Drying replacement demand, less-than-expected Q1 GDP growth numbers and falling coal production has adversely affected demand for the medium and heavy commercial vehicle (M&HCV) segment as sales fell for the third month in a...
Truck rentals registered a fall of 2.5-3% on trunk routes during August due to inadequate cargo. Freight rates fell 1.5% each in July and June. According to Indian Foundation of Transport Research and Training...
According to a forecast report by PwC Autofacts, India’s light vehicle production (including cars, utility vehicles and light commercial vehicles will drive sales, taking production to 4.1 million units this calendar. For the first...
Mahindra Trucks and Buses Ltd today said it will relook into its bus business strategy after a year or two once the company implements the ongoing Rs 700 crore project to rollout ICV (intermediate...
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