Apr 16, 2021 10:19 PM IST
The demand for personal vehicles and two-wheeler segments shot through the roof post the unlocking as people tried to avoid public transport, the recovery in demand was quite exceptional. Tractor & commercial vehicles witnessed slow recovery post unlocking. But now they are catching up fast as sales start to witness growth from pre-COVID levels. Watch the video to know more
- Apr 02, 2021 05:39 PM IST
Vehicle Inspection and Certification Centres have been set up at Cuttack in Odisha, Lucknow in Uttar Pradesh, Bengaluru in Karnataka, Surat in Gujarat, Nashik in Maharashtra, Rohtak in Haryana and Jhuljhuli in Delhi, sources told Moneycontrol.
- Mar 18, 2021 07:35 PM IST
The MoRTH will also look to set up 50 scrapping centres across India by December 2023, as part of the new vehicle scrappage policy.
- Mar 18, 2021 02:53 PM IST
The Union road transport ministry has similarly proposed the de-registration of commercial vehicles after 15 years if the owners fail to renew the fitness certificates.
- Dec 29, 2020 08:12 PM IST
The Commission for Air Quality Management for Delhi NCR and adjoining areas has called for strict implementation of the RFID system at thirteen toll plazas of the national capital.
- Jul 27, 2020 05:15 PM IST
DigitAL Nxt comprises i-Alert 3.0, AL Cares and Uptime Solution Centre, the release said adding that it will empower customers to better manage their business and enhance profitability.
- Jul 23, 2019 09:06 AM IST
The growth of inland waterways and the dedicated freight corridor will impact long-term truck demand
- Jan 29, 2019 08:25 PM IST
The non-banking finance company recently got approval from its board to raise up to Rs 10,000 crore via public issue of bonds.
- Jul 31, 2018 03:51 PM IST
The transport union had been demanding a cut in insurance premium after the premium was hiked in the range of four to 30 percent for 2018-19
- Apr 22, 2018 11:10 AM IST
According to Society of Indian Automobile manufacturers (SIAM) data, Tata Motors sold a total of 3,76,456 units of CVs in 2017-18 as against 3,05,620 units in 2016-17, a growth of 23.17 percent.
- Mar 16, 2018 10:19 AM IST
Demand has been strong and is expected to grow with pick up in construction activity. As India continuous to grow there will be demand for more number of vehicles, said Umesh Revankar, MD, Shriram Transport Finance.
- Mar 15, 2018 10:30 AM IST
The commercial vehicle business comprising of medium and heavy vehicles was growing at a fast rate in India, which is good for component manufacturers, said Baba Kalyani CMD, Bharat Forge.
- Jan 04, 2018 08:54 AM IST
Tata Motors is the first auto-maker in the country to introduce a standard driveline warranty of six years on the entire M&HCV range including tractor-trailers, and multi-axel trucks & tippers," the company said in a statement.
- Dec 22, 2017 10:26 AM IST
Going forward after March 2018, the company is not expecting any disruptions and in fact more benefits of GST to flow through, Vinod Aggarwal, MD & CEO - VE Commercial Vehicles, Eicher Motors.
- Nov 16, 2017 12:05 PM IST
Demand for new vehicles in Q3 so far has been subdued but that for used commercial vehicles is good, said Umesh Revankar, MD, Shriram Transport Finance.
- Aug 14, 2017 02:05 PM IST
The current selling prices of Bharat Stage-4 (BS-4) and that of Bharat Stage-3 (BS-3) variant trucks have now become comparable because of two reasons, post-GST tax reduction and the now added double digit discounts.
- Mar 29, 2017 02:32 PM IST
The combined inventory value is seen at Rs 12,000 crore. Breaking down the inventory pool, there are 96,000 commercial vehicles, over 6,00,000 two-wheelers, and 40,000 three-wheelers.
- Mar 01, 2017 03:18 PM IST
PV sales for February were reported at 20,605 units against 23,718 units. But commercial vehicle sales grew to 16,383 units against 13,864 units
- Mar 01, 2017 12:31 PM IST
Hinduja Group firm sold 14,067 units last month against 13,403 units during the same period last year.
- Feb 08, 2017 05:05 PM IST
World‘s largest forging company Bharat Forge on Wednesday said that it is expecting accelerated revenue from non-auto segments like defence, railways, aerospace in the coming quarters aimed at becoming net debt free next year.
- Jan 26, 2017 10:26 AM IST
After witnessing a "huge impact" due to demonetisation in November, homegrown auto major Tata Motors says it is seeing signs of recovery since the second half of December.
- Jan 23, 2017 11:03 AM IST
The company's net profit fell over nearly 15 percent to Rs 23.2 crore, while its income from operations too fell to RS 708.7 crore against Rs 833.5 crore in the year ago period.
- Jan 10, 2017 11:42 AM IST
Domestic passenger vehicle sales declined by 1.36 per cent to 2,27,824 units in December 2016, from 2,30,959 units in the same month a year ago.
- Jan 02, 2017 04:26 PM IST
Tata Motors today reported a 2 per
cent increase in total sales at 40,944 units in December as
against 39,973 units sold in the year ago period.
- Dec 25, 2016 01:42 PM IST
The ex-showroom prices of its small commercial vehicles (up to 3.5 tonnes) would also increase in the range of Rs 1,500 to Rs 6,000 from January, he added.