Page 5 - Commercial Vehicle

After 3 yrs of challenges, auto sector may see double-digit growth in FY23

Industry insiders, analysts say SUVs to lead the charge among cars, two-wheelers to make strong comeback

Truck, bus sales by top-5 manufacturers up 64% to 65,540 units in April

Though growth was seen across segments, big sales push came from small CVs used for last-mile delivery as demand from e-commerce firms remained strong

Commercial vehicle prices to go up in Delhi as govt mulls hiking road tax

The prices of cars, SUVs and commercial vehicles in Delhi may go up as the transport department proposes a hike in road tax of some categories of vehicles, official sources said on Monday.

Ashok Leyland partners Mahindra First Choice for used commercial vehicles

Pre-owned or re-purposed vehicles sector is experiencing exponential and consistent growth since the beginning of the pandemic

Tata Motors may see major re-rating amid apparent recovery in CV biz

Strong rebound likely over the next two years could boost sentiment

Tata Motors bags order for 1,300 commercial vehicles from VRL Logistics

Tata Motors on Thursday said it has bagged an order for 1,300 commercial vehicles from VRL Logistics. The order comprises medium and heavy commercial vehicle and intermediate & light commercial vehicle range, suited for logistics operations of VRL Logistics, the Mumbai-based automaker said in a statement. The vehicles were selected basis the superior drivability, high fuel efficiency and low total cost of ownership, which will enable VRL Logistics to increase its fleet efficiency, it added. "We endeavour to engineer our vehicles to offer the lowest total cost of ownership and our widest service network will ensure best-in-the-industry service support in all corners of the country. We look forward to a fruitful partnership with VRL Logistics and will offer the best support for their seamless operations," Tata Motors Commercial Vehicle Business Unit Vice President, Sales & Marketing Rajesh Kaul noted. Tata Motors said its commercial vehicles are designed and engineered on the ...

Dramatic change in Tata Motors' domestic biz, analysts give it more weight

Equity value of India business comprised of commercial and passenger vehicles now accounts for over half the value in SOTP calculations as compared to 0-30% two years ago

Ashok Leyland expects turnaround in CV business, 30% market share in FY23

Having endured a few very tough quarters, the commercial vehicle major has seen its overall market share hovering around 24-25 per cent

Ashok Leyland wants to be the leader in CNG commercial vehicles

The share of commercial vehicle has constantly increased and is currently at 10 percent of the industry

Recovery in CV cycle, chip supply improvement to support Bosch stock

Margin expansion aided by localisation efforts is another trigger

Volvo Eicher Commercial Vehicles sees 69% surge in sales in FY22

The company sold 32,050 units during the first eight months of 2019-20.

Easing supply and pent-up demand to boost auto sales: A CRISIL analysis

Commercial vehicle (CV) volumes are expected to rise 20-22 per cent this fiscal, aided by economic recovery and the government's infra spending.

Tata Motors to hike prices of commercial vehicles from Jan 1

Due to increase in the prices of commodities an increase in price by 2.5% will be implemented from January 1, 2022 , says the company

Ashok Leyland's commercial vehicle sales slip 2% to 10,480 units in Nov

Hinduja flagship firm Ashok Leyland on Wednesday reported a 2% decline in total commercial vehicle sales to 10,480 units in November.

Tata Motors unveils 21 new commercial vehicles across all segments

Products include seven M&HCV segment, five in I&LCV segment, four in small commercial vehicles and pick-ups (SCV and Pus) and five in passenger commercial vehicles

London Electric Vehicle Company gears up to launch TX model in India

Commercial electric vehicle manufacturer London Electric Vehicle Company (LEVC) is geared up to roll out electric TX vehicle in the Indian market in collaboration with Exclusive Motors

Ex-Ford India head Anurag Mehrotra joins Tata Motors' CV business unit

Following the restructuring announced by Ford, Mehrotra, 48, resigned from the firm on September 24

Tata Motors drives in CNG version of Tata 407 at Rs 12.07 lakh

Tata Motors on Monday said it has launched the CNG version of its light commercial vehicle Tata 407 priced at Rs12.07 lakh (ex-showroom, Pune). Tapping into the benefits of CNG, the vehicle offers profits of up to 35 per cent over the diesel variant, Tata Motors said in a statement. The vehicle comes with a 10-feet load deck and further strengthens the company's extensive CNG portfolio, ranging from 5-tonne to 16-tonne gross vehicle weight (GVW), in the intermediate and light commercial segment, it added. "With a steep increase in diesel prices, CNG vehicles have the potential to increase the profit potential significantly, and we are confident that the 407 CNG, in addition to the widest CNG range offered by Tata Motors, will bring a lot of value to our customers," Tata Motors Vice President (Product Line I&LCV) Rudrarup Maitra said. Arguably the most legendary commercial vehicle in India, with over 35 years legacy, the vehicle has consistently remained a customer-favourite, ...

Ashok Leyland posts net loss of Rs 282 cr in Q1; Volume points to recovery

The loss in the year-ago quarter was Rs 389 cr; three-fold spike in Q1FY22 revenue from operations

Auto loan firms hope for better after suffering in rural India's Covid pain

NBFCs and banks reported a rise in loan defaults when the pandemic's second wave hit the hinterland