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LARGEST TRUCK MAKER
From buses to trucks, Tata Motors lands 3,400 EV orders across segmentsTata Motors has secured a significant boost with over 3,400 electric commercial vehicle orders, marking a major leap in India's zero-emissi...- Big corporates plug into electric trucks as rising diesel and logistics expenses drive a rethinkIndian companies are rapidly investing in electric trucks. This shift is driven by fluctuating diesel prices and a focus on sustainability....
- JK Tyres lines up Rs 4,900 crore capex plan till FY30JK Tyre plans a massive 4,900 crore investment by FY30 to expand its production capacity. This significant outlay signals strong confidence...
- JK Tyre charts Rs 4,900 crore capex to scale up capacity by 24% through FY30JK Tyre has planned a Rs 4,900 crore capital expenditure through FY30 to expand production capacity by nearly 25%. The company reported str...
- Govt extends localisation deadline for EV bus, truck motors under PM E-Drive schemeElectric truck and bus manufacturers have been granted a six-month grace period for localization mandates under the PM e-drive initiative. ...
- Reliance, Ashok Leyland in talks for engines running on H2As a first step under the plan, Leyland will retrofit an existing fleet of 45,000 trucks, which RIL has contracted to ferry refined product...
- Ashok Leyland bets on quick bounceback in H2India’s second largest truck maker Ashok Leyland is betting on a swift bounceback in demand from the second half of FY22 and it feels any i...
- Daimler set to spin off truck unit by year end: CFO"We are right on schedule with the detailed preparations for this complex project and want to float Daimler Truck on the stock exchange as ...
- Cost cuts, exports help Daimler halve India losses in FY20Led by improved operating performance and higher responsibility given to India by the global office in terms of development, sourcing and e...
- Daimler conducts feasibility to enter mini truck market bouyed by an e-commerce boomThe German automobile giant is currently undertaking a feasibility study that may possibly result in the maker of Mercedes Benz, Bharat Ben...
- Defence revenue opportunity, debt reduction plan fuels rally in Ashok Leyland“The announcement of the government of India about increasing local sourcing is very positive for defence suppliers like us and clearly the...
- Daimler Trucks infuses Rs 2,277 crore in India, to start second shift on demand recoveryThe maker of Bharat Benz expects the light to heavy truck market to grow by 30-50% in 2021. But this bounce back in growth will be on a ver...
- Leyland ups volume guidance, says axle load fears unfoundedAshok Leyland, India’s second largest truck maker, now expects industry sales to grow 15 per cent in financial year 2018-19.
- Auto sector skirts demonetisation's deepest fearsAn investor, for instance, is first likely to go for passenger car company stocks, followed by tractors and two-wheeler stocks, and in the ...
- Ashok Leyland’s valuation may skid on low demandIn the last three years, the company’s stock traded 30-40% higher than its long-term valuation as the company’s sales growth in terms of vo...
- World's largest truck maker Daimler expands footprint in IndiaHaving started from 9-49 tonne through its Bharat Benz trucks, DICV is now planning to create a new entry point in India by introducing a 5...
- Daimler to export Mercedes Benz buses from IndiaDaimler AG, the world's largest truck maker is preparing to export its fully built luxury buses under the Mercedes Benz brand to South Asia.
- Want to be among top three truck companies in 3 years: Marc Llistosella, Daimler India CVIn an interview, MD & CEO of Daimler India, quashed rumours that it is financially stretched.
- Daimler buys 10 per cent of Russia's KamazDaimler AG, the world's largest truck maker, will buy a 10 percent stake in Russian truck maker OAO Kamaz in a $300 million deal signed on ...
- Scania plans counterbid to fend off MANScania, the target of a hostile takeover bid by truck-maker MAN, urged its German competitor to withdraw the proposal and said a range of p...
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