Commercial Vehicles

Olectra Greentech eyes exports from FY28, targets 10-20% of production in five years

Domestic dispatches rise 20-43% across major CV makers; M&HCVs lead growth as industry heads into festive period with stronger demand momentum

Tata Motors Ltd on Tuesday reported a 49 per cent growth in total commercial vehicle sales in August at 44,411 units as compared to 29,863 units in the same month last year. Domestic commercial vehicle sales were up 33 per cent at 36,619 units last month as compared to 27,481 units in August last year, Tata Motors Ltd said in a statement. International business volumes were at 7,792 units in August as against 2,382 units in the year-ago month, registering a 227 per cent growth year-on-year.

The April-July trend points to a broadening of goods-movement demand beyond metros, as experts cite diversification of the rural economy and GST-led consumption as supporting factors

Mahindra Truck and Bus on Monday launched its new-generation heavy commercial vehicle BLAZO i-TRK, equipped with an AI-enabled automatic drive mode and a 320 HP engine, with the company claiming it delivers up to 10 per cent better fuel efficiency. Unveiling the heavy vehicle range at an event here, the company boasted that the new truck could potentially generate up to Rs 15 lakh in additional profit per vehicle over five years through fuel savings and improved operational efficiency. The entire BLAZO i-TRK range is powered by Mahindra's 7.2-litre mPOWER engine delivering 320 HP and 1,100 Nm torque. The truck features the company's patented artificial intelligence-enabled iFuelSmart automatic drive mode, which continuously analyses road gradients, payload and driving requirements and automatically selects an optimum driving mode to improve fuel efficiency. Mahindra Truck and Bus president Vinod Sahay said India's freight and logistics sector was entering a new phase where technolo

The Indian Auto LPG Coalition (IAC) on Friday urged the government to include Auto LPG-powered commercial vehicles in a proposed five-year extension of the age limit for certain vehicles operating under the national permit system. The Ministry of Road Transport and Highways (MoRTH) has proposed extending the prescribed vehicle age limit by five years for battery-operated, hydrogen fuel-based and natural gas-driven commercial vehicles covered by the national permit regime. Welcoming the proposal, the IAC said Auto LPG vehicles that meet prescribed safety, fitness and emission standards should also qualify for the extension, arguing that cleaner-mobility policy should remain technology-neutral. "The proposed five-year extension for EVs, hydrogen and natural gas vehicles is a welcome step, but cleaner mobility policy cannot be technology-selective. Auto LPG must also be included. It is a proven, readily available and cost-effective transport fuel that can reduce vehicular emissions ...

Tata Motors Commercial Vehicle share price hit intra-day high of ₹487.40, its highest level since March 3, 2026, after gaining 2 per cent on the BSE in Thursday's intra-day trade.

Arai completed field trials and collected data from all 16 diesel vehicles tested

Ashok Leyland expects robust volume growth in the near term and margin recovery from Q3FY27, aided by price hikes, cost controls, replacement demand and market-share gains

TMCV is set for double-digit revenue and profit growth in FY27, backed by strong demand, market share gains, exports and improving cash generation

The commercial vehicle maker reported a net profit of Rs 2,560 crore as volumes rose 26 per cent, but commodity inflation weighed on margins and prompted price increases

The company expects exports to contribute 35 per cent of FY27 revenue as demand improves in North America and Europe, helping absorb newly created manufacturing capacity

The Naya Safar Yojana combines subsidies, tax waivers, and cheaper loans to encourage cleaner commercial vehicles across the capital

Looking ahead, while commodity pressures will persist, Tata Motors expects the momentum to continue, driven by gradual improvement in customer sentiment which had seen softening during June quarter.

Chairman N Chandrasekaran says the combined Tata Motors-Iveco business could lift annual revenue to $35-40 billion in five years, boosting global scale and technology

Commercial vehicle wholesales rose 13.5 per cent in May, supported by GST cuts and a favourable base, but ICRA expects growth to moderate to 4-6 per cent in FY27

Tata Motors says commercial vehicle electrification is nearing a tipping point, driven by improving economics, localisation and policy support

While Tata Motors Commercial Vehicles is targeting higher market share and double-digit margins, concerns over Iveco integration and input costs may limit near-term upside

Digital platforms, international operations and mobility services are emerging as key growth drivers as Tata Motors Commercial Vehicles seeks to reduce cyclicality

Tata Motors on Thursday said it will hike prices of commercial vehicles by up to 2.5 per cent across its range from July 1 to partially offset the impact of rising commodity prices and other input costs. The price increase will vary depending on the model and variant, Tata Motors said in a statement. The price increase is being undertaken to partially offset the impact of rising commodity prices and other input costs, it added.