AMW Motors ties up with L&T Finance for vehicle loans

The strategic tie-up will give transport community a real boost, says L&T Finance COO

Commercial vehicles maker AMW Motors today has tied up with L&T Finance to provide retail financing options for its range of medium and heavy haulage vehicles and tippers, the company said today.

The agreement will help provide loans for the entire range of AMW vehicles such as tippers, the new AMW haulage range and other special purpose vehicles, AMW Motors said in a statement.

"We are privileged to be associated with L&T Finance and are confident that this tie-up will generate increased volumes for AMW and better overall productivity for customers," AMW Motors President A Ramasubramanian said.

L&T Finance COO G C Rangan said the strategic tie-up with AMW will give transport community a real boost.

"It is our continuous endeavour to make availability of finance more convenient and customer friendly and with this partnership, we believe, we will be able to help people in buying their choice of commercial vehicle," he added.

AMW sells trucks ranging from 16 to 49 tonnes.