Category: Trucking News

it hard by the ongoing lockdown, private bus and truck operators have sought the intervention of the State Government for further deferment of their loan repayment by three months till August to overcome the financial difficulties.

RENEWAL FEE FOR COMMERCIAL VEHICLES

The Government of India wants to curb this and has proposed a higher registration fee for new passenger and commercial vehicles. Vehicular pollution has been on the rise with the large number of vehicles...

Now, truck companies cut production to manage stocks

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...

Commercial Vehicles Older Than 10 Years to be Scrapped: Union Minister Nitin Gadkari

Commercial Vehicles Older Than 10 Years

Union Minister Nitin Gadkari confirmed that such a policy to scrap Commercial Vehicles older than 10 years is aimed at curbing the country’s air pollution. An integrated policy to scrap commercial vehicles that are...

NBFC showdown continue to dull CV demand in May

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...