Cholamandalam Finance, Force Motors in tie up

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Chennai, Jun 23 (UNI) Cholamandalam DBS Finance Limited, a leading NBFC and Force Motors Limited, a leading commercial vehicle manufacturers have entered into a startegic alliance of commercial vehicles on a pan India level.

''The alliance would be a win-win situation for the customer, manuacturer and the financier as we can now reach tailored finance products to our customers'', Force Motors Director Sudhir Metha said in a release here today.

''Our decision to have an alliance with Force Motors addressess the strategic deliverables of a steady and assured inflow of financing volumes, while ensuring risk mitigation through a mutual understanding on risk containment by both parties'', Cholamandalam DBS Managing Director Atul Pande added.

UNI SNR VV 1634

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