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Truck sales News
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.
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.
Car sales rise by nearly 5% in May; marginal impact in June sale due to GST: SIAM
Fri, Jun 09, 2017
Domestic car sales grew by just 5% in May after it had posted a 15% growth in April. Two-wheeler sales however managed to recover posting a double-digit growth in sales during the month.
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.
Truck sales growth to slowdown, ICRA believes
Wed, Nov 23, 2016
The impact of tight liquidity is likely to cripple the road logistics sector in the near-term and would prompt the transport community to put their vehicle replacement or addition plans on the back burner, added the report.
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.
Truck, bus sales show signs of economic recovery
Tue, Aug 09, 2016
The domestic sales of buses had increased by massive 13.7% in 2015-16 compared to only a 0.17% growth in 2014-15.
Passenger car sales fall 5% in June
Mon, Jul 11, 2016
Society of Indian Automobile Manufacturers (SIAM), on Monday, said that passenger car sales in India fell to 1.54 lakh units in June 2016 as against 1.62 lakh in the same period last year.