Page 2 - Truck Market

Ashok Leyland shares close over 4% higher after fourth quarter earnings

The Hinduja group flagship firm has posted a consolidated profit after tax of Rs 377 crore for the fourth quarter ended March 31, 2021.

Truck rentals on key trunk routes down by further 5-7% in past fortnight

Poor fleet utilisation, lack of return loads weighs on capacity of transporters to repay truck loans, puts question mark on business viability

Truckers demand relief as losses mount to Rs 42,000 cr due to lockdowns

Around 65 per cent of the total truck fleet in the country out of the road owing to lockdown and lockdown-like conditions in most of the states

Ashok Leyland M&HCV truck sales grew over 10-fold in March

Analysts say increase in infrastructure spending, improved consumer sentiments, better freight rates are some of the key drivers of the superior show.

How India's small truck aggregator industry is accelerating deliveries

The Deloitte study pointed out that in 1991, there was one driver per truck in India, but now at least one in four trucks (27 per cent) lies idle due to lack of drivers

Volume uptick in FY22 to drive revenue, margin gains for Ashok Leyland

The company is expected to gain market share led by higher tonnage trucks

India fuel demand headed for 5-year low as truck operators idle vehicles

India's truckers are facing multiple headwinds that are crimping diesel consumption and overall oil demand

Escorts, Ashok Leyland: 5 commercial vehicle, tractor makers you can buy

Here are five stocks from the auto sector that look bullish on the charts.

How technology is helping in increasing a truck's capability, productivity

Today, most major CV manufacturers, such as Tata Motors, Ashok Leyland, Mahindra, Daimler India and VE Commercial Vehicles, offer 'smart trucking' solutions

M&M pulls out of bid to supply trucks to US Postal dept in $6.3 bn deal

Firm to review operations of US arm, is in the midst of a restructuring exercise that is aimed at improving shareholders return on equity

Murugappa's Tube Investments plans to set up truck body building plants

TMT bars & Truck Body Building businesses are more like venture capital investments at the incubatory stage, says management

Trucking tech company BlackBuck waives off commission for truckers

Manufacturers, traders and other shippers can use the Blackbuck platform and gain access to a million trucks

Coronavirus lockdown: With no food or hope, truckers stranded across India

Some 500,000 drivers and helpers have been left high and dry across the many state borders because of lockdown, suggest estimates by the IFTRT

Truckers pay $6.7 bn in bribes a year; same as Arunachal's 5-yr infra spend

Trucks account for 69% of countrywide freight traffic in India, according to the Economic Survey 2018-19, and contribute about 3.06% to gross value additio

After cars, now truck sales hit a speed bump; decline 60% in August

India's economy grew by 5 per cent in the June quarter, the slowest in over six years. The manufacturing sector fared worse, growing at an abysmal 0.6 per cent. Listen to this podcast to know more

Long winter ahead for truck makers as rentals drop 3-4% after festivities

Average freight rates on a return trip across all four regions of the country have dropped to Rs 85,500 in the first five days of November, from Rs 88,450 in October end

Truck market: Amid falling sales, mileage, ownership cost claims reign

Sales of Mahindra's heavy trucks dropped to 3,427 units in the eight months from April to September

Amid falling freight rates, truck makers may not see demand picking up

Pre-buying boost to sales may remain elusive as the slowdown grips several sectors

Tata Motors expects ongoing financial year to be tough for truck market

But the maker of Ultra and Prima range of trucks is looking to outperform the broader market