Moneycontrol PRO
HomeNewsCvs
Jump to
  • 2W, PV and CV sales decline in May as tepid demand, high financing costs linger

    India’s passenger vehicle market is cooling off, with growth seen slowing to 1–2 percent in FY26 from 3 percent last year, as affordability issues, macro uncertainty, and changing buyer preferences weigh on demand.

  • As JLR’s sales hit the skids, is an earnings downgrade imminent for Tata Motors?

    Apart from supply issues at JLR, global car demand is slowing even as Tata Motors is faced with moderation in CV and PV sales in the domestic market

  • Stock of the Day | Craftsman Automation | Capitalising on aluminium trend in automotive, CV upcycle

    CAL is the largest player in the machining of cylinder blocks and cylinder heads for CVs in India. In the tractor segment, the company CAL is one of the key component players. Its aluminium product segment is expected to outperform driven by advanced emission norms and wider adoption of EVs

  • Why is there optimism in commercial vehicle firms in spite of declining sales?

    With better utilisation of fleet and regulatory concerns behind them, there should be replacement of vehicles over the medium term

  • Car sales in fast lane with 8.4% growth in FY24, riding on robust growth and chip supply

    Despite rising commodity prices and the increase in vehicle costs, factors like improved supply of semiconductor chips and strong economic growth for FY24 resulted in higher vehicle offtake, as per SIAM.

  • Can Ashok Leyland’s de-risking strategy offset industry slowdown?

    After two years of good growth, the commercial vehicles industry is seeing sales growth shift to the slow lane

  • Chart of the Day: Are CVs facing a mere blip or a downturn in sales?

    While there may be some softness in demand due to elections in the near term, underlying demand appears to be intact

  • PV sales race past 1 million mark in Q3 FY24, up 8.26% YoY, shows SIAM data

    While domestic auto sales across all segments grew 19.48 percent YoY, PV exports slipped slightly to 1,69,463 units against 1,70,458 units during this period.

  • Interview | EV localisation will take off as supply chains warm up to India: PB Balaji, CFO, Tata Motors

    The only stumbling blocks, says Balaji, are semiconductor availability for JLR, inflation, and the ability to manage cost challenges at Tata Motors

  • As Tata Motors regains market share in CVs, who loses?

    October wholesale data shows that while Tata Motors’ overall CV sales vaulted in recent months to grab half the market share, Mahindra and Mahindra lost ground mainly due to supply-chain issues

  • CV makers have heavy lifting to do amid mounting headwinds to growth

    CV sales are still below the August 2019 levels. Industry experts state that FY2022 sales would at best touch FY2015 levels, hardly a reason for celebration

  • Tailwinds gather momentum to make CV upcycle more convincing

    Sales of tippers and long haul trucks indicate that infrastructure projects are gaining traction

  • Bharat Forge looks beyond the auto upcycle at new growth levers

    While the current upward trend in autos is welcome, in the long run, it will be Bharat Forge's foray into new areas that will provide support

  • Autos: Headwinds lose speed, pave the way for a broader recovery

    The upward trajectory may not, however, be a smooth one as seen by stuttering auto retail sales in October and November

  • Ashok Leyland: Playing the CV cycle right

    An interesting phenomenon is the spurt in demand for ICVs through the months of the pandemic and lockdown

  • Candidates find ways to fudge resume, but recruiters vigilant

    According to Q3 2016 trends report from global background verification firm First Advantage, the discrepancy trend was consistent in both employment and education component across zones in the second and third quarter of 2016

  • Battle coming for blockbuster cholesterol drugs

    The injectable drugs, known as PCSK9 inhibitors, could cost an estimated USD 7,000 to USD 12,000 per year for each person using the drug.

  • Tata Motors unveils Prima range in Bangladesh

    Tata Motors, India's largest automobile company with consolidated revenues of Rs 2,32,834 crore in 2013-14, has already launched the Prima range in various countries, including Kenya, Oman, the UAE and Qatar.

  • Will focus on completing under construction projects: HCC

    The company is also seeing a significant pick-up in commercial vehicle sales.

  • High excise duty to hurt auto industry harder: SIAM

    According to Vikram Kirloskar, the overall auto industry has been hurt even with a lower duty and so, with a high duty it is going to be even harder.

  • Auto demand dull; see rubber price rise over 2qtrs: JK Tyre

    The company is planning to expand its Chennai plant with an investment of around Rs 1,400 crore.

  • Aim to double sales by 2018: Bharat Forge

    The Pune-based forging company is increasing penetration in new sectors like aerospace with four new customers in the segment.

  • Eye 10-12% topline growth in FY14: Steel Strips Wheels

    Steel Strips Wheels is now focusing on catering to the commercial vehicle (CV) segment, says Mohan Joshi.

  • Expect stable NIMs, retail growth in FY14: IndusInd Bank

    In an interview to CNBC-TV18, Romesh Sobti, managing director and chief executive officer, IndusInd Bank, says the bank will continue to post stable margins as there are very strong signals for rate reductions.

  • Europe biz will not disappoint in FY14: Bharat Forge

    Auto components maker Bharat Forge is hopeful of sustaining margins in its Europe subsidiary on improved demand.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347