Ashok Leyland expects turnaround in CV biz, eyes 30% market share in FY23Chennai-based company is also betting on the overall improvement in the economic situation and gradual easing of supply chain issues to cro...
Commercial vehicle industry may perform significantly better this year: Mahindra Group officialFrom the base effect point of view, if one looks at year-to-date (YTD) data, it is encouraging for the industry, the 3.5 tonnes to 55 tonne...
Mahindra's Truck and Bus Division announces 'Get More Mileage or Give Truck Back' scheme"The 'Get More Mileage or Give Back Truck' Guarantee across the range of trucks is a landmark move for the light, intermediate and heavy co...
Ashok Leyland launches ICV 'ecomet STAR' with additional featuresThe ecomet STAR is a differentiated product which reduces the TAT for the logistics sector and has features that improve driver safety, he ...
Commercial vehicle makers see ecommerce demand surgeAt Tata Motors, as much as 7-10% of M&HCV (medium and heavy commercial vehicles) and I&LCV (intermediate and light commercial vehicles) car...
E-commerce boom post pandemic rubs off on commercial vehicle salesAt Tata Motors, as much as 7-10 per cent of M&HCV and I&LCV cargo sales this fiscal have come from e-commerce sector compared to the previo...
Retail auto sales weak in December due to lower discounts, farmers protest: ReportIn the commercial vehicles space, it said the light commercial and intermediate commercial vehicle (LCV/ICV) segment is gaining momentum dr...
Commercial vehicles to take 2-3 years to recover to peak sales of FY19: Ashok LeylandThe company said that the sales of light and intermediate commercial vehicles (LCV and ICV) have shown quicker improvement due to rising de...
How the financial system views the process of recovery will be key: Vipin Sondhi, MD & CEO, Ashok LeylandHe said sentiment is improving and as economic activity picks up, he expects demand for CVs to grow in tandem, at least during the festive ...
Ashok Leyland bags orders for 1,400 ICVs from logistics start-up Procure BoxAshok Leyland Chief Operating Officer Anuj Kathuria said, "With this order, our orderbook for ICVs has enhanced significantly...," adding t...
Ashok Leyland confident of launching BS-VI range in April 2020: Anuj KathuriaFirst quarter of BS-VI would be rather slow because that is what happens across every geography.
Post Furio, M&M will be present in 6-18-tonne range: Pawan Goenka, M&MThere is a lot of unmet demand in the heavy commercial vehicles also, says Goenka
Mahindra sales up 13 per cent to 47,199 units in JulyIn the domestic market, sales were up 12 per cent to 44,605 units last month compared with 39,834 units in July 2017. Exports rose by 31 pe...
Ashok Leyland rolls out 'Guru' priced at Rs 14.35 lakhGuru is priced between Rs 14.35 lakh and Rs 16.72 lakh while the latest version of Partner is tagged at Rs 10.59 lakh for 6-tyre variant an...
Ashok Leyland in top gear with volume growth, export focusAshok Leyland has maintained volume growth guidance of 20 per cent for FY16 since it expects replacement demand to continue.
Ashok Leyland launches Boss at Rs 10.5 lakhAshok Leyland today launched its intermediate commercial vehicle Boss in the Delhi market priced between between Rs 10.5 lakh and Rs 12 lak...
Ashok Leyland launches commercial vehicle Boss; aims for higher market shareTargeting a higher market share, Hinduja Group flagship Ashok Leyland today announced the launch of its intermediate commercial vehicle 'Bo...