New Delhi: Vehicle registrations in the country – a proxy for retail sales – went up by a robust 27% year on year to 2.2 million units in April, led by two-wheelers on the back of stable fuel prices, positive outlook for the monsoons, Navratri demand, and the ongoing marriage season. Retail sales of passenger … Read more
Tata Motors will be hiking the prices of its commercial vehicles from April 1, 2024 to offset the residual impact of past input costs, the company said in a stock exchange intimation on Thursday. The prices will be hiked by 2 per cent, it said. “While the price increase will vary as per individual model … Read more
I’m sorry to report that America’s time being home to the best Fords has come to an end. It’s time to sell off your Mustangs, F-150s Raptors and Broncos and move to Europe where you can buy this, the Ford E-Transit Custom MS-RT – the most powerful Transit Custom Ford has ever created. The new … Read more
Chennai: Heavy commercial vehicle maker Ashok Leyland has drawn up network expansion plans in the North and Eastern parts of the country, a top company official has said. The Hinduja Group flagship company was also gearing up to launch its electric light commercial vehicles (LCVs) within the next few months. Ashok Leyland in the first … Read more
New Delhi: Maruti Suzuki India on Monday reported a 1.28 per cent decline in total sales at 1,37,551 units in December 2023. The company had posted total sales of 1,39,347 units in the same month a year ago. Total domestic sales, comprising passenger vehicles, commercial vehicles and third-party supplies, were at 1,10,667 units last month … Read more
Photo: AT&T The leading provider of mobile connectivity service in the United States AT&T has announced it will begin operating some Rivian Commercial Vans and R1 models in its fleet early next year as part of a pilot to analyze how Rivian’s EVs can improve fleet safety, cut costs, and reduce the telecommunication giant’s carbon … Read more
Mahindra & Mahindra on Wednesday announced its decision to raise prices for both passenger and commercial vehicle models, effective from January 2024. This strategic move comes in response to the mounting challenges posed by inflation and the surge in commodity prices impacting the automotive sector. The company, acknowledging the economic strain, has diligently attempted to … Read more
Sales of commercial vehicles, a barometer of economic activity, are expected to hit an all-time high in FY24, fetching record revenue for companies such as Tata Motors, Ashok Leyland and VE Commercial Vehicles. Pricier heavy-duty vehicles are driving demand amid record government spending on infrastructure and increased freight movement. FY24 sales may marginally surpass the … Read more