Page 4 - Commercial Vehicle Sales

Commercial vehicle sales to stay muted, expect turnaround by mid-FY20: Tata

In CV segment, the company is "not actively" going to switch to BS-VI before April 1, 2020, he added.

Ashok Leyland to observe up to 12 non-working days during November

Company reports a 50% drop in domestic M&HCV sales in October, led mainly by a decline in truck volumes

Top 10 biz headlines: No GST relief for auto cos, opposition to RCEP & more

From chances of the auto industry having to wait longer for a GST rate cut on cars to Maruti Suzuki planning to lease 100 sales outlets to car dealers, here are the top business headlines for Monday

Top 10 biz headlines: Truck sales fall 60%, GST cut for hybrid cars & more

From sales of medium and heavy commercial vehicles falling by over half in Aug to the GST Council considering a breather for hybrid vehicles in its upcoming meeting, here is today's top business news

Passenger vehicle sales decline by 18% in June, car sales down 25%: SIAM

Vehicle sales across categories registered a decline of 12.34 per cent to 19,97,952 units from 22,79,186 units in June 2018, it added.

Scrapping aged trucks and buses may lead to minimal sales push

Finer details of the policy are yet to be finalised and made public

Two-wheeler and commercial vehicle sales end 2017 in top gear

Automobile sales in India fell 18.66% in December 2016, the steepest in 16 years as severe cash crunched forced consumers to put off purchase

CV sales to grow 6-7% in FY18 on back of pent-up demand after GST: ICRA

Domestic commercial vehicle (CV) sales are expected to grow by around 7 per cent in the current fiscal on the back of pent-up demand post GST and replacement cycle in CVs driving the sales, as per rating agency ICRA. The CV sales remained on the slow lane prior to July during the first quarter due to various reasons including pre- buying in fourth quarter of last fiscal and fleet operators deferring new vehicle purchases in view of incoming GST regulation from July 2017. As a result of these factors, the domestic CV sales contracted by 9.1 per cent during the first quarter with M&HCV (Truck) sales being impacted the most. "The industry will find its momentum back aided by increased thrust on infrastructure and rural sectors in the recent budget, potential implementation of fleet modernisation and higher demand from consumption-driven sectors," ICRA Senior Group Vice-President Corporate Sector ratings Subrata Ray said. There has also been considerable improvement in ..

Commercial vehicle sales in July see double-digit growth

Tata Motors reported a 15% growth in sales of commercial vehicles at 27,842 units