Heavy Commercial Vehicles

The company is hoping to maintain its 30 percent market share this year and grow to about 35 percent going forward

Eicher unveils heavy-duty trucks range with an eye on infra, construction projects

MD & CEO of VECV Vinod Aggarwal has said in the domestic heavy commercial vehicle industry, tractors account for 20 percent of the market, tippers would be around 25 percent, and multi-axles another 20 percent

Ashok Leyland's Shenu Agarwal: Will direct investments more on alternative fuel vehicles

Shenu Agarwal, MD & CEO, says the company’s plan is to accelerate product development and roll them out within 2023. He says Ashok Leyland has been contemplating a foray into the sub-two-tonne segment for some time now.

Apollo Tyres setting up euro 475 mn greenfield plant in Hungary

Apollo Tyres is setting up Europe's largest greenfield plant in Hungary with an investment of 475 million euros to produce nearly 62 lakh tyres for passenger cars and heavy commercial vehicles per annum.

Ashok Leyland firms up overseas business

The city-based heavy commercial vehicles maker is setting up an assembly facility in Kenya, another one in Bangladesh through a partner and also expanding its UAE unit, CEO of Ashok Leyland Gopal Mahadevan said.

See 30-35% upside in Jamna Auto Industries: Sahil Kapoor

Sahil Kapoor of Edelweiss Broking is of the view that one may see 30-35 percent upside in Jamna Auto Industries.

Mahindra to invest Rs 700 cr to become full range CV player

Mahindra Truck and Bus Division (MTBD), a part of USD 16.9 billion Mahindra Group, plans to be a full range commercial vehicle player with focus on developing vehicles in the 9-16 tonnes range

Ind-Ra revises auto sales volume expectations for FY16

The rating agency further said it has revised motorcycles outlook to flat growth and 7-10 percent growth for scooters besides maintaining 13-17 percent growth for medium and heavy commercial vehicles (MHCVs).

July auto sales mixed; industry keenly watching monsoon

Most of the two-wheeler manufacturers registered a weak set of numbers except Bajaj Auto and Royal Enfield, which managed to grow well.

Ashok Leyland to launch 5 new products in FY13

India's second largest commercial vehicle maker Ashok Leyland will launch 5 new products in the domestic market in the current financial year, including the Avia range of vehicles.