Page 7 - Commercial Vehicles

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

Ashok Leyland working on commercial vehicles powered by hydrogen

A team is currently engaged in developing hydrogen-powered commercial vehicles, an official said

Tata Motors unveils 21 commercial vehicles for cargo, passenger verticals

Tata Motors on Thursday unveiled 21 new commercial vehicles, including trucks and buses, to cater to evolving needs of cargo and people transport across segments. The company has unveiled seven products in the medium and heavy commercial vehicles (M&HCV) segment and five products in the intermediate and light commercial segment (4-18 tonne GVW) with CNG powertrains. Besides, the auto major has unveiled four new LCVs (Light Commercial Vehicles) to improve last-mile delivery efficiency and reduce operational cost. It includes Ace with a petrol engine and Winger Cargo for the growing needs of e-commerce distribution. Tata motors also unveiled five passenger commercial vehicles including buses for intra-city transportation requirements. "The engines of infrastructure development, consumer consumption and e-commerce powering the Indian economy require continued transportation support to run seamlessly. "Being the leader in the commercial vehicles, we continue to deliver superior value

Ashok Leyland plans expanding into African, Southeast Asian markets

Commercial vehicle maker Ashok Leyland is looking to expand into African and Southeast Asian markets as part of strengthening its international presence, a senior company official said on Friday

Ashok Leyland sales jump 81% YoY in July, truck sales 142% in April

Domestic medium and heavy commercial vehicle (M&HCV) sales were up 132 per cent at 3,473 units

Flex-fuel engines: Roadmap, benefits and challenges for Indian auto sector

What are flexible fuel vehicles or FFVs? What is the benefit of using such vehicle? To know this and more, listen to the podcast

Tata Motors trades higher for 6th straight day, hits over 3-year high

Tata Motors is India's largest commercial vehicle company and fourth-largest passenger vehicle (PV) player

Icra downgrades growth peg of various auto segments due to second wave

Unlike the first wave, which was largely limited to urban clusters, the second wave has seen deeper and wider penetration, including rural hinterlands