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Eicher commercial vehicles sales up 11.8% in April

Last Updated: Friday, May 1, 2015, 19:11

In the domestic market, Eicher trucks and buses recorded sales of 3,501 units in the month as compared to 2,791 units in April 2014, up 25.6 per cent, the company said in a statement.

Volvo plans to invest up to Rs 700 cr in 5 years in India

Last Updated: Wednesday, April 22, 2015, 19:32

Swedish commercial vehicles major Volvo plans to invest around Rs 500-700 crore in India in next five years to expand business activities in the country.

Ashok Leyland March sales up 24% at 12,745 units

Last Updated: Wednesday, April 1, 2015, 12:53

Light commercial vehicles sales also went up 6.39 per cent and stood at 2,727 units as against 2,563 units in March last year.

Tata Motors launches Prima range in the UAE, Oman

Last Updated: Thursday, March 19, 2015, 20:27

"The launch of the Tata Prima in UAE and Oman, marks the introduction of a new range of next-generation commercial vehicles with a series of applications in both the countries," Tata Motors said in a statement.

Tata Motors sees CV sales growth of 10-15% in FY'16

Last Updated: Sunday, March 15, 2015, 12:16

Buoyed by recovery in the medium and heavy segments and an uptick in the economy, Tata Motors expects about 10-15 per cent growth in its commercial vehicles sales during next fiscal.

Ashok Leyland Feb sales up 36 % at 10,762 units

Last Updated: Monday, March 2, 2015, 14:16

Hinduja Group flagship company Ashok Leyland today reported a 36 per cent jump in total sales at 10,762 units for February, 2015, as against 7,915 units in the same month last year.

Daimler ties up with HP Gramin Bank for vehicle finance

Last Updated: Wednesday, February 11, 2015, 19:18

Daimler India Commercial Vehicles (DICV) has tied up with Himachal Pradesh Gramin Bank for financing of commercial vehicles.

Domestic car sales rise over 3% in January

Last Updated: Tuesday, February 10, 2015, 11:56

In a slow start to the year 2015, domestic passenger car sales rose 3.14 percent in January, which industry body SIAM described as "realistic levels" considering the current economic situation.

Tata Motors to use Rs 7,500 cr rights issue money to launch CVs

Last Updated: Thursday, January 29, 2015, 15:43

The company is looking to develop a product portfolio in the passenger vehicles segment until 2020, with the introduction of two or three new products each year.

Medium, heavy commercial vehicles to grow at 13-17% in FY'16

Last Updated: Sunday, January 25, 2015, 19:40

The medium and heavy commercial vehicle segment will see volume growth of 13-17 percent next fiscal and drive the CV sector, while LCVs will see only a marginal growth of up to 3 percent, says a report.

Need more policy clarity on electric vehicles: Tata Motors

Last Updated: Tuesday, January 20, 2015, 21:49

Tata Motors Tuesday said it is too early for it to firm up plans for commercial production of electric buses as more policy clarity on the segment is needed.

Volvo Eicher eyes 15% share in Indian heavy duty trucks market

Last Updated: Tuesday, January 20, 2015, 13:48

VE Commercial Vehicles, the 50:50 joint venture between Volvo Group and Eicher Motors, aims to have 15 percent domestic market share in the heavy duty trucks in the next three years.