Tagged: CV

Now, truck companies cut production to manage stocks 0

Truck companies cut production

Automotive dealers body — FADA estimates the current Truck inventory levels in commercial vehicles at 45-50 days and dealers are pushing for lower stock levels prompting production cuts. Chennai: Truck companies are cutting production...

NBFC showdown continue to dull CV demand in May 0

NBFC showdown continue to dull CV in May

Overall commercial vehicle(CV) domestic sales dropped by 10 per cent in May 2019 at 68,847 units compared to 76,517 units in the same month last year. New Delhi: Three of the six major commercial...

Temporary liquidity blip, CV growth to remain strong: ICRA 0

Temporary liquidity blip, CV growth

CV growth will largely be driven by a pick-up in infrastructure sector and stable demand from core freight-intensive sectors such as cement, steel, automobiles, and EXIM trade. New Delhi: Credit rating agency, ICRA in its year end...