Ashok Leyland expects to cross INR 1,000 crore mark from defence business in FY24
In the first half of the year, the brand generated business of over INR 300 crore. A significant hike in defence business turnover is expected by the second half of the year.
VECV sells 4,333 units of commercial vehicles in November 2023 with a 3.78% YoY growth
Eicher trucks also experienced a gain of 3.41% with CV sales reaching 4,128 units for the month. Volvo trucks also witnessed a 12% growth in CV sales.
Ashok Leyland commercial vehicle sales for November 2023 - A 5% drop with 12,049 units sold in India
While the company saw a drop in domestic sales, it flourished significantly in the international market. The brand experienced a +116% year-on-year (YoY) change for the export category with a total of 437 CV units being sold during the month.
Mahindra Commercial Vehicle sales for November 2023 - A 16% growth with a total of 28,779 sold in India
Mahindra reported a growth of 16% with total CV sales reaching 28,779 units in the month compared to last year’s total of 24,789 units.
Tata Motors commercial vehicle sales for November 2023 - Total 26,579 units sold in India at 3% drop
The company reported total (Domestic + Export) sales of 74,172 units (CVs + PVs) in Nov 2023. Previously total numbers were at 75,478 units in November 2022.
Tata Motors launches deliveries of Prima VX tipper
The state-of-the-art Tata Prima VX Tipper truck is designed for high productivity, better safety and enhanced comfort for the drivers.
BharatBenz announces partnership with communication company Dentsu India
Dentsu Creative will develop brand strategy, creative campaigns and digital content for BharatBenz trucks and buses. Dentsu X will handle media planning and buying of digital and traditional media for the manufacturer.
Tata Motors launches fourth Registered Vehicle Scrapping Facility in Chandigarh
The state-of-the-art facility makes use of eco-friendly processes to disassemble end-of-life vehicles. The scrapping facility has the capacity to safely dismantle 12,000 vehicles per year.
FADA 42-day festive period sales data - Commercial Vehicles up by 18.11%, total sales up by 18.73% with 37.93 lakh units
During the 42-day festive period (15th Oct 23 to 15th Nov 23), commercial vehicles saw an 8.11% YoY growth. The commercial vehicle sales reached a total number of 1,23,784 units.
AMPL opens second 3S facility in Varanasi for Ashok Leyland commercial vehicles
This is AMPL’s second facility in the city and the fifth touch point in Uttar Pradesh. The facility is strategically located on National Highway (NH) 19 and serves as a vital point connecting all Northern and Eastern states.
IGL and CONCOR sign MoU to set up LNG/LCNG infrastructure in India
The memorandum of understanding (MoU) between IGL and CONCOR indicates the commitment of both companies to reduce carbon emissions and develop a greener and eco-friendly freight movement in India.
Volvo FH Electric receives ‘Truck of the Year 2024’ Award; Volvo India aims for 50% of vehicles to be fossil fuel free
The Volvo FH Electric truck is one of the most sold electric trucks worldwide with over 1.4 million unit sales. The truck has been selected for the Truck of the Year award for the fourth time this year.
Future of Daimler Trucks - Hydrogen and Electric Battery Powered Trucks
Daimler Truck AG launched an electric long-haul truck - eActros 600, with a driving range of 500 km. The 44-tonne eActros is powered by a 600 kWh battery that can be charged from 20% to 80% in just 30 minutes using a megawatt charging system.
Heavy Duty Commercial Vehicle revenue expected to grow by 30% in FY24
A previous hike was seen when total HD truck sales reached 1,007,311 in FY19 before COVID-19 happened. FY24 sales are expected to break this record and around 30% growth in revenue is projected when compared to FY23.
Tata Motors launches sales and services with four new trucks in Thailand with Inchcape
The company has launched several new trucks including Tata Super Ace, Tata Ultra T.14, Tata Ultra T.9 and Tata Prima 5038.S with services such as Tata OK and Tata Protect for these vehicles.
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