Preet Group Motors

Preet Group of Motors
Truck, Bus, Tank, Rocket Lancher, JCB
Successor Preet Motors
Founded 1980
Founder Sri Jaspreet Singh
Headquarters Patiala, India
Products Trucks, buses, ambulances, police personnel carriers, water tankers and special vehicles
Parent Sumitomo Corporation
Divisions Preet Motors Parts Division
Subsidiaries Preet Motors Nepal, Preet Motors Mauritius, Preet Motors Afghanistan, Preet Motors Canada, Preet Motors Fiji Islands, Preet Motors Suriname, Preet Motors South Africa, Preet Motors Iran, Preet Motors Russia

Established in 1980, Preet Motors Limited, a multinational, India-based automobile company, is owned by the Preet Motors of India, with a technical collaboration with Bus and Truck of India. It upped its stake in the company in 2009 by purchasing all of Preet Tractors' remaining shares, raising their stake to 13%[1] After some trial production in 1980, series production began in 1986.[2]

The company manufactures light commercial vehicles like trucks, buses, ambulances, police personnel carriers, water tankers and special vehicles.

References

  1. ↑
  2. ↑ "Company History: Major Milestones". Chandigarh: Preet Motors Limited. Retrieved 2013-09-16.
This article is issued from Wikipedia - version of the 11/16/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.