SIAM said the slowdown in the commercial vehicle segment might continue in Q3FY20 owing to the implementation of various regulations
Tata Motors, Ashok Leyland key gainers; infra boost, consumption uptick needed for trend reversal
Ashok Leyland 's competitor Tata Motors recently decided to close its Pantnagar facility for two days.
Sale of M&HCVs grew 42 per cent in the December quarter, up from 20 per cent in the September one
Improvement in volumes for Tata Motors, Leyland and Volvo Eicher hinges on pick-up in infra activity
India Ratings believes that the demonetisation drive has impacted the second-hand CV market
Price rise of about 10% is expected on vehicles, besides servicing issues for newer technology ones
After a tough December quarter, they expect a better March quarter