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VINOD AGGARWAL
Commercial vehicle segment set for growth with expanding economy: VECV MDThe domestic commercial vehicle industry is expected to reach its peak sales volume of 2018-19 this fiscal and grow briskly over the next f...
Domestic passenger vehicle sales rise 23% in December quarterThe total passenger vehicle dispatches from the companies to dealers in the third quarter rose to 9,34,955 units compared to 7,61,124 units...
VECV's Vinod Aggarwal appointed as SIAM presidentAfter taking over as SIAM President, Mr Aggarwal said, “The Indian automotive industry is currently at a very exciting juncture. The indust...
Pent-up demand, infra boost to drive commercial vehicle replacement sales next fiscal yearDespite the second Covid wave, sales of light and medium commercial vehicles (with capacity of more than 3.5 tonnes) increased 72% to 215,0...
SIAM elects Eicher Motors’ MD Vinod Aggarwal as VPVipin Sondhi, MD & CEO, Ashok Leyland Limited served as the Vice President of SIAM from September 2020 till date.
CV sales seen picking up in second half with heavy trucks leading the way“When recovery happens, it will start from heavy duty trucks, because they were majorly impacted the last two years,” said Vinod Aggarwal, ...
VECV upgrades entire range of commercial vehicles with connected technology"We are now the first company in the country to be selling fully-connected commercial vehicles," VECV CEO Vinod Aggarwal said. The entire l...
VE Commercial Vehicle to go ahead with Bhopal plant investment, production to begin in April 2020“Dealers are defensive, financers are defensive and so are automakers. As a result, there has been hardly any pre-buy. We expect the same t...
Sell Eicher Motors, target Rs 14,300: Shubham AggarwalSell Eicher Motors Ltd. at a price target of Rs 14300.0 and a stoploss at Rs 16300 from entry point.
CV sales will touch new peaks in some segments: Vinod Aggarwal, VECVIn first nine months, we are maintaining the margins at around 8-9%, says Aggarwal.
Automakers in high spirits after record sales in FY18Cumulative domestic vehicle sales growth in the past year was 13-15%, according to estimates based on data shared by industry players, hitt...
Have done well in commercial vehicles segment for February: Vinod Aggarwal, MD & CEO, VECVThe prices will go up by 7% to 10% so due to that there may be some impact in the industry. So, next quarter may be a difficult quarter for...
Expect to see good growth in light and medium vehicles sales: Vinod Aggarwal of Eicher MotorsWe are already producing the base engine which will remain same and, then of course, there will be different after treatment, there will be...
Heavy-duty truck sales may cross 2.80 lakh units this year: CEO, VE Commercial VehiclesAccording to Vinod Aggarwal, CEO of VE Commercial Vehicles (VECV), the commercial vehicle industry has finally come out of the recession.
Eicher Motors' market share rising significantly across all segments: Vinod Aggarwal, VE Commercial Vehicles"We are doing very well in all the segments — medium duty, heavy duty and buses. The overall industry is doing well too."
Additional cost on trucks entering Delhi will be passed on to consumers: Vinod Aggarwal, Eicher Motors"The additional charge of Rs 500 to Rs 1000 per truck on all the trucks entering Delhi is definitely going to increase the cost."
Govt's ambitious coal output aim to see increased sale of mining trucks: Vinod Aggarwal, Eicher Motors'Government wants production from Coal India to go up to one billion tonnes. If that kind of production growth has to be achieved, there wi...