Lcv

The average age of the CV fleet, which has surged to a record high of 10 years, is likely to fuel healthy replacement demand, albeit a few quarters away

Ashok Leyland sets up new LCV dealership in Madhya Pradesh

The new light commercial vehicle dealership -- Sunil MotoCorp -- is the 8th 3S (sales, service and spares) facility in Chhindwara, Madhya Pradesh and offers a range of LCV products including BADA DOST, DOST, PARTNER AND MiTR.

M&HCV sales to see upsurge; higher tonnage vehicles in demand: Ashok Leyland

Within the M&HCV growth momentum, Ashok Leyland is seeing strong demand growth from higher tonnage vehicles driven by better unit economics of these vehicles.

Ashok Leyland targets 25% market share in LCV market; to launch six models in FY25

When queried if the company foresees any impact on margins with more LCVs, Ashok Leyland Chairman Dheeraj Hinduja said that he expects the same type of margins in light trucks as the company sees in M&HCVs

Ashok Leyland leverages record M&HCV volumes to boost its FY24 topline

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

Some corrections in retail inventory in Nov, optimistic about Q4 demand: Ashok Leyland's Shenu Agarwal

Agarwal further said that the company sticks to the forecast of MHCV industry growth of 8-9% in FY24.

Ashok Leyland betting big on e-LCVs, garners 10,000 orders, says Executive Chairman Dheeraj Hinduja

To launch two e-LCVs in the fourth quarter of this fiscal; the firm is yet to find a strategic partner for its EV division.

Chart of the Day: Will CV volumes cross the FY19 peak this fiscal year?

Commercial vehicle sales volumes were robust in FY2023, but still lag the pre-COVID numbers. Will this year be better?

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.

Ashok Leyland mulling sub-2-tonne truck for last-mile delivery

India’s second-largest commercial vehicle-maker has said while it is present in only 60 percent of the light truck market, it is keen to tap the remaining 40 percent with new products

CV sales to grow 7-10% in FY24, operating margin to improve further: ICRA

The government spending on infrastructure will be a big volume driver, especially for the MHCV segment

Ashok Leyland to launch battery-run Dost range of LCVs this year

The mini-trucks are targeted at the last-mile logistics segment, where the company sees enormous demand.

Mahindra & Mahindra unveils new Bolero MaXX Pik-Up at Rs 7.68 lakh

The LCV has been introduced in the 2 to 3.5 tonne category priced from Rs 7.68 lakh to Rs 7.87 lakh (ex-showroom) pan-India.

What to expect from Renault Nissan's LCV range?

International reports suggest that the association has plans to achieve sales numbers in various countries.

Ashok Leyland lines up 8-10 new LCVs, to invest up to Rs 400cr

Hinduja Group flagship Ashok Leyland is gearing up for its solo journey in the light commercial vehicle (LCV) space after separation from partner Nissan with plans to introduce 8-10 products over the next 2-3 years that will entail an investment of up to Rs 400 crore.

Maruti to launch LCV Super Carry in India next month

Initially, the vehicle will be sold in three cities Ahmedabad, Kolkata and Ludhiana - priced at Rs 4.03 lakh, Rs 4.11 lakh and Rs 4.01 lakh respectively, MSI said in a statement.

Tata Motors expects 14-15% CV volume growth in FY17

With macros finally showing signs of recovery, one sector most sensitive to the economic cycle -- commercial vehicles -- appears headed for growth.

Maruti to launch LCV in H1FY17; eyes annual sales of 30k units

While Maruti confirmed to CNBC TV18 that the proposed LCV will be launched in the first half of the current fiscal, it declined any further details.

Midcaps to shine; auto and pharma key themes: Dimensions

Ajay Srivastava of Dimensions Capital says the pharma sector will give good returns from a 3-5 year perspective.

Maruti, Eicher Motors, Leyland, M&M Nov sales disappoint

Mahindra & Mahindra's sales volume climbed 21 percent to 41,590 vehicles in November compared to 34,292 vehicles in same month last year, which was lower than analysts' estimates.

Auto: CV`s rebound sharply; 2Ws & tractors remain subdued

Angel Broking has come out with its report on Automobile Sector. "CV‘s rebound sharply; 2Ws & tractors remain subdued", says the report.

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

Tata Motors Q1 profit seen down 42%, JLR may dent earnings

JLR's profit after tax may tank 57 percent to pound 393 million on weak operational performance and revenue is seen falling 3.6 percent to pound 5,160 million on lower volume growth year-on-year.

Ashok Leyland Q4 net seen at Rs 250cr, volume growth likely

Analysts are expecting a very strong quarter led by massive rebound in the industry by medium and heavy commercial vehicles (MHCV) volumes rising 40 percent Y-o-Y. During the quarter, total volume growth is likely to be 32 percent Y-o-Y at 34155 versus 26043 units.

Auto- CV recovery advances; 2W, tractors remain weak: Angel

Angel Broking has come out with its report on automobile sector. "Recovery in CVs advances; rural weakness continues to impact 2W and tractors", says the report.