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| 12 August, 2020, 08:38 PM IST | E-Paper
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    LCV & HCV

    Daimler Trucks infuses Rs 2,277 crore in India, to start second shift on demand recovery

    The maker of Bharat Benz expects the light to heavy truck market to grow by 30-50% in 2021. But this bounce back in growth will be on a very low base of 2020, where Bharat Benz expects the market to slip by 50-60% this year. To be sure, from January to June, the market has already nosedived 74% and this after 25-30% decline in 2019.

    M&M July tractor sales up 27% at 25,402 units owing to timely monsoon, cash flow

    Exports during the month stood at 939 units, as compared to 818 units in July last year, up 15 per cent, the company said.

    Latest range of modular AVTR trucks from Ashok Leyland delivered to customers

    "Our AVTR range of trucks provides our customer with the latest in technology and innovation. With our economy gradually picking up and business coming to normalcy, these trucks will play a crucial role to get the goods moving," Kathuria said in a press release.

    VECV upgrades entire range of commercial vehicles with connected technology

    "We are now the first company in the country to be selling fully-connected commercial vehicles," VECV CEO Vinod Aggarwal said. The entire lineup of the company's commercial vehicles, ranging between 4.9 tonnes and 55 tonnes, will come with telematics system with two years free subscription, he added.

    PEMSPL says working to develop own tech for EVs, may take 5-6 yrs to integrate into products

    "When we went for technology selection, we had two options -- either go for the European technology or the Chinese technology. Chinese, as we all know, is the cheaper technology but a stable one as well. We chose to go with Foton back in 2017 basis the fact we wanted to get products quicker, suitable for India," PEMSPL Director Aman Garg told.

    Piaggio Vehicles launches online sales facility for commercial vehicles

    The new sales initiative, which the company claims is first-of-its-kind in the CV sales space, comes nearly a month after Piaggio Vehicles Private Limited (PVPL) rolled out a digital platform for its Vespa and Aprilia brands of scooters.

    Good monsoon to help tractor sales bounce back after lockdown: Crisil

    Rating agency Crisil expects a well-distributed and normal monsoon to limit the impact of the Covid-19 pandemic on tractor sales volume this fiscal year.

    M&M introduces Sarpanch Plus tractors in Maharashtra at ex-showroom price of Rs 6.60 lakh

    Mahindra & Mahindra (M&M) on Monday said it has introduced its new Sarpanch Plus range of tractors in Maharashtra, with the launch of the 575 Sarpanch Plus model priced at Rs 6.60 lakh.

    Commercial Vehicle owners push for extension of policy, but insurers disagree

    Vehicle owners want to invoke the Indian Motor Tariff Endorsement 11, which asks insurers to either extend the policy or reduce the premium in the subsequent renewal if a vehicle is "laid up" in a garage for an extended period. However, the insured are required to inform the insurer in advance about such a lay-up.

    Buses may be redesigned to suit post Covid rules: Ashok Leyland

    Buses could undergo a redesign from the inside to take into consideration norms of social distancing, Vipin Sondhi, MD and CEO of Ashok Leyland said while launching the commercial vehicle major’s range of modular trucks, AVTR, equipped with i-Gen6 BS-VI technology on Thursday.

    Ashok Leyland drives in BSVI-compliant truck range based on modular platform

    Ashok Leyland drives in BSVI-compliant truck range based on modular platform

    Ashok Leyland COO Anuj Kathuria said the company will roll out the AVTR range from different plants across the country where it has done necessary modifications. The company is also looking to scale up its sales and service network across the country, he noted.

    Mahindra & Mahindra tractor sales fall 1 per cent in May, exports slump 72 per cent

    Mahindra & Mahindra tractor sales fall 1 per cent in May, exports slump 72 per cent

    New Delhi, Jun 1 () Mahindra & Mahindra on Monday reported 1 per cent decline in total tractor sales at 24,341 units in May.

    Rural prosperity drive demand, tractor makers look to ramp up supply

    Rural prosperity drive demand, tractor makers look to ramp up supply

    Demand for tractors has outstripped supply, as output has fallen with factories operating at a quarter of their capacity due to the lockdown regulations.

    Tractors a symbol of an upbeat agriculture sector

    Tractors a symbol of an upbeat agriculture sector

    Demand for tractors is rising as fertiliser sales and foodgrain production hit record highs, reservoirs hold more water than 10-year average and a normal monsoon is forecast.

    Daimler India Commercial Vehicles resumes plant operations

    Daimler India Commercial Vehicles resumes plant operations

    The company said it was able to restart operations at the plant in less than 24 hours after receiving permission from local authorities as it had started intensive preparation even before the lockdown in India came into effect in March, DICV said in a statement.

    Ashok Leyland reports zero sales in April

    Ashok Leyland reports zero sales in April

    Commercial vehicle major Ashok Leyland on Tuesday said it sold no units last month amid the nationwide lockdown. The company had sold a total of 13,626 units in the domestic and export markets in April 2019, Ashok Leyland said in a statement.

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