Expect commercial vehicle volumes to witness 4-7 pc dip this fiscal: ICRA

Expect commercial vehicle volumes to witness 4-7 pc dip this fiscal: ICRA

Hit by a high base of last year and weakness in demand, the domestic commercial vehicle industry is expected to witness a dip of 4-7 per cent in wholesale volumes in the current fiscal as compared to FY23, rating agency Icra said on Friday. The medium and heavy commercial vehicle (trucks) volumes are expected to … Read more