LCV

The company is planning to invest Rs 750 crore in each of the next two years and is in the final round of talks to raise funds for its EV arm Switch Mobility

Company's EV push will be done through UK-based Switch Mobility - a combined entity of Ashok Leyland's electric CV operations and erstwhile Optare of UK

In a Q&A, Vipin Sondhi says the firm will launch more LCVs and step up exports to Africa and Middle East as part of its de-risking strategy

Its offering Bada Dost has helped in huge market share and volume gains

Its offering Bada Dost has helped in huge market share and volume gains

Demand for M&HCV segment is coming close to the pre-Covid level of 2019 but is still far below the 2018 level

With a new structure, SwitchMobility will be positioned to become Ashok Leyland's global arm, focusing on electric vehicles and green mobility solutions

"We will be extremely tight and vigilant on the capex," said CFO Gopal Mahadevan

"The festive season has started well for consumer durables and other essential goods/products across the country," says Revankar

Revenue from operations during the quarter stood at Rs 2,837 crore, down 28% YoY

In a Q&A, Anuj Kathuria dwells on the segment shift towards intermediate commercial vehicles (ICVs) and tippers

Among the two wheelers, motorcycles in the 150cc to 200cc segment have been the outliers

The CV major has said that LCV will be one of the three major levers to drive company's future growth

Dheeraj Hinduja says company's future product plans would revolve around auto buzzword CASE mobility. CASE is an acronym for Connected, Autonomous, Shared & Electric vehicles

No M&HCV buses were sold in May; company resumed operations recently after the government relaxed the lockdown norms

M&HCV truck sales in April 2019 was 7,517, bus sales was 1,401, while LCV sales stood at 4,224 units

Eicher's commercial vehicle (CV) sales dropped by 81 per cent to 1,409 units during the month from 7,329 units, a year ago

The drop came due to the truck business, which dropped by 58 per cent to 4,706 units from 11,117 units

While it is a positive for Tata Motors, M&M has been the biggest market share gainer in recent months