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'Seasonal fruits, including mangoes, kept some hubs busy. While there was a decline in truck rental, the fleet occupancy remained around 70 per cent'
The German firm aims for its new trucks and buses to be carbon-neutral in Europe, Japan, and the USA by 2039, and globally by 2050
For the first time since Covid outbreak, revenue of the operators is outpacing income and prompting them not only to replace older trucks but also expand fleet
Domestic medium and heavy commercial vehicle (M&HCV) sales were up 132 per cent at 3,473 units
Rebound in oil and gas vertical, passenger vehicle volume growth are other triggers
In a Q&A, Anuj Kathuria dwells on the segment shift towards intermediate commercial vehicles (ICVs) and tippers
Light and small trucks leading sequential resurgence
Company's Light commercial Vehicle (LCV) sales grew by 20 per cent to 4,567 units from 3,816 units
Balance-sheet squeeze makes purchase of trucks impractical, they say
Daimler India is taking on rivals Tata Motors and Ashok Leyland with its BS-VI line of vehicles
India's economy grew by 5 per cent in the June quarter, the slowest in over six years. The manufacturing sector fared worse, growing at an abysmal 0.6 per cent. Listen to this podcast to know more
The biggest drop was in trucks, whose sales declined by 59 per cent to 3,335 units in October from 8,124 units in the same month a year ago
Sales of Mahindra's heavy trucks dropped to 3,427 units in the eight months from April to September
Volumes during August were dragged down by the top two manufacturers, which together sell more than seven in every 10 trucks
Combined sales at top four manufacturers - Tata Motors, Ashok Leyland, Volvo Eicher Commercial Vehicles, and Mahindra and Mahindra - dropped 20 per cent to 20,324 units in November
Mumbai, 2 AprilTruck and bus sales in India rose at a brisk pace in the financial year that ended March 31, with most companies in the sector reporting record sales volumes. A pick-up in infrastructure projects, overload bans in some key states and easy financing fuelled the demand. Cumulative commercial vehicle (CV) sales of the top four manufacturers rose 20.6 per cent to 856,000 units during 2017-18 over a year before, according to monthly sales data released by the companies on Monday, barring Bharat Benz, the truck brand of Daimler India Commercial Vehicles -- it does not share monthly or yearly sales data.Order flow at listed capital goods and construction companies, one of the primary users of CVs, rose sharply in FY18, according to the data compiled by the Business Standard Research Bureau. Orders from here rose 69 per cent during the year to about Rs 2.8 trillion.Most manufacturers saw record sales. The strong performance of medium and heavy duty trucks, biggest ...
Estimates exports to reach 160,000 vehicles by 2019-20
Truck sales are expected to decline in 2017-18 on a slowdown in replacement demand