Fri, Nov 03, 2017
The growth is driven by pent-up demand post GST, healthy replacement-led demand especially in Tractor Trailer segment owing to stricter implementation of CMVR regulations and pick-up in construction
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Sat, Sep 09, 2017
The rise in commodity prices still put pressure on automobile components in the country despite the growth.
Mon, Sep 04, 2017
Tata Motors' recovery mainly in the MHCV segment has helped push the entire CV segment due to it being the leading player.
Fri, Aug 18, 2017
GST has reduced the time for trucks to deliver cargo and as a result has increased the efficiency of fleets and could increase the revenues of fleets significantly.
Fri, Aug 11, 2017
Car sales rose by 15% on good growth in the UV segment as price cuts due to implementation of GST fuelled growth.
Tue, Aug 01, 2017
Tata Motors saw a good growth in its domestic passenger vehicle sales during July. It also saw a recovery in sales of its MHCV segment during the month.
Tue, Jul 25, 2017
Ashok Leyland reported a weak quarter of results in the June ended quarter due to the impact of BS-IV norm and the implementation of the GST norm.
Mon, Jun 26, 2017
The government has given truck transporters a relief from the GST registration which would lead to delay in consolidation in the industry and would also delay MHCV demand.
Thu, Jun 01, 2017
Mahindra's total domestic sales in May saw a large 11% growth which was mainly on the back of a good growth in light commercial vehicle sales.
Tue, May 09, 2017
MHCV sales plummeted to 10,602 units in April 2017 from 23,515 units sold in the same month last year.
Mon, May 01, 2017
Tata Motors said that the commercial vehicles (CV) were affected by the Supreme Court judgement announced on March 29
Sat, Apr 29, 2017
Ashok Leyland expects the these three segments to contribute 50% of its revenues, up from 30% currently
Wed, Feb 22, 2017
Despite the government giving a year for automobile companies to follow the BS-IV emission norms, many continue to ask for an extension in the deadline.
The Voluntary-Vehicle Modernisation Programme (V-VMP) scheme also know old vehicle scrapping scheme that the Ministry of Road Transport and Highways is working on that incentivises buyers of new commercial vehicles (CV) is expected to increase CV sales volumes by a cumulative 65% (over sales in F
Mon, Feb 06, 2017
Despite the Budget's focus on the rural sector MHCV sales is expected to see a substantial decline in CV sales in FY18.
Wed, Jan 04, 2017
Tractor sales grew by a large 9%, while pick-ups grew by 14% year-on-year despite demonetisation
Mon, Oct 10, 2016
MHCV sales declined by 14% in Q2 FY17 from a huge 43% growth in the corresponding quarter last year, according to data from Society of Indian Automobile Manufacturers (SIAM).
Sun, Oct 09, 2016
It looks like automobile sector in India is finally taking the much needed corner towards higher sales.
Mon, Jul 11, 2016
This growth in sales was on the back of sales of utility vehicles (UV) which posted a 38.04% growth.
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