Page 8 - Commercial Vehicles

Covid: Tata Motors extends free service, warranty period on CVs by 1 month

Tata Motors said it has extended the warranty and free service period by one month for those commercial vehicle customers whose tenures are due between April 1 and June 30

Margin pressures may offset volumes gains for Schaeffler

Higher content per vehicle, steady aftermarket and exports are growth drivers

Commercial vehicle operators threaten hunger strike, demand fuel price cut

A 48-hour statewide agitation was also announced to be held on February 15

Cautious India CV outlook could keep Bharat Forge stock under pressure

Company's new initiatives and plans to offset weak oil and gas revenues may take time to play out

Higher staff, input costs to keep Eicher Motor margins under pressure

The pace of volume recovery could be key in the coming quarters

High valuation and margin concern may limit rally in Apollo Tyres

Healthy volume outlook, focus on debt reduction are key positives, say analysts

Not looking at three-way merger now: Revankar of Shriram Transport

In a Q&A, the firm's MD &CEO says as fleets resume plying, recast requests are likely to be lower than the 3% that the company had earlier planned

Auto margins could come under near-term pressure on higher duties

Commercial vehicle companies to gain the most on scrappage, bus orders and infra boost

M&M hits 52-week high on price hike of personal, commercial vehicles

The price will increase by around 1.9 per cent, resulting in an increase of Rs 4,500 - Rs 40,000, depending on the model and variant

Ashok Leyland shares rise nearly 4% after commercial vehicle sales data

Shares of Ashok Leyland on Friday gained nearly 4 per cent after the firm reported a 14 per cent increase in its total commercial vehicle sales in December

OEM recovery, robust replacement demand to boost Apollo Tyres revenues

Price hikes to offset some of the the surge in raw material costs

Tata Motors only truck maker to reduce discounts, says CV unit chief

Girsh wagh says firm took a bold decision to prune incentives by almost a third during BS VI transition

Ashok Leyland renames Optare as SwitchMobility, unveils global EV plan

With a new structure, SwitchMobility will be positioned to become Ashok Leyland's global arm, focusing on electric vehicles and green mobility solutions

Revival in economic activity, infra and rural demand pushes CV sales

Faster recovery seen with festive season ahead, though overall sales are likely to be lower, as Q1 was completely washed out

Mahindra & Mahindra's total sales fall 14.52% to 44,359 units in Oct

Mahindra & Mahindra (M&M) on Sunday reported a 14.52 per cent decline in total sales to 44,359 units in October. The company had sold 51,896 units in the same month last year, M&M said in a statement. In the domestic market, passenger vehicle sales were up 1 per cent to 18,622 units last month compared to 18,460 units in October 2019. In the commercial vehicles segment, the company sold 3,118 vehicles last month in the domestic market as against 7,151 units in October 2019, a drop of 56 per cent. Exports dropped by 25 per cent to 2,021 units as against 2,703 units in the year-ago month. "We are happy to achieve a growth of 4 per cent in utility vehicles, despite certain supply constraints. Our brands Scorpio, Bolero and XUV 300 continue to do well, while the bookings for the all-new Thar has set new records within just a month of its launch," M&M Chief Executive Officer, Automotive Division, Veejay Ram Nakra said. For Mahindra, the festive season has started on a ...

Wheels India reports net profit of Rs 7.43 cr in September quarter

The company reported a revenue of Rs 510.84 crore in Q2FY21 compared to the Rs 595.63 crore reported in the same period last year

Auto component firms see capacity utilisation doubling to 60-95% levels

Most players expect strong demand during 45 day festive period, but tread cautiously as trend may not sustain later; Icra sees very few players going for debt recast

Auto companies show signs of recovery, increase dispatches by 13%

Tractor sales also increased with largest tractor seller Mahindra & Mahindra selling 18 per cent more farm equipment indicating that a good monsoon was driving the rural economy

Ashok Leyland banks on the Phoenix to expand biz in India, global market

Launches on a platform developed entirely in-house is the commercial vehicle maker's weapon of choice to expand domestic market share and develop new global markets

Mid-size SUVs, deluxe commuter bikes outshine peers, shows SIAM data

Among the two wheelers, motorcycles in the 150cc to 200cc segment have been the outliers