Page 8 - Commercial Vehicle

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

Our aim is market share growth with an eye on margins: Ashok Leyland CEO-MD

In a Q&A, Vipin Sondhi says the firm will launch more LCVs and step up exports to Africa and Middle East as part of its de-risking strategy

Recovery hopes drive gains for pure-play CV maker Ashok Leyland

Street expects trend to continue with valuations supporting upmove

SML Isuzu temporarily suspends production at manufacturing plant in Punjab

Commercial vehicles maker SML Isuzu on Monday said it will temporarily suspend production at its manufacturing plant in Punjab till June 11 due to supply issues and lower demand

Ashok Leyland May sales rise to 3,199 units from 1,420 units in April

Commercial vehicles major Ashok Leyland Ltd closed last month with sales of 3,199 units up from 1,420 units sold in May 2020.

Ashok Leyland announces relief measures for pandemic-hit stakeholders

Commercial vehicles major Ashok Leyland on Tuesday announced various measures such as extending emergency support to vehicles transporting COVID essentials

Piaggio Vehicles adds 100 dealerships pan-India in commercial, PV biz

Piaggio Vehicles on Tuesday said it has added 100 dealerships in both its commercial and passenger vehicle businesses across India in 100 days despite challenging times.

Tata Motors reviewing CCI order on probe against commercial vehicle biz

Tata Motors said it is reviewing the order by the CCI to initiate an investigation against its commercial vehicles business in India for alleged abuse of its dominant position

Multiple tailwinds likely to lift Bharat Forge further in FY22: Analysts

Most of its segments are expected to be in positive territory for the first time in several year

Tata Motors sees CV industry growth at over 30% next fiscal

Homegrown auto major Tata Motors expects the commercial vehicles industry to grow over 30 per cent in the next fiscal on the back of cyclical demand uptick and overall recovery of economic activity, according to a top company official. The company, which on Thursday launched its latest range of intermediate and light commercial trucks (I&LCV) - the Ultra Sleek T-Series with price starting from Rs 13.99 lakh (ex-showroom Delhi), is also seeking to cash in on the return of demand and enhance its market share in the segment. "One can now say that the economic recovery is well and truly in place and we see the last quarter GDP growth has been positive. The same thing is expected this year. Next year also both the government and RBI have given projections that the GDP should grow in double digits," Tata Motors President Commercial Vehicle Business Unit, Girish Wagh told reporters in a virtual conference. He further said, the commercial vehicles (CV) industry is very closely linked to ..

CV makers post strong sales in Feb on as mfg and infra activities pick up

MHCV segment has been improving on strong tipper & ICV pick-up; buses continues to be in red

Commercial vehicle recovery may gather speed in FY22, say analysts

Besides Ashok Leyland, a slew of auto component makers will likely gain from volume growth

Bridgestone India launches new drive axle tyre for commercial vehicles

Tyre maker Bridgestone India on Friday launched a new tyre, V-Steel Mix M721, for commercial vehicles to establish a strong presence in the drive axle tyre category