Heavy Commercial Vehicle

November was not very good for the commercial vehicle space. However, Gopal Mahadevan, CFO Of Ashok Leyland says Ashok Leyland was the only medium and heavy commercial vehicle (M&HCV) manufacturer to grow during the month.

See Nifty 9000-9200 by Diwali; worst over for PSU banks: Baliga

Ambareesh Baliga, an Independent Market Expert, discussed market with CNBC-TV18's Latha Venkatesh & Sonia Shenoy and also shared his views on various stocks and sectors.

Expect 15% loan growth in H2FY16: Shriram Transport

Umesh Revankar, MD, Shriram Transport Finance says the company‘s gross non-performing assets (GNPA) stood at 4.18 percent due to rural stress caused by deficient rainfall in pockets of Maharasthra, Telagana, Karnataka and Uttar Pradesh.

HCV demand to pick up on infra focus: Shriram Transport

In an interview with CNBC-TV18‘s Sonia Shenoy and Anuj Singhal, Shriram Transport Finance‘s Umesh Revankar spoke about the trends in the commercial vehicle industry and whether he sees credit offtake picking up on increasing demand.

Tata Motors‘s 3-day block closure begins in Jamshedpur unit

A three-day block closure in Tata Motors Jamshedpur plant here has begun from today. The closure, which will be observed from August 29-31, was aimed to prevent unnecessary build up of inventory in the company as well as at dealers end, sources said.

Govt's cut in spending to impact HCV manufactures

At the backdrop of the worst year for the heavy commercial vehicle (HCV) segment in the recent past companies from Tata Motors to Ashok Leyland have had to cut operating capacity and in some cases bring down the number of working days in a week as well.

Auto cos end FY12 on a high note: Nirmal Bang

Nirmal Bang has come out with its report on 'automobile sales - March 2012'. According to the research firm, in the two-wheeler segment, Hero MotoCorp and Bajaj Auto reported sales growth of 2.4% & 9% YoY, respectively, while TVS Motor Company reported a decline of 4.5% YoY.

Force Motors to sell MAN Force JV stake for Euro 150M

Pune-based Force Motors is selling stake in the joint venture company MAN Force Trucks to its partner MAN Truck and Bus AG for Euro 150 million.

MNAL to grow dealer network, up LCV production in AP plant

Mahindra Navistar Automotives Limited (MNAL), a joint venture between Mahindra & Mahindra group and US-based Navistar, today said it would expand its domestic footprint over the next 3-4 years.