Volvo Eicher Trucks
Price hike due to new BS VI norms will be within 5%: VECV CEO Aggarwal
Auto industry has 'mostly overcome' semiconductor issue, says leader of Volvo Eicher Commercial Vehicles
 "Price hike due to new BS VI norms will be within 5%: VECV CEO Aggarwal")
Volvo-Eicher looks to make most of post-pandemic recovery in bus market
Aims to disrupt intercity segment with fully-built luxury coaches
 "Volvo-Eicher looks to make most of post-pandemic recovery in bus market")
CV volumes to stay resilient as demand recovery takes hold in FY23
Margin pressures may continue on competitive pressures, input cost inflation
 "CV volumes to stay resilient as demand recovery takes hold in FY23")
Product portfolio, expanding markets to drive gains for Eicher Motors
In addition to volume growth, margin gains hinge on raw material/freight cost movement
 "Product portfolio, expanding markets to drive gains for Eicher Motors")
Can the policy push to EVs give a booster shot to pandemic-hit bus makers?
The high acquisition cost may still be a dampener for the financially beleaguered STUs
 "Can the policy push to EVs give a booster shot to pandemic-hit bus makers?")
With economic activity in deep freeze, truckmakers wait for signs of thaw
Balance-sheet squeeze makes purchase of trucks impractical, they say
 "With economic activity in deep freeze, truckmakers wait for signs of thaw")
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
 "Ashok Leyland domestic sales skid 91% in March, Eicher total sales dip 83%")
Volvo Eicher sees no rush among transporters to buy BS-IV trucks
Automakers in India import about 10% of their raw materials from China
VE Commercial Vehicles sales decline 19% at 5,042 units in December
The company, which is a Volvo Group and Eicher Motors joint venture, said Eicher branded trucks and buses recorded a total sales 4,910 units last month as compared to 6,113 units in December 2018
 "VE Commercial Vehicles sales decline 19% at 5,042 units in December")
VECV says it is a long-term player, auto slowdown hasn't impacted its capex
The Volvo-Eicher Motors JV plans to invest Rs 650-700 cr on BS VI rollout, apart from a greenfield venture in Bhopal
 "VECV says it is a long-term player, auto slowdown hasn't impacted its capex")
Volvo-Eicher JV to set up Rs 4-bn truck manufacturing plant in Bhopal
'The Madhya Pradesh government has allotted land for the new plant and work to set up this plant is expected to start soon'
