Page 2 - Trucks

Gati ramps up network capacity by 20-25%; increases workforce by 15%

Express distribution firm Gati has ramped up its network capacity by 20-25 per cent by adding 100 line haul trucks to its flexi network

Class 8 truck order decline may impact near-term outlook for Bharat Forge

Brokerages are positive on prospects given strong outlook for oil and gas segment and recovery in domestic CV business

Tesla confirms Cybertruck electric pickup delayed to 2022: Report

Electric Vehicle company Tesla has now confirmed that the Cybertruck electric pickup truck is delayed to 2022 after months of hinting at the possible delay in reaching production.

Medium, heavy passenger EVs increase from 124 in 2018 to 1,356: Gadkari

The number of electric vehicles operational in the medium and heavy passenger vehicle category has increased from 124 in 2018 to 1,356 as on date, Parliament was informed on Thursday. In a written reply to a query in the Lok Sabha, Road Transport and Highways Minister Nitin Gadkari said the number of electric vehicles registered for transport of cargo has increased from 6,246 in 2018 to 27,645 as on date, according to Vahan 4 records. Gadkari said under the Phase-I of Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) scheme, 425 electric buses were supported. Further, the Ministry of Heavy Industries has sanctioned 6,265 electric buses to 65 cities/ state transport undertaking/ state government entities for intra-city and inter-city operations. Out of these 6,265 electric buses, supply orders for 3,118 electric buses have been issued by the selected entities, he said. Replying to a separate question, Gadkari said the Advanced Traffic ...

Daimler to keep 35% stake in trucks business, spin off this year

Daimler will keep a 35% stake in the trucks division it plans to spin off this year, the luxury carmaker said, giving more details on a landmark corporate split it hopes will boost share values

Trucking startup BlackBuck's valuation crosses $1 bn, joins unicorn club

BlackBuck, which digitises fleet operations for the truckers, will use these funds to further penetrate the market and launch new service offerings for its customer base

Hyundai raises hydrogen game as new class of Xcient trucks roll into Europe

A new class of the Xcient Hyundai truck, equipped with more efficient fuel cells with longer life-span, is due to arrive in Europe in the fourth quarter, said Mark Freymueller, CEO of Hyundai Hydrogen

Truck rentals on key trunk routes down by further 5-7% in past fortnight

Poor fleet utilisation, lack of return loads weighs on capacity of transporters to repay truck loans, puts question mark on business viability

GM profit surges to $2.98 billion on sales of higher-margin trucks

General Motors' first-quarter net income surged to $2.98 billion as strong US consumer demand and higher prices offset production cuts brought on by a global shortage of computer chips

Truckers say fresh curbs in Maharashtra may inflict daily loss of Rs 315 cr

Truckers on Tuesday said that fresh restrictions imposed in Maharashtra to contain the surge in coronavirus cases is a setback for the sector

How India's small truck aggregator industry is accelerating deliveries

The Deloitte study pointed out that in 1991, there was one driver per truck in India, but now at least one in four trucks (27 per cent) lies idle due to lack of drivers

Fuel price hike could see 50,000 small truckers going out of business

Industry players say vehicle supply is already higher than needed, so when fleet owners prune sizes, single-owners who supply them their trucks will be hit hard

Daimler to spin off trucks in shift to electric, self-driving vehicles

Under the planned spin-off, a significant majority stake in Daimler Truck would be distributed to Daimler shareholders

Ford's pick-up trucks spotted at Jayem Automotives' Coimbatore facility

If the product is launched in the Indian market it will be positioned against other pick-up trucks in India including the Tata Yodha, Mahindra Bolero and Isuzu D-max

Tata Motors only truck maker to reduce discounts, says CV unit chief

Girsh wagh says firm took a bold decision to prune incentives by almost a third during BS VI transition

Covid-19 impact: As debt piles up, transporters surrender or sell trucks

IFTRT says 30,000 trucks have either been impounded or surrendered

Ashok Leyland launches BOSS LX and LE trucks; prices start at Rs 18 lakh

The two models start at Rs 18 lakh, the ex-showroom prices in Mumbai, Delhi, and Chennai.

Overdue replacement cycle to drive recovery in commercial vehicles: VECV

Overdue replacement cycle of commercial vehicles will drive recovery in the market, while demand for trucks is expected to start coming back from October-November onwards

Covid impact: VRL Logistics, India's biggest trucker, to scrap 15% of fleet

The operator of about 5,000 vehicles, including tankers, cranes and buses, has identified some 700 low capacity trucks for possible scrappage

How technology is helping in increasing a truck's capability, productivity

Today, most major CV manufacturers, such as Tata Motors, Ashok Leyland, Mahindra, Daimler India and VE Commercial Vehicles, offer 'smart trucking' solutions