India auto wholesales jump in March; PVs, tractors lead the chargeVehicle sales in March 2026 showed strong performance. Passenger vehicles and tractors led the growth. Two-wheelers and commercial vehicles...
SUV-led demand keeps PV segment on strong growth path: Subhash GateIndia's auto sector shows a dual trend: passenger vehicles, especially SUVs, are booming, while commercial vehicles and tractors face emerg...
Auto sales momentum continues in March, but growth signals moderation: ReportIndia's auto sector displayed strong demand in March 2026. Two-wheelers, passenger vehicles, and commercial vehicles saw healthy growth. Ho...
Nomura initiates coverage on Tata Motors CV, predicts 22% upside potential on CV cycle recoveryNomura initiates coverage on Tata Motors Commercial Vehicles (TMCV) with a 'Buy' rating and a Rs 481 target price, anticipating a 22% upsid...
Ashok Leyland shares jump 3% after reporting February sales dataAshok Leyland shares increased by 3.3% as the company reported February 2025 vehicle sales at 15,879 units, a 4% decrease compared to the p...
Ashok Leyland shares jump 3% as December sales grow 5% YoYAshok Leyland shares rose 3% after posting a 5% YoY increase in December sales, though cumulative sales fell 2%. M&HCV segment saw growth, ...
Ashok Leyland sees high enquiry from fleet operators amid consolidationAshok Leyland reported a rise in fleet operator enquiries amid MHCV segment consolidation. The company now expects single-digit growth in M...
Excess truck fleet capacity to extend medium and heavy truck segment recovery cycle: India RatingsThe rating agency says while medium & heavy commercial vehicle (MHCV) sales are unlikely to recover before fourth quarter of next financial...
Coronavirus could spell further trouble for commercial vehicle financiersThe new MHCV segment in the country is going through a challenging period due to reduction in investment activity, contraction in mining & ...
Ashok Leyland skids, but brokerages stay bullishThe roads sector has been a major contributor to MHCV demand.
- Buy Tata Motors, target Rs 536: Vinod Nair
Tata Motors is India's largest CV manufacturer with 52 per cent market share in M&HCV segment. The domestic M&HCV segment is going at a fas...
Expect growth this year to be better than that of previous: Anant Goenka, Ceat"About 60% of our sales comes in from the replacement market. About 25% to 27% from the OEM segment and the balance 15% comes in from expor...
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.
M&HCV segment likely to grow by 20% over the next 2-4 years: Frost & SullivanDemand for Commercial Vehicle in the domestic market is expected to increase to one million units a year, mainly driven by Medium and Heavy...
Clutch maker Setco Automotive's bet on aftermarket business pays offThe component maker is the largest clutch supplier to MHCV makers, accounting for 100% requirement of automakers such as Tata Motors, Eiche...
Auto part suppliers unsure of MHCV segment recoveryAuto part suppliers said that they would wait until the end of this fiscal year to decide whether to consider the current trend as sustaina...
- Hot stock: Edelweiss sees over 30% upside in Wabco India
Edelweiss is of the view that the in the medium term, bottoming out of MHCV downturn and cut in policy interest rates by RBI will lead to m...