Page 2 - Cv Sales

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

Ashok Leyland's output at 75% of pre-Covid levels: COO Anuj Kathuria

In a Q&A, Anuj Kathuria dwells on the segment shift towards intermediate commercial vehicles (ICVs) and tippers

CV sales drop 17% in November on slowdown, delay in infra projects

Companies expect recovery in second half of fiscal as BS VI approaches, claim banks and NBFCs showing greater interest in financing

Commercial vehicle makers unlikely to see festive cheer in October sales

Weighed down by an economic slowdown and increase in axle load - 30% additional capacity - major CV companies are expected to report a decline of around 20% in sales volumes in October 2019

Is the decline in CV sales a blip?

Tata Motors, Leyland saw decline in CV sales for 2nd month but analysts are hopeful of a recovery