Page 5 - Commercial Vehicles

Commercial vehicle makers may incur Rs 6000 cr net loss this fiscal: Crisil

According to Crisil, the CV makers were already hit by new overloading norms and a slowing economy when the Covid-19 pandemic arrived

Commercial vehicle makers to incur Rs 6,000 cr net loss this fiscal: Report

CV makers were already hit by new overloading norms and a slowing economy when the Covid-19 pandemic arrived and sales volume had fallen 29% in the fiscal year ended March 2020

Escorts, Ashok Leyland: 5 commercial vehicle, tractor makers you can buy

Here are five stocks from the auto sector that look bullish on the charts.

Bharat Forge cranks up for the future as Covid dents biz at home and abroad

The second part of the series looks at Bharat Forge's strategy during Covid to restructure overseas units

Bad news for financiers: CVs in for a long haul, may be last to recover

Lower fleet utilisation, weak cash flows keep NBFCs under pressure

Covid-19 impact: Tata Motors' Q1 sales fall 82% over subdued demand

The company had sold 1,37,545 units in the April-June quarter of 2019-20

Eicher Motors Q4 PBT down 45.5% on absorbing share of Rs 14 cr loss in JV

Total income declines 11 per cent to Rs 2,351.30 crore

Commercial vehicle makers expect recovery in sales from second half of FY21

While economic slowdown, drying up of infrastructure projects and revised axle norms hit the sector badly in FY20, the coronavirus (Covid-19) pandemic has worsened the situation

Ashok Leyland domestic sales decline 90% at 1,277 units amid Covid-19

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

Creating start-up culture to look beyond trucks: Daimler India MD&CEO

Satyakam Arya said that the commercial vehicle segment took the worst hit during the automobile slowdown in India

Measures to attract FDI must be backed with proper infra: Ashok Leyland MD

Comment comes at a time when Centre and various State governments are aiming to attract companies looking at shifting their operations out of China

Tata Motors, Ashok Leyland pitch for incentive-based scrappage policy

Tata Motors, which is the leader in the commercial vehicle segment, said the upcoming legislation should clearly define incentives as well as regulatory norms for disposing the old vehicles

Scrappage scheme would give demand a boost: Ashok Leyland MD & CEO

A good scrappage policy could help improve efficiency of our transport fleet, reduce pollution and also help boost demand, said Vipin Sondhi

Large stimulus critical for re-starting economic engine: MD, Ashok Leyland

Supply chains need to be re-started, migrant labour needs to come back to work (in a systematic and safe manner), and consumer demand needs to be triggered, says Vipin Sondhi

Used-CV sales surge on rural demand uptick, health ministry guidelines

Small Commercial Vehicles and Light Commercial Vehicles are buoyant, Medium and Heavt segment yet to see traction

Covid-19 impact: Commercial vehicle sales to contract another 8-10% in FY21

ICRA said that it continues to maintain a negative outlook for the commercial vehicle (CV) segment over the near-term

Lockdown crushes Motown: Sales of top auto makers decline 64% in March

Auto sales decline by 64% as manufacturers shut down to prevent spread of coronavirus

Commercial vehicle sales declines in March over Covid-19, BS-VI transition

The domestic sales of Commercial Vehicles for Tata Motors declined 90 per cent in the month of March 2020, at 5,336 units compared to 50,917 units in March 2019

Ashok Leyland domestic sales skid 91% in March, Eicher total sales dip 83%

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

Coronavirus outbreak to have no impact on BS-VI transition: Ashok Leyland

The company, which is one of the leading players in the commercial vehicle segment, said its BS-IV inventory would be exhausted by the end of this month