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