Update the CV: What commercial vehicle makers are doing to attract the reluctant millennial driver

Update the CV: What commercial vehicle makers are doing to attract the reluctant millennial driver

Trucks are the automobile versions of long-distance runners. They carry a lone driver, tonnes of goods, solitude, a few songs and, sometimes, a colourful slogan near the tail lamp, “Has mat pagli pyar ho jayega (Don’t smile girl, I will fall in love with you).” But people seldom fell in love with a plain ol’ … Read more

Chennai: Ashok Leyland Bags Order For 500 Electric Buses For Public Transport

Chennai: Ashok Leyland Bags Order For 500 Electric Buses For Public Transport

Last Updated:October 24, 2024, 13:12 IST Each bus can accommodate 37 seated passengers and an additional 24 standing passengers, with a range exceeding 200 kilometers on a single charge. Out of the total, 400 buses will be non-AC, while 100 will feature air conditioning, ensuring comfort for passengers. (Photo: DT Next) Commercial vehicle maker Ashok … Read more

Ashok Leyland says commercial vehicle sales drop 10pc in September

Ashok Leyland says commercial vehicle sales drop 10pc in September

Mumbai: Commercial vehicle maker Ashok Leyland on Tuesday reported a 10 per cent year-on-year drop in its sales including exports at 17,233 units in September. The company’s total vehicle sales in September 2023 stood at 19,202 units, according to a statement. Sales of medium and heavy commercial vehicles (M&HCVs), including exports, during the previous month … Read more

M&M looks to drive into South East Asia market, ramp up in South Africa

M&M looks to drive into South East Asia market, ramp up in South Africa

Mahindra & Mahindra, which leads India’s pick-up truck market with a 51% share, is looking to enter Southeast Asia and step up presence in South Africa with its latest Veero range. “We have been selling the Scorpio pick-ups in several markets including mature markets like South Africa. The Veero will give us access to many … Read more

Ashok Leyland sees high enquiry from fleet operators amid consolidation

Ashok Leyland sees high enquiry from fleet operators amid consolidation

Commercial vehicle maker Ashok Leyland has been seeing a high number of enquiries from fleet operators amid the segment going through a consolidation phase, the company has said. The company is also expecting the medium and heavy commercial vehicle (MHCV) segment to grow in a single-digit this fiscal as against earlier estimates of a flat … Read more

Ashok Leyland bags single largest order of 2,104 fully built buses from Maharashtra government

Ashok Leyland bags single largest order of 2,104 fully built buses from Maharashtra government

Ashok Leyland has announced that the company has secured the single largest fully built bus order from the Maharashtra State Road Transport Corporation (MSRTC) for 2,104 units of Viking passenger buses.According to a press release, the total consideration for this order is approximately Rs 981.45 Crores. The execution period for this contract spans from August … Read more

Ashok Leyland MSTC: Ashok Leyland wins order worth Rs 981.45 crore from Maharashtra State Transport Corp

Ashok Leyland MSTC: Ashok Leyland wins order worth Rs 981.45 crore from Maharashtra State Transport Corp

Mumbai: Ashok Leyland, the Hinduja group flagship has bagged an order for 2104 Viking passenger buses worth Rs981.45 crore from the Maharashtra State Road Transport Corporation (MSRTC), the company said in a statement. The company will execute the order—the single largest one from the state corporation for supply of BSVI OBD II (on board diagnostic) … Read more

Commercial vehicle sales surpass expectations, indicating strong economic activity

Commercial vehicle sales surpass expectations, indicating strong economic activity

Sales of commercial vehicles – a barometer of economic activity – surpassed expectations last quarter driven by strong replacement demand and continued government spending on infrastructure. As per industry estimates, more than 234,000 trucks and buses were sold in the local market in the three months ended June, a 4.5% rise from 224,000 vehicles sold … Read more

Car sales lose pace in June, SUVs stay in front

Car sales lose pace in June, SUVs stay in front

Passenger vehicle sales in India stayed in the slow lane for the third straight month in June mainly due to a high base and easing of post-pandemic pent-up demand. June sales rose 3.7% from a year earlier but fell marginally from May. As per industry estimates, 340,784 cars, sedans and utility vehicles were sold last … Read more

Auto sector sees resilient two-wheeler growth amidst mixed performance in PVs and CVs for June 2024

Auto sector sees resilient two-wheeler growth amidst mixed performance in PVs and CVs for June 2024

Mumbai: Wholesale volumes across various segments of the automobile industry in June 2024 are anticipated to reflect a subdued trend, primarily attributed to the absence of wedding dates, according to Anand Rathi report. Analysts project a mixed performance with two-wheeler (2W) volumes showing resilience, while passenger vehicles (PVs) and commercial vehicles (CVs) are expected to … Read more