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Commercial vehicle sales growth outperform car sales in festive month of October

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

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Automobile components industry to grow by 9-11%; raw material prices play spoilsport

Automobile components industry to grow by 9-11%; raw material prices play spoilsport

Sat, Sep 09, 2017

The rise in commodity prices still put pressure on automobile components in the country despite the growth.

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Tata Motors' comeback in MHCV segment helps lift CV sales in August

Tata Motors' comeback in MHCV segment helps lift CV sales in August

Mon, Sep 04, 2017

Tata Motors' recovery mainly in the MHCV segment has helped push the entire CV segment due to it being the leading player.

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Will GST help drive truck demand in India?

Will GST help drive truck demand in India?

Fri, Aug 18, 2017

GST has reduced the time for trucks to deliver cargo and as a result has increased the efficiency of fleets and could increase the revenues of fleets significantly.

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Car sales rise by 15% in post-GST month of July: SIAM

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.

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Strong demand for Tiago, Tigor, Hexa pushes Tata Motors car sales up by 10% in July

Strong demand for Tiago, Tigor, Hexa pushes Tata Motors car sales up by 10% in July

Tue, Aug 01, 2017

Tata Motors saw a good growth in its domestic passenger vehicle sales during July. It also saw a recovery in sales of its MHCV segment during the month.

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Ashok Leyland expected to hike prices by 1% in August

Ashok Leyland expected to hike prices by 1% in August

Tue, Jul 25, 2017

Ashok Leyland reported a weak quarter of results in the June ended quarter due to the impact of BS-IV norm and the implementation of the GST norm.

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MHCV revival in demand to be delayed as govt leaves out truck transporters out of GST registration

MHCV revival in demand to be delayed as govt leaves out truck transporters out of GST registration

Mon, Jun 26, 2017

The government has given truck transporters a relief from the GST registration which would lead to delay in consolidation in the industry and would also delay MHCV demand.

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Mahindra posts 3% rise in car sales in May; good double-digit growth in CV sales

Mahindra posts 3% rise in car sales in May; good double-digit growth in CV sales

Thu, Jun 01, 2017

Mahindra's total domestic sales in May saw a large 11% growth which was mainly on the back of a good growth in light commercial vehicle sales.

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MHCV sales plummets by 55% in April; poor sales to continue for next 6 months

MHCV sales plummets by 55% in April; poor sales to continue for next 6 months

Tue, May 09, 2017

MHCV sales plummeted to 10,602 units in April 2017 from 23,515 units sold in the same month last year.

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Tata Motors posts 23% growth in passenger vehicles sales; CV sales affected due to BS-III ban

Tata Motors posts 23% growth in passenger vehicles sales; CV sales affected due to BS-III ban

Mon, May 01, 2017

Tata Motors said that the commercial vehicles (CV) were affected by the Supreme Court judgement announced on March 29

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Here's how Ashok Leyland is one step ahead of competitors in the BS-IV race

Here's how Ashok Leyland is one step ahead of competitors in the BS-IV race

Sat, Apr 29, 2017

Ashok Leyland expects the these three segments to contribute 50% of its revenues, up from 30% currently

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Ambiguity over BS-IV norms implementation may hurt pre-sales of automobile firms

Ambiguity over BS-IV norms implementation may hurt pre-sales of automobile firms

Wed, Feb 22, 2017

Despite the government giving a year for automobile companies to follow the BS-IV emission norms, many continue to ask for an extension in the deadline.

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Govt vehicle scrapping scheme can boost CV sales by 65%: Report

Govt vehicle scrapping scheme can boost CV sales by 65%: Report

Wed, Feb 22, 2017

The Voluntary-Vehicle Modernisation Programme (V-VMP) scheme also know old vehicle scrapping scheme that the Ministry of Road Transport and Highways is working on that incentivises buyers of new commercial vehicles (CV) is expected to increase CV sales volumes by a cumulative 65% (over sales in F

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MHCV sales to post steep decline in sales in FY18: Report

MHCV sales to post steep decline in sales in FY18: Report

Mon, Feb 06, 2017

Despite the Budget's focus on the rural sector MHCV sales is expected to see a substantial decline in CV sales in FY18.

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Mahindra tractor, pick-up sales buck demonetisation impact

Mahindra tractor, pick-up sales buck demonetisation impact

Wed, Jan 04, 2017

Tractor sales grew by a large 9%, while pick-ups grew by 14% year-on-year despite demonetisation

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This is how GST is impacting commercial vehicle sales

This is how GST is impacting commercial vehicle sales

Mon, Oct 10, 2016

MHCV sales declined by 14% in Q2 FY17 from a huge 43% growth in the corresponding quarter last year, according to data from Society of Indian Automobile Manufacturers (SIAM).

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Automobile sector finds growth lane but can it change gears?

Automobile sector finds growth lane but can it change gears?

Sun, Oct 09, 2016

It looks like automobile sector in India is finally taking the much needed corner towards higher sales. 

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Passenger vehicle sales grows over 6% in Q1; CV rises 13%: SIAM

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.

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