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Commercial Vehicle sales News
Commercial Vehicle sales
Commercial vehicle sales growth outperform car sales in festive month of October
Fri, Nov 03, 2017
The growth is driven by pent-up demand post GST, healthy replacement-led demand especially in Tractor Trailer segment owing to stricter implementation of CMVR regulations and pick-up in construction
Car sales rise by 15% in post-GST month of July: SIAM
Fri, Aug 11, 2017
Car sales rose by 15% on good growth in the UV segment as price cuts due to implementation of GST fuelled growth.
GST gives good growth momentum to car sales in July
Tue, Aug 01, 2017
Automobile sales in July saw a huge surge in sales due to the implementation of GST and higher wholesale sales due to stocking at dealership level.
BSIII ban: Commercial vehicle makers are set to suffer more than two-wheelers
Fri, Mar 31, 2017
Automobile industry experts have said the Supreme Court's recent decision to ban BS III vehicles has resulted in commercial vehicle and two-wheeler makers to offer heavy discounts on their vehicles.
Tata Motors' February sales rise 2% to 47,573 units
Wed, Mar 01, 2017
"Passenger vehicles growth was due to continued strong demand for the Tata Tiago. The company has also received an encouraging response to its recently launched lifestyle UV, Tata Hexa, " said Tata Motors.
M&M's November sales decline 22%
Thu, Dec 01, 2016
Pravin Shah, President & Cheif Executive (Automotive), M&M said, “While we expected an improved auto industry performance on the back of the festive season and other positive parameters such as rural demand and interest rates softening, the sudden announcement of demonetisation has brought in an immediate disruption and uncertainty.”
India's commercial vehicle sales likely to grow at low double-digit in FY17: Moody's
Tue, Nov 01, 2016
Sales of commercial vehicle (CV) in India is likely to grow at a low double-digit pace in the current fiscal, Moody's Investors Service said in its latest report.
Tata Motors sales up 8% to 48,648 units in September
Sun, Oct 02, 2016
Tata Motors on Saturday reported an 8% increase in total sales at 48,648 units in September. The company sold 45,215 units in the same month last year.
Domestic car sales rise 9.62% in July
Wed, Aug 10, 2016
Hyundai Motor India Ltd (HMIL) also saw its car sales increase by 12.15 % to 33,197 in July as against 29,599 units in the same month last year. The company saw its UV sales rise 15.93 to 8,004 units during the month from 6,904 units in July last year.
A large rise in economic growth around the corner with increase in CV sales?
Mon, Jul 11, 2016
A sharp revival in CV sales is often followed by a swift turnaround in the manufacturing sales.
Passenger vehicle sales grows over 6% in Q1; CV rises 13%: SIAM
Mon, Jul 11, 2016
This growth in sales was on the back of sales of utility vehicles (UV) which posted a 38.04% growth.
Fitch keeps 'stable' outlook for auto sector on lower costs
Sun, Jun 26, 2016
SIAM, in April, had revised downwards its growth forecast for passenger vehicle sales to 6-8% for the current fiscal.