Page 7 - Commercial Vehicles

Eicher Motors CFO Arunachalam resigns, to join Crompton Greaves on Sept 5

The company has stated that the appointment of a new CFO in his place would be intimated in due course

TII gears up for EV re-entry; to focus on e-tractors, 3-wheelers, heavy CVs

The group is learning from an unsuccessful foray into e-scooters by focusing on electric tractors, three-wheelers and heavy commercial vehicles

VECV reports bus sales rising, sees chip crisis easing in 3 months

Company betting on alternate fuels for growth in commercial vehicles sales, says senior executive

Exponent Energy partners Altigreen to bring rapid charging for electric-CVs

The companies have unveiled an electric three-wheeler that rapid charges from 0-100 per cent battery capacity within 15 minutes at Exponent's e-pump network

Wheels India reports 6% rise in Q1 net profit as CV demand rises

Senior executive says 'early signs of slowdown in global economy'

Ashok Leyland tie up with Adani Capital for strategic financing partnership

Adani Capital will work towards catering to the customers' needs through CV loans with easy monthly repayment plans, best suited for customers

Tata Motors to increase prices of commercial vehicles by 1.5%-2.5%

The hike will be across the range of commercial vehicles and the quantum will depend on individual model and variant, Tata Motors said in a regulatory filing.

After 3 yrs of challenges, auto sector may see double-digit growth in FY23

Industry insiders, analysts say SUVs to lead the charge among cars, two-wheelers to make strong comeback

CV sector set for double-digit growth this fiscal: Tata Motors' Girish Wagh

Commenting on the impact of rising commodity prices, Wagh said it has been unprecedented.

Vehicle scrappage policy in the pit lane: Where are the scrap yards?

Analysis shows that four states/Union Territories account for 57 per cent of the older vehicles in the country

Ashok Leyland to enter used commercial vehicles business

The phygital platform, as part of the partnership, will facilitate exchange and proper disposal and purchase of old commercial vehicles

CV sales pick up pace in Feb on improved macro economic factors

Cumulative CV sales at top-four players up 25% YoY to 72,434 units

Bajaj Auto reports 16% drop in total sales to 3,16,020 units in Feb

Bajaj Auto on Wednesday reported a 16 per cent drop in its total sales to 3,16,020 units in February. The company had sold 3,75,017 units in February 2021. Domestic sales last month stood at 1,12,747 units as against 1,64,811 units, down 32 per cent, Bajaj Auto said in a regulatory filing. Total two-wheeler sales declined 16 per cent to 2,79,337 units compared to 3,32,563 units in February last year. Total commercial vehicle sales slipped 14 per cent to 36,683 units against 42,454 units in the same month last year, the company said. Exports last month also witnessed a decline of 3 per cent to 2,03,273 units from 2,10,206 units in the corresponding month last year, it added.

Multiple triggers support long-term outlook for Bharat Forge

In the near term, supply challenges and cost pressures to impact margins

Enough research to show road infra's huge multiplier effect: Onkar S Kanwar

In a Q&A, the chairman of Apollo Tyres sees multiple growth triggers for the domestic industry ahead, but notes that relentless commodity inflation is the biggest pain point for companies

CV sales rise 11% in November on low base, pickup in economic activity

Had it not been for shortage of CNG kits and semiconductors, overall sales would have expanded more, say industry players

Tata Motors domestic sales up 21% in Nov on better volumes across the board

Growth was led by passenger vehicles, whose sales jumped 32% even as most other manufacturers saw production take a hit due to ongoing chip shortage

Delhi govt fixes fees for issuing speed limit device certificates at Rs 500

Four-wheelers are fitted with speed governors to regulate their top speed as per traffic restrictions on different roads in the city

Ashok Leyland to focus on CNG and LNG products in green mobility push

Firm has dedicated existing testing facility in Hosur towards alternative fuel, aims to have complete portfolio of commercial vehicles in this space in next 2-3 years

M&HCV market share loss throws a wrench in Ashok Leyland stock

Demand revival, new launches and mix change could aid volumes, margins