landscape is evolving rapidly—from staff transportation in urban centres to the rising demand for tourism across the country. The Winger Plus is built to serve this diversity, setting new benchmarks in the commercial passenger vehicle segment.”

The Winger Plus is powered by a 2.2L Dicor diesel engine, which produces 100hp of power and 200Nm of torque. It is equipped with Tata Motors’ Fleet Edge connected vehicle platform that provides real-time vehicle tracking, diagnostics and fleet optimisation.

Switch Mobility Begins Delivery Of Electric Buses To Delhi

Switch Mobility - EIV12

Switch Mobility, a subsidiary of the Hinduja Group and a leading manufacturer of electric vehicles, has commenced delivery of its Switch EIV12 low-floor electric buses to the Department of Transport, Delhi. The buses are part of a landmark 950-unit order awarded under the CESL tender and were officially flagged off by Delhi Chief Minister Rekha Gupta.

The deployment marks a significant step in Delhi's transition toward sustainable urban mobility. Manufactured at Switch’s facility in India, the buses are a testament to the company's ‘Make in India for the World’ vision, combining global technology with local manufacturing.

Designed for Delhi’s demanding urban transit, the 12-metre buses can accommodate 39 passengers and are equipped with advanced safety and convenience features, including a wheelchair ramp, CCTV cameras, panic buttons and GPS tracking.

R G Venkataraman, Chief Commercial Officer, Switch Mobility, “We are delighted to commence delivery of our SWITCH EiV12 electric buses to Delhi, reinforcing the capital’s leadership position in sustainable urban transportation. These low floor electric city buses, engineered with advanced global technology and manufactured with pride in India, will significantly enhance Delhi’s public transport ecosystem while contributing to cleaner air and improved quality of life for millions of commuters. This deployment underscores our commitment to empowering Indian cities with intelligent, efficient and eco-friendly transportation solutions that drive progress towards a more sustainable future.”

The new buses utilise the company’s proprietary telematics system, Switch iON, for real-time monitoring and efficient fleet management. Additionally, they feature a streamlined, ultra-low-floor design for easy boarding and are equipped with a fire detection and suppression system for enhanced safety. This rollout aligns with the Delhi Government's aim to have the highest number of electric buses in India, with the potential to reduce CO2 emissions and provide safer commutes for millions of daily passengers.

Piaggio Vehicles Partners Hinduja Leyland Finance For Three-Wheeler Retail Finance

Piaggio Vehicles Partners Hinduja Leyland Finance For Three-Wheeler Retail Finance

Piaggio Vehicles (PVPL), a subsidiary of the Piaggio Group and leading manufacturer of small commercial vehicles, has partnered Hinduja Leyland Finance.

The partnership aims to provide Piaggio Vehicles’ customers access to retail finance options on its three-wheeler range, including electric and Internal Combustion Engine (ICE) vehicles in India.

Diego Graffi, Chairman and Managing Director, Piaggio Vehicles, said, “India’s mobility landscape is evolving rapidly. From small entrepreneurs to fleet operators, a new class of owners is emerging, and they need financing that understands their realities. With this partnership, Piaggio and Hinduja Leyland Finance are bringing together the strength of two trusted brands to make vehicle ownership simpler, faster, and more accessible. Together this partnership can enable progress, powered by mobility that people can truly call their own.”

Sachin Pillai, Managing Director & Chief Executive Officer, Hinduja Leyland Finance, said, “This partnership brings together our expertise in vehicle financing and Piaggio’s presence in the three-wheeler segment to help customers acquire and manage their vehicles efficiently. Leveraging our extensive network and reach across India, Hinduja Leyland Finance aims to provide solutions that support last mile connectivity, asset ownership, and income generation for customers across the segment. By combining our financing reach and agility with Piaggio’s product offerings, we are making the 3-wheeler ownership more accessible for the customers through a customised financing process”. 

Ashok Leyland Expands Presence In Uttar Pradesh With New Dealership

Ashok Leyland - LCV dealership

Ashok Leyland, the flagship company of the Hinduja Group, has opened a new 3S dealership for light commercial vehicles (LCVs) in Agra, marking its fifth LCV dealership in Western Uttar Pradesh. Operated by channel partner Maya Autotech, the new dealership is equipped with advanced tools and quick-service bays to provide a superior customer experience. It will offer Ashok Leyland's full range of LCVs, including the Bada Dost, Dost, Saathi, Partner and MiTR models.

It was just recently, the company entered the sub-2-tonne segment with the launch of the Ashok Leyland Saathi. Powered by a new-generation 45 hp engine, the Saathi features an industry-leading payload capacity of 1,120 kg and the largest loading area in its class.

On the other hand, the popular Bada Dost is available in five variants and is equipped with an 80 hp BS6 engine, offering high power, mileage, and payload capacity. The Dost range includes the Dost Xl and Dost+ XL, while the Partner is a fuel-efficient load carrier available in both 4-tyre and 6-tyre options. The MiTR bus, built on the same platform as the Partner, comes in staff and school bus variants.

Viplav Shah, Head of LCV Business at Ashok Leyland, said, “Uttar Pradesh has always been a key market for us, and we are delighted to deepen our presence here with the new dealership in Agra. Our journey with customers in this region has been shaped by trust, performance, and shared progress. The new dealership in Agra builds on the remarkable success of our Dost, Bada Dost and now the Saathi range, which continue to earn the trust of customers for their superior mileage, performance, and reliability. Our strong network and an exceptional service retention rate of nearly 70 percent reflect the deep confidence customers place in us. This dealership is another step forward in our commitment to deliver world-class products and unmatched service, ensuring an exceptional experience for every customer.”

Ashok Leyland’s LCVs were developed to meet the specific needs of Indian customers, combining modern technology with competitive pricing. The company has a significant presence in the segment, with over 550,000 LCVs currently operating across India.

All of these LCVs are manufactured at Ashok Leyland's state-of-the-art plant in Hosur. With a network of more than 1,700 exclusive outlets nationwide, the company aims to have an authorised service center every 75 km on major highways.