Heavy Duty Truck sales projected to reach 2,75,000 to 2,80,000 units in India by FY24
Eicher HD Trucks saw the highest ever sales volume hike in FY23 at a 7.7% market share with a total of 18,965 units being sold.
Eicher Launches ‘Non-Stop’ Heavy Duty Truck Series in India
The Non-Stop series includes four new heavy-duty (HD) trucks; supported by a connected service eco-system and holistic service solutions such as AI and Machine learning. The HD trucks are equipped with advanced and powerful engines that provide high fuel
Tata Motors announces a 26.79% ownership of Freight Tiger with an INR 150 crore rupees investment
Tata Motors will have a stronghold in the digital end of the truck business in India by acquiring Freight Tiger. With most of the goods being transported by trucks, this acquisition can be beneficial for Tata Motors as their market share will also grow.
Mahindra Scorpio N-based Global Pik Up Spotted in India
The Mahindra Scorpio N-based pickup truck will be launched in South African, Indian, ASEAN, Central and South American and Australian markets. The Mahindra Global Pik Up is also scheduled to be launched in the Indian market in 2025.
Castrol CRB TURBOMAX Pragati Ki Paathshaala - A Nitin Gadkari initiative to upskill Indian truckers
This initiative aims to spur professional competencies among truck drivers across India. The planned on-ground reach of this programme is aimed to be more than 100,000 truck drivers with a target of upskilling over 10,000 truck drivers.
Mahindra launches a new CV - Mahindra Jeeto Strong at a starting price of INR 5.28 lakh
Mahindra Jeeto Strong is a successor to the Mahindra Jeeto Plus diesel and CNG truck. Jeeto Strong has 100 kg more payload capacity compared to the Jeeto Plus truck
FADA Commercial Vehicle Sales Report for October 2023: a 10.26% growth at a total of 88,699 units
Daimler India Pvt. Ltd. is at the top of YoY growth with a +57% change, Force Motors Ltd saw a growth of 29.80% and VECV Ltd is at the third spot with a +20.44% YoY change.
Ashok Leyland delivers AVTR 1922: India’s first LNG powered haulage truck
Ashok Leyland has become India’s first Original Equipment Manufacturer (OEM) to deliver an in-house BSVI Stage II emission-compliant LNG engine.
Ashok Leyland announces plans for LCV segment expansion in West Bengal and other Eastern Indian regions
Commercial vehicle maker Ashok Leyland is attempting to reinforce its position as the leading manufacturer in India with West Bengal expansion.
Tata Motors Received India’s First Auto PLI Certificate by ARAI in N1 Vehicles Category
The PLI scheme was first introduced in 2021 and over 115 companies in India including Tata Motors had filed for it. The PLI certificate signifies the exceptional contribution made by Tata Motors in the industry.
VECV Sales for October 2023 reached a total of 6,362; A Growth of 20.61%
Eicher Trucks reported total sales of 5,997 units for October 2023, indicating a 23.27% YoY growth, compared to 4,865 units sold in Oct 2022.
Ashok Leyland Reports 11.5% growth in Domestic Sales for October 2023
Ashok Leyland Export commercial vehicle sales data for October 2023 showed a growth of 139.86% and 133.00% in the LCV and M&HCV segments, respectively.
Tata Motors sold 34,317 Commercial Vehicles with a total reaching 82,954 units in October 2023
With 80,825 units sold domestically in the month, the company has revealed 6% YoY growth. Total Tata CV sales stand at 34,317 and total PV sales have reached 48,637 units for October 2023.
Mahindra SUVs and CVs Sales reached a highest ever total of 80,679 units in October 2023
Mahindra & Mahindra Ltd., recorded a total of 80,679 sales in October 2023. The numbers indicate a 36% growth in sales when compared to sales of October 2022.
BharatBenz launched another initiative with iQuippo allowing easy resale of commercial vehicles
The quality and long lifespan of BharatBenz trucks make them a lucrative business investment for customers hoping to purchase used BharatBenz commercial vehicles. Now this can be done in an easy process with the iQuippo platform.
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