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Commercial Vehicle Segment

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  • Tata Motors to hike prices by up to 2% on commercial vehicles from April 2024

    The price increase is to offset the impact of the past input costs, India’s largest commercial vehicle manufacturer said.

  • Margins to improve; see growth in passenger vehicle seg: JK Tyre

    The medium-term outlook for margins is good with rubber prices expected to go down further and reasonably strong demand, said Vivek Kamra, President, JK Tyre.

  • Cholamandalam sees NPAs declining; CVs to receive greater focus

    Everybody in the NBFC space has seen a decrease in cost of funds and the company per se has shifted their mix more towards debentures, said Vellayan Subbiah, Managing Director, Cholamandalam Investment and Finance.

  • Keen to keep margins at 16.8%; focus on brand marketing:Gulf Oil

    Besides the motorcycle oil segment, the company also saw demand from the car, commercial vehicles and industrial infrastructure segments, said Ravi Chawla, MD, Gulf Oil Lubricants.

  • Plan to expand LCV segment portfolio: Ashok Leyland

    Multi-utility van Dost did a very good job of securing the company‘s first foothold and now every year the company plans to see ways to further expand its portfolio and presence in the LCV segment, V Sumantaran, vice-chairman, Ashok Leyland says.

  • Slowdown in CV segment may force recruitment freeze: Bosch

    Bosch India, managing director, Steffen Berns told CNBC-TV18's Ronojoy Banerjee that there are no signs of a turnaround yet.

  • Delinquency rates in comm vehicle segment up in H1: Report

    Delinquencies by a number of CV loan accounts that are more than 30 days outstanding have rose to 13 percent from around 11 percent, a growth of 18 percent in the first half of 2013, said credit information service provider Equifax Credit Information Services.

  • Bus sales run on tepid growth for Apr-Nov

    In the auto space, the commercial vehicle segment maybe growing at 10%, but bus sales have failed to catch up this year.

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