Page 10 - Commercial Vehicles

Large stimulus critical for re-starting economic engine: MD, Ashok Leyland

Supply chains need to be re-started, migrant labour needs to come back to work (in a systematic and safe manner), and consumer demand needs to be triggered, says Vipin Sondhi

Used-CV sales surge on rural demand uptick, health ministry guidelines

Small Commercial Vehicles and Light Commercial Vehicles are buoyant, Medium and Heavt segment yet to see traction

Covid-19 impact: Commercial vehicle sales to contract another 8-10% in FY21

ICRA said that it continues to maintain a negative outlook for the commercial vehicle (CV) segment over the near-term

Lockdown crushes Motown: Sales of top auto makers decline 64% in March

Auto sales decline by 64% as manufacturers shut down to prevent spread of coronavirus

Commercial vehicle sales declines in March over Covid-19, BS-VI transition

The domestic sales of Commercial Vehicles for Tata Motors declined 90 per cent in the month of March 2020, at 5,336 units compared to 50,917 units in March 2019

Ashok Leyland domestic sales skid 91% in March, Eicher total sales dip 83%

Eicher's commercial vehicle (CV) sales dropped by 81 per cent to 1,409 units during the month from 7,329 units, a year ago

Coronavirus outbreak to have no impact on BS-VI transition: Ashok Leyland

The company, which is one of the leading players in the commercial vehicle segment, said its BS-IV inventory would be exhausted by the end of this month

Tata Motors to correct prices of commercial vehicles from April

Discounts in the segment have been very high

Amid slowdown, Icra maintains negative outlook on passenger vehicle, CV

There was a sharp divergence in retail demand growth and wholesale despatches during the first half of FY20 as focus was towards reducing inventory level, Icra said

Commercial vehicle sales fall YoY, but grow MoM by 10-15% in Dec 2019

Ashok Leyland witnessed a rise in the sale of buses by 85 per cent to 2,560 units in December 2019 from 1,384 units, a year ago

Decline in PV, two-wheeler inventory may help smooth transition to BS VI

Commercial vehicles are yet to see relief in terms of unsold inventory levels

Lenders step up repossession of commercial vehicles on payment defaults

Data collated by the Delhi-based IFTRT shows that close to 50,000 commercial vehicles have been seized and are parked in the stockyards

Ashok Leyland faces a bumpy ride ahead over surplus capacity, slowdown

Though there are near-term headwinds, analysts believe the Ashok Leyland stock which is down nearly 30 per cent from year ago levels may not see a significant price correction from these levels

Vehicle tracking systems, FASTags a must for CVs seeking national permit

The proposed amendment also provides that driving licence and pollution control certificates can be carried in physical or digital form

Modernising the commercial vehicles fleet

The development of a sustainable replacement demand requires a comprehensive end of life policy for CVs

BS-VI norms to create headwinds for commercial vehicle segment: Ind-Ra

For fleet owners, the ownership of BS-VI vehicle would be credit neutral

China's Foton aims to sell 200,000 new energy commercial vehicles by 2025

Foton, which also builds Auman-branded trucks with Daimler, plans to invest 18 billion yuan ($2.6 billion) on research, supply chain and manufacutring facilities

Bharat Forge stock down 9% on muted Q2, poor commercial vehicle sales

Investors should avoid exposure with growth unlikely before FY21

We'll be better placed in future downturns: Ashok Leyland Chairman

Dheeraj Hinduja is positive the bad times are over and hopes to see his company become a top-10 CV player going forward

Ashok Leyland to observe up to 12 non-working days during November

Company reports a 50% drop in domestic M&HCV sales in October, led mainly by a decline in truck volumes