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Importance of commercial vehicle insurance

Importance of commercial vehicle insurance

Wed, Jul 12, 2023

Commercial vehicle insurance policy offers protection against losses and damages incurred by insured vehicle, its owner-driver, or both.

Commercial vehicle industry to record moderate 8% to 10% volume growth this fiscal: Report

Commercial vehicle industry to record moderate 8% to 10% volume growth this fiscal: Report

Tue, Jun 13, 2023

The commercial vehicle (CV) industry is likely to record moderate volume growth of around 8-10 per cent this fiscal, with the pent-up demand levelling off, a report said on Tuesday.

Deadline for mandatory fitness testing of heavy goods, passenger vehicles extended till Oct 2024

Deadline for mandatory fitness testing of heavy goods, passenger vehicles extended till Oct 2024

Fri, Mar 31, 2023

The Ministry clarified in its release that the regulations will be valid “for Heavy Goods Vehicles/Heavy Passenger Motor Vehicles, Medium Goods Vehicles/ Medium Passenger Motor Vehicles and Light Motor Vehicles (Transport) with effect from 01st October 2024 onwards.”

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Tata Motors Price Hike: THESE vehicles to become expensive from April 1 - know details

Tata Motors Price Hike: THESE vehicles to become expensive from April 1 - know details

Tue, Mar 21, 2023

Tata Motors Price Hike: To comply with the more stringent BS6 phase II emission norms, the domestic automaker is increasing prices by up to 5 per cent from next month.

Commercial vehicle industry volumes to see 7-10% growth in FY24: Icra

Commercial vehicle industry volumes to see 7-10% growth in FY24: Icra

Tue, Feb 14, 2023

The growth trends continued to be broad-based across all the three sub-segments -- medium & heavy commercial vehicles (M&HCV), light commercial vehicles (LCV), and buses, in the third quarter and nine months ended December 31, 2022, Icra said.

Two-wheeler sales not matching pace of PVs, three-wheelers: SIAM

Two-wheeler sales not matching pace of PVs, three-wheelers: SIAM

Tue, Feb 14, 2023

The growth in two-wheeler sales is not keeping pace with the sales growth logged by passenger vehicle and three-wheeler segments, said a top official of Society of Indian Automobile Manufacturers (SIAM).

Domestic commercial vehicle sales volume may grow 9-11% in FY24

Domestic commercial vehicle sales volume may grow 9-11% in FY24

Mon, Feb 13, 2023

Of the total domestic CV sales, the light commercial vehicle (LCV) segment may grow 8-10 per cent while the medium and heavy commercial vehicle (MHCV) sale is expected to register a higher growth of 13-15 per cent in FY24.

SEG Automotive looks to penetrate electric passenger, commercial vehicle segments

SEG Automotive looks to penetrate electric passenger, commercial vehicle segments

Wed, Jan 11, 2023

Auto component maker SEG Automotive India is looking to penetrate electric passenger and commercial vehicle segments with its high voltage motors after consolidating its position in two and three-wheeler verticals, a top company official said on Tuesday.

December 2022 auto sales: Firms see mixed trends; new launches, easing of chip shortage to propel PVs & 2-wheelers sale, analysts say

December 2022 auto sales: Firms see mixed trends; new launches, easing of chip shortage to propel PVs & 2-wheelers sale, analysts say

Wed, Jan 04, 2023

Ashwin Patil of LKP Securities believes December 2022 auto sales were sequentially low due to the high base of November and it being a seasonally weak month.

Passenger vehicle wholesales surge 92% in September on robust festive demand

Passenger vehicle wholesales surge 92% in September on robust festive demand

Thu, Oct 13, 2022

In the September quarter, PV sales increased by 38 per cent to 10,26,309 units, as against 7,41,442 units in the similar period of the last fiscal.

Over two-fold jump in Maruti Suzuki India's vehicle production in September

Over two-fold jump in Maruti Suzuki India's vehicle production in September

Tue, Oct 04, 2022

Utility vehicles production stood at 29,811 units during the period under review. The same was 21,873 units in September 2021, the company said.

Maruti Suzuki's total sales up 26% to 1,65,173 units in August

Maruti Suzuki's total sales up 26% to 1,65,173 units in August

Thu, Sep 01, 2022

Utility vehicles, consisting of Brezza, Ertiga, S-Cross and XL6, clocked sales of 26,932 units last month as compared to 24,337 units earlier.

Volvo Eicher Commercial Vehicle MD Vinod Agarwal sees recovery in Commercial Vehicle industry, bullish on sales figure

Volvo Eicher Commercial Vehicle MD Vinod Agarwal sees recovery in Commercial Vehicle industry, bullish on sales figure

Wed, Aug 17, 2022

The industry volumes in FY22 stood at 3,43,199 units, logging a 47 per cent year-on-year growth.

Ashok Leyland to enter used commercial vehicles business

Ashok Leyland to enter used commercial vehicles business

Mon, Apr 18, 2022

Ashok Leyland on Monday said it has joined hands with Mahindra First Choice Wheels to enter the used commercial vehicles business.

Maruti Suzuki: Next-Gen Ertiga bookings open; launch next week

Maruti Suzuki: Next-Gen Ertiga bookings open; launch next week

Thu, Apr 07, 2022

Maruti Suzuki India on Thursday announced the commencement of bookings for the upcoming new generation version of its multi purpose vehicle, Ertiga.

Maruti Suzuki to hike vehicle prices this month - Rate increase of entire model range

Maruti Suzuki to hike vehicle prices this month - Rate increase of entire model range

Wed, Apr 06, 2022

Maruti Suzuki India (MSI) on Wednesday said it will increase prices of its entire model range this month amid rise in input costs.

November auto sales numbers lower than estimates across segments – see full report

November auto sales numbers lower than estimates across segments – see full report

Wed, Dec 01, 2021

November auto sales numbers do not reflect a buoyant mood and are weaker than the estimates. This phenomenon is seen across all segments. Zee Business’ Kushal Gupta brings this report

Vehicle registration trend weak in August too, says FADA

Vehicle registration trend weak in August too, says FADA

Wed, Sep 09, 2020

Auto vehicle registration in the month of August continued its downward march as retail slipped 26.81 pct according to data provided by Federation Of Automobile Dealers Associations (FADA). On a brighter side, registrations were up 3.8 pct in comparison to July 2020. Vehicle Registrations for August showed improvement due to ongoing festivities

Buying a new or used commercial vehicle gets even easier? Here's what ICICI Bank has done

Buying a new or used commercial vehicle gets even easier? Here's what ICICI Bank has done

Wed, Jul 03, 2019

ICICI Bank will provide funding to customers who have so far limited access to organised credit.

Tata INTRA: All you need to know about India’s first compact truck - Price, service, breakdown assistance, insurance and more

Tata INTRA: All you need to know about India’s first compact truck - Price, service, breakdown assistance, insurance and more

Tue, May 28, 2019

In a bid to strengthen its position in the Small Commercial Vehicles (SCV) segment, Tata Motors recently launched India’s first compact truck - Tata INTRA.

February 2019 Vehicle Registration Data is here - Sales falls to newer lows; check what all led to this big downfall

February 2019 Vehicle Registration Data is here - Sales falls to newer lows; check what all led to this big downfall

Wed, Mar 13, 2019

FADA Vehicles Registration, Sales Data: The Monthly Vehicle Registration Data for the month of February 2019 is certainly not positive news for Indian Auto Sector.

Royal Enfield motorcycle, CV biz of Eicher Motors set to get this massive boost

Royal Enfield motorcycle, CV biz of Eicher Motors set to get this massive boost

Thu, May 10, 2018

Gurgaon-based Eicher Motors Ltd (EML), which reported a consolidated net profit of Rs 462 crore for the quarter ending March, has announced plans to invest Rs 1,300 in its motorcycle and commercial vehicle (CV) business during the current fiscal.

Mini, compact cars drive 15% growth in sales in April: SIAM

Mini, compact cars drive 15% growth in sales in April: SIAM

Tue, May 09, 2017

Sen says he sees no impact on vehicle sales from Goods and Services Tax (GST) implementation.

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