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MHCV SALES GROWTH
India's commercial vehicle volumes to hit 12.4 lakh units in FY27 surpassing previous peak: CrisilIndia's commercial vehicle sector is set for a record year in fiscal 2027, reaching 12.4 lakh units. Growth is expected to settle at 5-6 pe...- Indian auto industry faces subdued FY26 growth amidst weak demand: ReportThe Indian auto industry is expected to see subdued growth of 6-7% in FY26, with most segments showing low to mid-single-digit growth, says...
- Mixed growth signals, India’s FY25 GDP may slow to 6.7%: NomuraNomura is forecasting India's GDP growth to slow to 6.7% in FY25, below the RBI's 7.2% prediction. The report cited mixed growth signals, w...
- 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...
- After better than expected performance in Q2, will Tata Motors do better in Q3?Tata Motors has outperformed both in terms of top line as well as margins, says Mitul Shah.
- What has put Ashok Leyland stock in fast laneCommentaries by several leading auto ancillary companies suggest that the MHCV industry volume will take another four to five years to rega...
- Commercial vehicles may end up in slow lane, tooCrisis in the NBFCs that finance more than half of new truck sales has affected the sector.
- 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.
- Better CV sales growth prepares Ashok Leyland for a smooth rideAshok Leyland has a market share of 57.5 per cent in the 35.2 tonne and above vehicles.
- Overloading on tight leash, truck companies hit the fast laneAugust sales of medium and heavy commercial vehicles (MHCVs) increased 25-28 per cent.
- Buy Tata Motors, target Rs 600 : JM FinancialBuy Tata Motors Ltd. at a price target of Rs 600 and the time period given is long term
- Buy Ashok Leyland Ltd. target Rs 105 : SharekhanBuy Ashok Leyland Ltd. for a price target of Rs 105
- Passenger vehicle sales to grow 7-9 per cent in 2017: Fitch"We expect PV sales to increase by 7-9 per cent, after rising 12.3 per cent year on year in April-September 2016 due to improving consumer ...
- Rlys’ freight push puts the squeeze on truckmakersThe volume growth of MHCVs contracted to 5 per cent in the two months to July after growing by 20-30 per cent in the past two fiscals
- Ashok Leyland, Tata Motors to gain big if Delhi ban leads to demand of up to 11,500 trucksSupreme Court’s decision to ban trucks registered prior 2005 in Delhi may boost replacement demand for medium and heavy commercial vehicles.
- Hot stock: Ashok Leyland surges 20% in 6 sessions; more upside seenThe company reported 48 per cent jump in sales at 9,290 units in December 2014 against 6,275 units during the same month of 2013.
- Truck segment improving in fleet utilisation, freight rates and resale priceTruck manufactures cite fleet-replacement demand for the trend and are confident that the industry won’t witness yet another year of fallin...
- 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 IndiaEdelweiss 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...
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