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...
Tagged: Truck Sales
Truck sales volume may remain flat in the current year
In July, the GST implementation caused a confusion. But from August the Truck sales volumes are picking up, said Anuj Kathuria, president, global trucks of Ashok Leyland Ltd. Truck sales growth may remain flat...
Commercial vehicle production in India has dipped since Dec 2016
According to SIAM statistics, the entire commercial vehicle segment has been witnessing flat-to-negative production growth since December 2016 and March 2017 too should not be any different. Despite the brouhaha over unsold Bharat Stage...
Scrappage scheme can boost CV sales by 65%
6.8 lakh CVs worth Rs 66,500 crore were sold in fiscal 2016, the V-VMP scheme could lead to incremental sales of 4.4 lakh CVs (primarily MHCVs) worth Rs 66,000 crore. The Voluntary-Vehicle Modernisation Programme...
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