In the CV market, trucks are replaced by big fleet operators in five to six years
commercial vehicles
Posted inSectors
Grinntech rallies $2 million from four investors
The fund raising comes at a time when the company is foraying into manufacturing
Posted inSectors
Commercial vehicle makers may incur Rs 6000 cr net loss this fiscal: Crisil
A quick recovery in sales volume is critical as a slower rebound can elongate the pain for manufacturers
Posted inSectors
Fitch sees India’s auto demand plunging over 20% in FY21
The financial fallout from the pandemic has exacerbated the weak consumer sentiment
Posted inProducts & suppliers
Force Motors undertakes enterprise-wide cost optimisation
Revenue from operations also came down to Rs 185.4 crore in Q1
Posted inSectors
Tata Motors, Ashok Leyland pitch for incentive-based scrappage policy
A vehicle scrappage policy is in the works for some time now
Posted inSectors
Some segments of the auto industry show positive growth in production: SIAM
Overall automotive sales down by almost 16%
Posted inSectors
PMI Electro Mobility Solutions to set up electric bus unit in Pune
Currently PEMSPL has a manufacturing plant at Daruhera in Haryana for conventional buses
Posted inSectors
Mahindra Electric partners with Dassault Systemes over e-mobility
Mahindra Electric will use Dassault Systemes’ Simulia range of applications for product development of electric vehicles
Posted inSectors
Piaggio Commercial inaugurates dealership in Chennai
With this new dealership inauguration Piaggio now has four dealerships in Chennai