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Commercial vehicles

Commercial vehicle sales surpass expectations, indicating strong economic activity

by Adesola Mojo
Commercial vehicle sales surpass expectations, indicating strong economic activity

Sales of commercial vehicles – a barometer of economic activity – surpassed expectations last quarter driven by strong replacement demand and continued government spending on infrastructure. As per industry estimates, …

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Categories Automobile

Auto sector sees resilient two-wheeler growth amidst mixed performance in PVs and CVs for June 2024

by Adesola Mojo
Auto sector sees resilient two-wheeler growth amidst mixed performance in PVs and CVs for June 2024

Mumbai: Wholesale volumes across various segments of the automobile industry in June 2024 are anticipated to reflect a subdued trend, primarily attributed to the absence of wedding dates, according to …

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Categories Automobile

JK Tyre launches new tyre range for trucks, buses, and EVs: Lower operating costs, 10% longer life

by Adesola Mojo
JK Tyre launches new tyre range for trucks, buses, and EVs: Lower operating costs, 10% longer life

JK Tyre has debuted a new line of tyres for commercial vehicles. This product expansion includes four new variants namely, JETWAY JUM XM, JETWAY JUC XM, JETSTEEL JDC XD, and …

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Categories Automobile

India’s most fuel-efficient tyre by Michelin offers up to Rs 3 lakh savings for CVs

by Adesola Mojo
India’s most fuel-efficient tyre by Michelin offers up to Rs 3 lakh savings for CVs

Michelin tyres India today announced the launch of Michelin X multi-energy Z plus tyres for commercial vehicles in the Indian market. The company claims that this new tyre is the …

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Categories Automobile

Vehicle registrations rise by a modest 3 per cent in May

by Adesola Mojo
Vehicle registrations rise by a modest 3 per cent in May

Vehicle registrations – a proxy for retail sales – went up by a modest three percent to 2.09 million units last month with consumers delaying purchases due to election-related uncertainties …

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Categories Automobile

May auto retails impacted by heatwave and elections, dip 5.3% MoM: FADA

by Adesola Mojo
May auto retails impacted by heatwave and elections, dip 5.3% MoM: FADA

Auto retails in the month of May dropped 5.28 per cent on a monthly basis as showrooms saw lower footfall due to prevailing heatwave, lack of new models and the …

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Categories Automobile

Vehicle retail sales soar 27% in April; two-wheeler registrations jump 33%, cars up 16%

by Adesola Mojo
Vehicle retail sales soar 27% in April; two-wheeler registrations jump 33%, cars up 16%

New Delhi: Vehicle registrations in the country – a proxy for retail sales – went up by a robust 27% year on year to 2.2 million units in April, led …

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Categories Automobile

Tata Motors share price: Tata Motors to hike CV prices for offsetting input price pressures

by Adesola Mojo
Tata Motors share price: Tata Motors to hike CV prices for offsetting input price pressures

Tata Motors will be hiking the prices of its commercial vehicles from April 1, 2024 to offset the residual impact of past input costs, the company said in a stock …

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Categories Automobile

ashok leyland: Ashok Leyland progressing well in network expansion in North & East

by Adesola Mojo
ashok leyland: Ashok Leyland progressing well in network expansion in North & East

Chennai: Heavy commercial vehicle maker Ashok Leyland has drawn up network expansion plans in the North and Eastern parts of the country, a top company official has said. The Hinduja …

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Categories Automobile

Maruti Suzuki: Maruti Suzuki total sales down 1.28 pc at 1,37,551 units in Dec 2023

by Adesola Mojo
Maruti Suzuki: Maruti Suzuki total sales down 1.28 pc at 1,37,551 units in Dec 2023

New Delhi: Maruti Suzuki India on Monday reported a 1.28 per cent decline in total sales at 1,37,551 units in December 2023. The company had posted total sales of 1,39,347 …

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Categories Automobile
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