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commercial vehicles

Automobile retail sales grow 12% to 42.88 lakh units in festive period: FADA

Automobile retail sales grow 12% to 42.88 lakh units in festive period: FADA

Fri, Nov 15, 2024

Automobile retail sales in India rose 12 per cent year-on-year to 42,88,248 units in the 42-day-long festive period this year, dealer's body FADA said on Friday. The overall automotive registrations in the festive period of the last year stood at 38,37,040 units.

VE Commercial Vehicles signs pact with Baidyanath LNG for deployment of 500 LNG trucks

VE Commercial Vehicles signs pact with Baidyanath LNG for deployment of 500 LNG trucks

Tue, Aug 27, 2024

Volvo Eicher Commercial Vehicles (VECV) has partnered with Baidyanath LNG Private to deploy 500 LNG trucks, aiming to develop green trucking routes and enhance the LNG Corridor in India.

Commercial vehicle sales surge amid rapid urbanisation, economic growth in India

Commercial vehicle sales surge amid rapid urbanisation, economic growth in India

Wed, Jul 24, 2024

Driven by friendly government policies, rapid urbanisation and economic growth, sales volumes of commercial vehicles (CV) have nearly recovered to the pre-Covid times, according to Girish Wagh, Executive Director of Tata Motors.

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Demonetisation affected repayment of auto loans: Fitch Ratings

Demonetisation affected repayment of auto loans: Fitch Ratings

Fri, Jan 27, 2017

According to Fitch, small auto loan borrowers have been affected the most but that would not impact credit ratings as there are sufficient external credit enhancement to cover the likely short-term impact on the lenders rated by it.

Recovery on after initial demonetisation impact: Tata Motors

Recovery on after initial demonetisation impact: Tata Motors

Thu, Jan 26, 2017

"It was huge in both businesses (passenger and commercial vehicles) but not only on us but had huge impact on industry as well," Tata Motors Chief Executive Officer and Managing Director Guenter Butschek told PTI when asked about the impact of demonetisation.

Tata Motors launches Hybrid, Electric buses; gets first order for 25 units

Tata Motors launches Hybrid, Electric buses; gets first order for 25 units

Wed, Jan 25, 2017

Mumbai-based MMRDA has already placed an order for 25 hybrid buses and will be delivered by Q1 FY18.

Except Maruti Suzuki, Eicher Motors, automobile companies to report weaker Q3 results

Except Maruti Suzuki, Eicher Motors, automobile companies to report weaker Q3 results

Fri, Jan 13, 2017

A majority of automobile companies are expected to report weaker earnings during Q3, with the exception of Maruti, Suzuki and Eicher Motors

Ashok Leyland sales drop 12% in December

Ashok Leyland sales drop 12% in December

Mon, Jan 02, 2017

Commercial vehicles major, Ashok Leyland announced a 12% drop in December sales on Monday. The company’s total sale volume declined from 12,154 units in 2015 to 10,731 this year.

Tata Motors signs up Akshay Kumar as brand ambassador for CVs

Tue, Dec 27, 2016

"Indian cinema's 'original Khiladi' will make his blockbuster entry in this new role at the launch of Tata Motors' latest offering in commercial vehicles, slated in January 2017," the company said in a statement.

Tata Motors November sales hit by demonetisation; CV sales drop 17%

Tata Motors November sales hit by demonetisation; CV sales drop 17%

Thu, Dec 01, 2016

The passenger car sales continued its growth momentum due to strong demand for the Tata Tiago, the company said.

Small cars, two-wheelers, CV sales to stabilise quickly after demonetisation

Small cars, two-wheelers, CV sales to stabilise quickly after demonetisation

Wed, Nov 30, 2016

However, the sale of luxury cars is expected to be hit the hardest and may take a while for it to recover.

This is how GST is impacting commercial vehicle sales

This is how GST is impacting commercial vehicle sales

Mon, Oct 10, 2016

MHCV sales declined by 14% in Q2 FY17 from a huge 43% growth in the corresponding quarter last year, according to data from Society of Indian Automobile Manufacturers (SIAM).

CV segment: Tata Motors' receives order worth Rs 900 crore from 25 STUs

CV segment: Tata Motors' receives order worth Rs 900 crore from 25 STUs

Tue, Sep 06, 2016

Sandeep Kumar, Business Head of Tata Motors said," We have nearly doubled our order book in FY16-17 already and are adequately prepared to cater to the current and future demand coming in for our business."

Super Carry: Maruti Suzuki plans to expand its commercial channel to 50 outlets

Super Carry: Maruti Suzuki plans to expand its commercial channel to 50 outlets

Thu, Sep 01, 2016

RS Kalsi, Executive Director of Maruti said," The company has changed the way India drives, similarly Super Carry will bring in a revolution in the LCV segment, Out target is to reach out to more customers, for this we plan to set up 50 showrooms across five states. "

M&M's commercial vehicle owners to get DigiSense app

M&M's commercial vehicle owners to get DigiSense app

Fri, Aug 26, 2016

According to M&M, the smartphone app, will "enable new form of communication between the customer and Mahindra vehicles."

A large rise in economic growth around the corner with increase in CV sales?

A large rise in economic growth around the corner with increase in CV sales?

Mon, Jul 11, 2016

A sharp revival in CV sales is often followed by a swift turnaround in the manufacturing sales.

Car sales decline marginally in May; CV sales rise by robust 17%

Car sales decline marginally in May; CV sales rise by robust 17%

Thu, Jun 09, 2016

Domestic passenger car sales dipped marginally by 0.86% to 1,58,996 units in May from 1,60,371 units in the year-ago month.

Indian Railways is giving a tough fight to truckers. Who will win the battle?

Indian Railways is giving a tough fight to truckers. Who will win the battle?

Fri, May 13, 2016

A sharp revival in CV sales is often followed by a swift turnaround in the manufacturing sales. However, this has not been the case this time.

Bajaj Auto's April sales decline 2% on large dip in commercial vehicle

Bajaj Auto's April sales decline 2% on large dip in commercial vehicle

Mon, May 02, 2016

This was largely due to a large fall in its commercial vehicle sales which plunged by 24% in April 2016

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