Ashok Leyland shares rallied over 4 per cent to hit a 52-week high of Rs 182.95 on the BSE. At 1:50 PM, the stock was trading 3.87 per cent higher at Rs 182.45
Daimler India Commercial Vehicles is a wholly owned subsidiary of Stuttgart-based Daimler Truck AG. The new business initiative would refurbish and sell pre-owned BharatBenz trucks to customers
The revenue growth this fiscal will be aided by expected 6-9 per cent volume growth and an increase in vehicle prices during the current financial year, ICRA said
Here is an overview of electric vehicle insurance, on the back of the growing popularity of EVs, the key differences from traditional vehicles, industry challenges, and the government’s efforts to promote EV adoption....
The companies said Mitsubishi Fuso Truck and Bus Corp., whose top stakeholder is Daimler Truck, and Hino Motors, the truck maker in the Toyota group, will merge
Two-wheeler sales clocked 12,90,553 units in the domestic market last month, as compared to 11,98,825 units in the year-ago period
According to Primus Partners, the production of two-wheelers is closely matched by China, with 20-million two-wheelers coming out of the manufacturing facilities in the country, accounting for 77 per cent of the volume...
Tata Motors said it is upgrading its entire vehicle portfolio to conform to the stricter emission norms, which are set to come into force from April 1
VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, expects prices of its models to rise by up to 5 per cent with stricter...
The volume growth would be on account of government infrastructure spending, replacement demand, back-to-school and office scenarios and e-commerce expansion
Domestic CV sales volume was 31% up year-on-year in 2021-22 while the sales volume in current fiscal is expected to surge around 27% as demand bounced back
As the largest radio taxi company in India, Ola Fleet Technologies, is undertaking the process to dispose of over 5,000 used commercial cars through the...
Total toll collection through FASTag on fee plazas, including state highway toll plazas, in 2021 was Rs 34,778 crore
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The total passenger vehicle dispatches from the companies to dealers in the third quarter rose to 9,34,955 units compared to 7,61,124 units in the same period...
The Bengaluru-based firm, a leading supplier of various auto components like starter motors and mild hybrid systems, has unveiled a range of high voltage (HV)...
In its pre-Budget recommendations, the industry body also called for a uniform 5 per cent GST on spare parts for electric vehicles
A spurt in global energy prices has led to a 70 per cent jump in the price of CNG in the last one year. This has narrowed the gap between fuel and diesel,...
Auto dealers are expecting bumper sales in all segments, including passenger and commercial vehicles and two-wheelers
Giving the feedback to the ministry on ways to improve logistics efficiencies, industry in Assam has stated that there were cases of theft and pilferage of...
This will be aided by increasing preference for personal mobility, higher economic activity, easing supply-side constraints, shift in product mix towards...
The company introduced the ABS for passenger cars in 1978 and since then, it has developed it's ABS further to offer smaller, lighter, and more powerful...
Global wholesales of all Tata Motors commercial vehicles and Tata Daewoo range in Q4 FY22 were at 1,22,147 units, higher by 12 per cent over the same quarter...
Volumes may remain partly constrained due to the continuing supply challenges in semiconductors and also the sharp increase in retail fuel prices
The Russia-Ukraine war and China lockdown will further dent supplies and will hit vehicle deliveries, he added
The passenger vehicle (PV) sales dropped to 2,38,096 units last month, down 7.84 per cent from 2,58,337 units in February 2021.
