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TRUCK AND BUS MAKERS
Tata Motors-Iveco revenue to be $35-40 billion in 5 years: N ChandrasekaranTata Motors is projecting a remarkable revenue growth of $35-40 billion in its commercial vehicle sector over the next five years from its ...- Tata Motors CV bets on Iveco deal to prop up local, global playTata Motors is targeting a 40% domestic commercial vehicle market share by FY28, bolstered by the proposed $4.5 billion acquisition of Ital...
- 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...
- Mahindra's SUV output dips up to 15% in June amid supply chain worker crunch; XUV 7XO, Thar production hitMahindra & Mahindra is experiencing a significant drop in SUV production. A shortage of contract workers is affecting key parts suppliers. ...
- 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...
- JK Tyre Q4 Results: Profit soars 80% to Rs 178 crore, to invest Rs 4,980 crore on expansionThe tyre maker, which announced an investment of Rs 4,980 crore to expand tyre manufacturing capacity for trucks and buses by 2030, had rep...
- 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. ...
- Ceat commissions new line at Chennai plant to produce truck, bus radial tyresCeat has inaugurated a new production line for truck and bus radial tyres at its Chennai plant. This expansion will gradually reach a capac...
- Daimler India Commercial Vehicles pilots project to use AI for demand forecastingManaging Director and CEO Satyakam Arya said Project Vruddhi is helping the truck and bus maker be a lot more precise with demand forecasti...
- 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 ...
- Sweden’s Scania Commercial Vehicles committed to Indian market, says Petr NovotnyScania, which entered India with a local manufacturing base in 2013, suffered a setback in the country as its investments in the bus busine...
- Tata Motors offers 6 yrs warranty for entire truck rangeThe six-year standard driveline warranty is based on the study of operation in lifecycle of over 20 lakh Tata trucks and tippers operating ...
- M&M strengthens truck support, launches guarantee-backed services on Delhi-Mumbai corridorMTBD currently holds a market share of 3.5% in heavy commercial vehicles (HCVs) and 9.4% in light commercial vehicles (LCVs).
- 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.
- Wrightbus International's Chennai bus body facility to go on stream in AprilLeading bus maker Wrightbus International has partnered with Daimler India for manufacturing bus body for its Bharat Benz range of buses.
- Daimler India looks to replicate trucks business success in busesDaimler's bus plant located in Oragadam, near Chennai is coming up at an investment of Rs 424 crore.
- Daimler to invest Rs 425 cr to set up bus manufacturing unitThe company has a truck manufacturing facility spread over 400s acre at Oragadam, about 45 kms from here, set up at an investment of Rs 4,4...
- Japanese bus makers eye tie-upJapan's Nissan Diesel Motor Co. and Mitsubishi Fuso Truck and Bus Corp. said Monday they had agreed to explore a merger of their bus manufa...
- Volvo to cut 1,000 jobs in Sweden, North AmericaSwedish truck and bus maker Volvo AB says it will lay off 1,000 staff at its powertrain unit in Sweden and North America.
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