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85% industry revenue comes from sale of components to domestic vehicle OEMs

In the domestic market, passenger vehicle (PV) OEMs contributed more than 46% to the component industry's revenue, followed by two-wheeler manufacturers at 19%, and Medium and Heavy Commercial Vehicle (M&HCV) at 7%.Read more

Tata Motors re-enters Thai Market with Inchcape as Commercial Vehicle Distributor

The company had ceased the sale of its pickup trucks and small commercial vehicles in Thailand in 2020 when it wound up its 100% subsidiary.Read more

Eicher launches non-stop series: Revamped heavy-duty trucks for construction, Infra

These long-haulage trucks are tailored for transporting various loads such as cement, tanker, steel, bulker, and market goodsRead more

Volvo Group sales surged by 54% in the previous fiscal year

Volvo Group’s Sofia Frandberg, expressed strong confidence in India's potential for significant growth over the next decade.Read more

ICRA Reports: Regulatory changes may raise commercial vehicle prices by 10-12%

ICRA emphasized that the commercial vehicle (CV) sector within the Indian automotive industry is of particular concern, as it contributes significantly to vehicular emissions in the country.Read more

Mahindra Logistics, Flipkart collaborate for enhanced e-commerce efficiency

Mahindra Logistics, one of India's largest integrated third-party logistics service providers, will primarily facilitate Flipkart's e-commerce parcel movement.Read more

Eicher, Amazon collaborate to scale electric truck deployment for deliveries in India

Eicher and Amazon aim to introduce up to 1,000 electric trucks from eight to 24 feet deck lengths into Amazon’s delivery operations over five years.Read more

VE Commercial Vehicles inks MoU with IITI for tech development, upskilling

The partnership will lead to exchange of up to 100 students and employees during the next five years and focus on upskilling & future technology readiness.Read more

Daimler India Commercial Vehicles shows strong revenue and sales in 2022

Daimler India Commercial Vehicles achieved sales volume growth of 25 per cent in 2022 with total 29,470 vehicle sales. 200,000 cumulative vehicles produced in Oragadam plant, with highest-ever vehicle exports, parts sales and domestic sales in the year. Read more

Ashok Leyland sets up an All-Women production line at Hosur

Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer, launched a new - “All Women production Line” with 100 per cent women employees at the Hosur plant.Read more

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