Truck Rentals down by 15% from Nov to May
The ongoing slowdown in factory output and the increase in cargo capacity — thanks to the new axle norms — has hit freight rentals by 13%-15%. According to Indian Foundation of Transport Research &...
Tagged: FY19
Commercial vehicles may end up in slow lane
Sales of Commercial vehicles have slowed down since the second half of FY19. After a year of rapid growth, the Indian Commercial vehicles market is set to witness a modest pace of expansion this...
Roller-coaster ride for commercial vehicles
The uptick was aided by a low base effect since commercial vehicles sales had nearly ground to a halt during the first few months of FY18 due to a shortage of BS-IV compliant parts....
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