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...
Tagged: medium and heavy commercial vehicle
Tata Motors expects 15% growth in CV exports
Tata Motors‘ share in the medium and heavy CV market came down to 49.2 per cent in fiscal 2017 from 52 per cent. In light CVs, it marginally declined to 38 per cent. On...
India’s Oil Demand Is Set To Break More Records
India continues to look for alternatives to oil imports as its auto sector, economy, and population continue to boom. India’s oil consumption growth reached a record-level 11 percent last year as an increasing urban...
Indian CV Inc likely to register volume growth of 5-6% in FY2017
After a healthy growth in the first quarter, the CV industry suffered due to weak replacement demand and deferment of purchase by fleet operators on uncertainty related to impact of GST on vehicle prices....
Truck sales hit a speed bump in Nov; more stress likely
According to estimates available with ratings agency Crisil, overall sales in the commercial vehicle segment (MHCVs and light commercial vehicles or LCVs) was under the 40,000-mark in November. Sales of medium and heavy commercial...
Commercial vehicle sales back on track in October…!!!
Sales of these trucks with payload capacity of at least 7.5 tonnes are estimated to have increased 12.7% from a year earlier to 23,874 in the past month, said industry sources. Sales of medium...
Volvo’s R&D Facility in India developing a Truck for Global Markets
The truck is said to be slated in the 10-15 tonne category with major design inputs from the India Team. Volvo’s R&D facility located in Bangalore is busy developing a medium duty truck for...
Tata Motors focuses on cargo vehicles & tippers
Tata Motors today said it is focusing on cargo vehicles, including tippers, even as the medium and heavy commercial segment grew by just 3% in April-August. Rajesh Kaul, Business Head, Medium & Heavy Trucks,...
Medium, heavy truck replacement demand drops
After a top gear run till earlier this year, the segment has been sputtering for the past three months and top truck and bus makers like Tata Motors, Ashok Leyland, Volvo Eicher have seen...
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