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TRUCKING INDUSTRY SLOWDOWN
Customers have started committing to new product cycles: Tata Technologies MD & CEOTata Technologies is ramping up investments in the automotive and industrial arenas, fueled by innovative product cycles that are encouragi...
How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
U.S. economy headed for recession? Heavy truck sales hit four-year low in 2025 — are industrial struggles pointing to a downturn ahead?Heavy truck sales in the U.S. have dropped sharply to levels unseen in four years, raising fresh fears of an economic slowdown. With sales ...
Ashok Leyland back in black in Q4, but YoY profit down 58%During the quarter, the company achieved a market share of over 30% in the lucrative trucks segment, its highest in 11 quarters.
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...
Restrictions on tyre imports to curb inflow from China, help domestic industry: ATMAStating that "indiscriminate import of tyres has been the bane of the tyre industry in India", ATMA said most of the imports are from China...
Commercial vehicle sales to remain subdued in current fiscal: IcraThe rating agency believes that demand headwinds would continue in the near-term.
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.
Tyre companies hope for 'achhe din' with fall in Chinese importsImports of truck and bus radials (TBR) have dropped by around 50% to 75,000 tonnes a month after the government imposed anti-dumping duty i...
People have already starting adapting and finding alternate payment options: Mahendra K Shah, V-TransOnce the current account withdrawals are released and toll is totally electronically done, I think January should be good enough for things...
Demand slowdown hits LCV vertical, eats into profitsMedium and heavy commercial vehicles battled sharp demand slump and discounting all through 2013 up until mid 2014.
Truck finance to recover as industrial activity revives: ReportTruck finance, which was in doldrums due to a mining ban and eco slowdown, is showing signs of revival, thanks to a revision in freight rat...
Indian engineering companies seek opportunities in SE Asian marketsIndian engineering export houses, led by EEPC India, are seeking new markets in South East Asia amid prolonged slowdown in the western mark...
- 'Our aim is to progressively cover entire HCV market'
Anirudh Bhuwalka, MD & CEO, AMW, shares his views on the impact of the economic slowdown on the heavy vehicles industry and talks about the...
- VECV launches new corporate identity
VE Commercial Vehicles released a new corporate identity for the company as part of a rebranding exercise.
- Daimler to cut 3,500 jobs in US, Canada
German heavy truck maker Daimler said it will eliminate 3,500 North American jobs owing to the worsening economic slowdown. Jet lays off 60...
- GM puts brakes on SUV, truck redesigns
General Motors Corp is postponing redesigning its SUVs and full-sized trucks as it shifts its product portfolio toward more fuel-efficient ...