Ashok Leyland just had a record June quarter. So why did the margin fall a full point?Ashok Leyland's June-quarter has an unusual contradiction. The company sold 48,763 commercial vehicles, its highest-ever first-quarter volu...
India's commercial vehicle market just had its best year in seven. Then the June quarter arrived, and margins fellThere is, at this point, an apparent contradiction at work in the Indian commercial vehicles space. One: FY 2026 was the best of the last s...
Ashok Leyland vehicle sales up 28 per cent to 24,409 units in SeptemberAshok Leyland achieved a total vehicle sales growth of 28 percent year-on-year in September. The company sold 24,409 vehicles, up from 18,8...
Switch Mobility receives order for 840 electric buses in Delhi under PM E-Drive scheme's first phaseSwitch Mobility announced it received an order for 840 electric buses from Antony Road Transport Solutions. This order includes both 9-metr...
JSW Greentech targets top three CV spot, 100,000 units by 2030Electric truck sales in the N3 category (12 to 55 tonne) rose from about 850 units in FY26 to around 1,300 in the first five months of FY27...
ET Prime Special Series: Multibagger or IBC - Part 76: Exports are 30%, one customer is 28%, and EV story is still at the starting lineSeventy-six weeks,76 auto ancillary companies. This week, we turn to another legacy supplier that has spent decades building precision-manu...
Co-optex sets Rs 50 lakh Diwali sales target, Rs 1 crore annual sales target: TN Minister Vijay BalajiTamil Nadu Minister Vijay Balaji inspected a spinning mill and inaugurated a new Co-optex showroom. He also reviewed the mill's operations ...
JioBlackRock Flexi Cap Fund exits NALCO, Hindustan Zinc; trims exposure in BSE, RILJioBlackRock Flexi Cap Fund reshuffled its portfolio in August, exiting 21 stocks while reducing exposure to 34 others, including NALCO, Hi...
GST turbocharges truck demand as CV makers double sales growth targetsCommercial vehicle sales growth projections have been sharply revised upwards by manufacturers. Demand in the first five months far outstri...
India's commercial vehicle sales surge, manufacturers double growth projections to 10-15% this fiscalCommercial vehicle sales growth projections have been sharply revised upwards by manufacturers. Demand in the first five months far outstri...
GST reforms rewrote the auto stock map: Who won, who lost and where can investors still make money?The recent GST reforms have significantly impacted the automotive stock market following a rate cut announcement. Notably, Sona BLW Precisi...
Bharat NCAP 2 to launch October 2027, assessing entire vehicle safety chain: Nitin GadkariIndia plans to launch Bharat NCAP 2 from October 2027 for comprehensive vehicle safety.This new program will evaluate the entire safety cha...
PM Modi urges auto industry innovation for Viksit Bharat; pushes for EV accelerationPrime Minister Modi urged the Indian auto industry to innovate for Viksit Bharat by 2047. Adviser Tarun Kapoor stressed accelerating the el...
Automakers likely to implement price hikes in coming months to counter soaring costs: Ashok Leyland MDAutomakers anticipate implementing calibrated price increases in upcoming months. High commodity costs are exerting pressure on manufacture...
Auto exports remain mixed in August as West Asia crisis disrupts shipments: ReportIndia's auto exports showed mixed trends in August 2026, impacted by regional logistical disruptions. Domestic demand remained robust acros...
Two-wheelers, passenger vehicles to drive 8-10% auto volume growth in FY27: ReportIndia's automotive sector anticipates robust growth in FY27, driven by two-wheelers and passenger vehicles. August 2026 saw double-digit vo...
Ashok Leyland sales jump 38% to 21,038 units in AugustAshok Leyland reported a significant 38 percent year-on-year increase in total sales for August 2026. Domestic sales saw a substantial rise...