Page 7 - Commercial Vehicles
New regulatory rules slow down growth of commercial vehicle sales
Light commercial vehicle volume sales growth would also lessen but still be a healthy 9 per cent
 "New regulatory rules slow down growth of commercial vehicle sales")
CV sales in last 4 months slip, but industry hopeful of robust growth
The first half of 2019 is expected to be slow while the second half should see a push once pre-buying for BS-VI kicks in
 "CV sales in last 4 months slip, but industry hopeful of robust growth")
Shriram Transport to M&M Finance, volume dip deflates vehicle financiers
Weak volume outlook and higher cost of capital remain an overhang on Shriram Transport, Mahindra Finance and Cholamandalam Investments and Finance
 "Shriram Transport to M&M Finance, volume dip deflates vehicle financiers")
Despite last year's low base, sales of heavy-duty trucks moderate in Oct
The sales have moderated from 25% last month to 15% this month
 "Despite last year's low base, sales of heavy-duty trucks moderate in Oct")
Truck utilisation rate at five-year high even before festive sales
Sales at India's top four manufacturers advanced by a fourth to 95,122 units in September
 "Truck utilisation rate at five-year high even before festive sales")
Commercial vehicle makers to drive into 1-million unit club in FY19
The industry produced 894,551 units of CVs last financial year, with a growth of 10.40 per cent
 "Commercial vehicle makers to drive into 1-million unit club in FY19")
Foreign automakers struggle on commercial vehicle route: Here's why
90 per cent of the medium and heavy commercial vehicle (M&HCV) market is dominated by domestic players
Commercial vehicle makers expect to surpass 20% growth of 2017-18
Automobile makers have seen strong revival in sales, aided by the higher government spending on infrastructure, greater replacement demand and easing of GST-led disruption
 "Commercial vehicle makers expect to surpass 20% growth of 2017-18")
Scrapping old commercial vehicles to have little impact on city pollution
Transporters and other stakeholders said the vehicles that will be de-registered would mostly be the ones plying in smaller towns and interior parts of the country
 "Scrapping old commercial vehicles to have little impact on city pollution")
Medium, heavy commercial vehicle sales on multiple-year high at 2017-end
A Tata Motors spokesperson said the domestic CV industry witnessed challenge in the initial months of FY18 due to demonetisation
 "Medium, heavy commercial vehicle sales on multiple-year high at 2017-end")
Fleet modernisation proposals to boost CV sales, improve fuel efficiency
8% of overall fleet would need to be replaced if commercial vehicles above 15 yrs are scrapped
 "Fleet modernisation proposals to boost CV sales, improve fuel efficiency")
Margin pressures to stay high for truck makers
Aggressive discounting making it difficult to raise prices
 "Margin pressures to stay high for truck makers")
