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  • Ideas For Profit | Will the auto sector continue its fast-track race amidst the second wave of COVID-19? Apr 16, 2021 10:19 PM IST

    Ideas For Profit | Will the auto sector continue its fast-track race amidst the second wave of COVID-19?

    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

  • Govt sets up 7 vehicle testing fitness centres, says road ministry official Apr 02, 2021 05:39 PM IST

    Govt sets up 7 vehicle testing fitness centres, says road ministry official

    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.

  • Vehicle scrappage policy | Govt will setup 75 fitness centres by March 2023, says road ministry official Mar 18, 2021 07:35 PM IST

    Vehicle scrappage policy | Govt will setup 75 fitness centres by March 2023, says road ministry official

    The MoRTH will also look to set up 50 scrapping centres across India by December 2023, as part of the new vehicle scrappage policy.

  • Proposed de-registration of private vehicles after 20 years if fitness certificate not renewed: Nitin Gadkari Mar 18, 2021 02:53 PM IST

    Proposed de-registration of private vehicles after 20 years if fitness certificate not renewed: Nitin Gadkari

    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.

  • Commercial vehicles' entry in New Delhi without RFID tags banned from January 1 Dec 29, 2020 08:12 PM IST

    Commercial vehicles' entry in New Delhi without RFID tags banned from January 1

    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.

  • Ashok Leyland expands digital solutions for commercial vehicles Jul 27, 2020 05:15 PM IST

    Ashok Leyland expands digital solutions for commercial vehicles

    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.

  • Recovery in commercial vehicle segment is unlikely to happen anytime soon Jul 23, 2019 09:06 AM IST

    Recovery in commercial vehicle segment is unlikely to happen anytime soon

    The growth of inland waterways and the dedicated freight corridor will impact long-term truck demand

  • 3-Point Analysis | Shriram Transport Q3 FY19 review Jan 29, 2019 08:25 PM IST

    3-Point Analysis | Shriram Transport Q3 FY19 review

    The non-banking finance company recently got approval from its board to raise up to Rs 10,000 crore via public issue of bonds.

  • Exclusive | Third party insurance premium on commercial vehicle could be cut by 10% Jul 31, 2018 03:51 PM IST

    Exclusive | Third party insurance premium on commercial vehicle could be cut by 10%

    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

  • Tata Motors bets on turnaround plan to boost CV market share to 44% in FY18 Apr 22, 2018 11:10 AM IST

    Tata Motors bets on turnaround plan to boost CV market share to 44% in FY18

    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.

  • Expect return of 18-20% AUM growth; upbeat on demand: Shriram Transport Fin Mar 16, 2018 10:19 AM IST

    Expect return of 18-20% AUM growth; upbeat on demand: Shriram Transport Fin

    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.

  • Upbeat on growth for all biz verticals; capacity expansion likely: Bharat Forge Mar 15, 2018 10:30 AM IST

    Upbeat on growth for all biz verticals; capacity expansion likely: Bharat Forge

    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.

  • Tata Motors offers 6-years warranty for entire truck range Jan 04, 2018 08:54 AM IST

    Tata Motors offers 6-years warranty for entire truck range

    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.

  • FY19 likely to be even better than FY18; GST benefits flowing through: Eicher Motors Dec 22, 2017 10:26 AM IST

    FY19 likely to be even better than FY18; GST benefits flowing through: Eicher Motors

    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.

  • See good demand for used vehicles; disbursement trend good: Shriram Transport Fin Nov 16, 2017 12:05 PM IST

    See good demand for used vehicles; disbursement trend good: Shriram Transport Fin

    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.

  • Post GST, BS-4 trucks available at BS-3 prices Aug 14, 2017 02:05 PM IST

    Post GST, BS-4 trucks available at BS-3 prices

    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.

  • Supreme Court ban on BS-III vehicles' sale sends auto stocks lower Mar 29, 2017 02:32 PM IST

    Supreme Court ban on BS-III vehicles' sale sends auto stocks lower

    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.

  • PV drags M&M's Feb sales 3%, but CV grows 18%; tractor up 11% Mar 01, 2017 03:18 PM IST

    PV drags M&M's Feb sales 3%, but CV grows 18%; tractor up 11%

    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

  • Ashok Leyland posts 5% increase in February sales Mar 01, 2017 12:31 PM IST

    Ashok Leyland posts 5% increase in February sales

    Hinduja Group firm sold 14,067 units last month against 13,403 units during the same period last year.

  • Bharat Forge aims to be debt free; lines up Rs 300 cr capex Feb 08, 2017 05:05 PM IST

    Bharat Forge aims to be debt free; lines up Rs 300 cr capex

    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.

  • Recovery on after initial demonetisation impact: Tata Motors Jan 26, 2017 10:26 AM IST

    Recovery on after initial demonetisation impact: Tata Motors

    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.

  • Force Motors falls over 6% on weak Q3 results Jan 23, 2017 11:03 AM IST

    Force Motors falls over 6% on weak Q3 results

    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.

  • Car sales down 8.14% in Dec, passenger vehicles decline 1.36% Jan 10, 2017 11:42 AM IST

    Car sales down 8.14% in Dec, passenger vehicles decline 1.36%

    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.

  • Tata Motors sales up 2% at 40,944  units in Dec Jan 02, 2017 04:26 PM IST

    Tata Motors sales up 2% at 40,944 units in Dec

    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.

  • M&M to hike vehicle prices by up to Rs 26,500 from January Dec 25, 2016 01:42 PM IST

    M&M to hike vehicle prices by up to Rs 26,500 from January

    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.

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