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Latest Articles in commercial vehicle

Tata Motors Sales Drop 38 % To 24,552 Units In May

Commercial vehicle sales in the domestic market stood at 9,371 units, down 35 per cent from 14,435 units in March

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CV Sector Should Resort To Digital Transformation: Grant Thornton

Telematics, Electrification Evolving Regulations, IoT, Big Data, etc. to shape the revival of CV Industry post Covid

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Sweden's Scania Admits 'Misconduct' In India After Contract-For-Bribes Report

Scania had also falsified truck models by replacing chassis numbers and license plates on trucks in order to sell them to an Indian mining company in a deal worth close to 100 million Swedish crowns ($11.8 million)

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Auto Parts Industry Revenue To Grow 16-18 % In FY22; Outlook Revised From Negative To Stable: ICRA

ICRA expects the domestic auto component industry's revenue to grow by 16-18 per cent in 2021-22, supported by increasing content per vehicle, low base effect and higher realisations, partly from the pass through of commodity price hikes.

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Commercial Vehicle Sales In India May Take Longer To Recover Than Expected: Ind-Ra

The ratings agency reiterated that MHCV sales could decline by 35-45 per cent year-on-year (y-o-y) in FY21, though the decline in LCV sales is likely to be contained within 20-25 per cent.

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Tata Motors Drives In LCV Model To Cater To Urban Transportation Segment

The reduced turnaround time ensures higher earning potential for the truck owners and brings more efficiencies in the logistics sector for profitability

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German Prosecutors Search Offices In Fiat, Alfa Romeo Emissions Probe

The investigation, which is coordinated by EUROJUST, focuses on nine individuals living in Italy and their activities between 2014 to 2019

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Vipin Sondhi Braces Up For His Innings At Ashok Leyland

The ALL is the second-largest commercial vehicle manufacturer in India, third largest manufacturer of buses in the world and 10th largest manufacturer of trucks globally.

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Moody's Cuts India's GDP Growth Forecast To 5.6% For 2019

Moody's expects economic growth to pick up in 2020 and 2021 to 6.6 per cent and 6.7 per cent respectively.

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Ashok Leyland Stock Tanks As Co Plans To Suspend Production For Up To 15 Days

The commercial vehicle major on Friday said it will suspend manufacturing at its various plants for up to 15 days this month in order to adjust production to market demand.

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Ashok Leyland Sales Dips 55% In Sep At 8,780 Units

The company had sold a total of 19,374 units in the same month last year, Ashok Leyland said in a regulatory filing.

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Bajaj Auto Total Sales Down 20 Per Cent At 4,02,035 Units In September

Domestic sales in September this year stood at 2,15,501 units as against 3,11,503 units, down 31 per cent, Bajaj Auto said in a regulatory filing.

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