Commercial Vehicles News - Latest Updates & Headlines
Mahindra to acquire 58.96% stake in SML Isuzu for Rs 555 crore
Mumbai, April 27: Mahindra & Mahindra Ltd (M&M) entered into an agreement to acquire 58.96 per cent stake in SML Isuzu Ltd. (SML) at Rs 650 per share, which is an outlay of Rs 555 crore, according to a statement issued by the automobile major.
India to soon launch safety assessment rating for trucks and heavy vehicles: Nitin Gadkari
New Delhi, April 24: In a major step towards improving road safety, the Centre is planning to introduce a safety assessment rating system for trucks and commercial vehicles, Union Minister of Road Transport and Highways Nitin Gadkari said on Thursday.
Two wheelers and tractor sales show streghth, CVs and PV segment exhibit mixed trend
New Delhi, April 2: The Indian automobile industry witnessed mixed trends in March 2025, with strong performances in the two-wheeler (2W) and tractor segments, while commercial vehicles (CVs) and passenger vehicles (PVs) exhibited varied outcomes.
MLMML retains top spot as India's no.1 electric commercial vehicle manufacturer in FY25
Mumbai, April 2: Mahindra Last Mile Mobility Limited (MLMML) has once again solidified its dominance as India's leading electric commercial vehicle (EV) manufacturer, securing the top position for the fourth consecutive year in FY25.
Tata Motors registered total sales of 252,642 units in Q4 FY25
New Delhi, April 1: Tata Motors Limited sales in the domestic & international market for Q4 FY 2024-25 stood at 252,642 units, compared to 265,090 units during Q4 FY 2023-24, as per the data released by the company on Tuesday.
Auto sales in March to remain positive for 2-wheelers and PVs, CVs sales may decline: Nuvama Report
New Delhi, March 28: Vehicle sales growth in March 2025 is expected to remain positive for two-wheelers (2Ws) and passenger vehicles (PVs), while commercial vehicles (CVs) may see a marginal decline, according to a report by Nuvama.
Mahindra announces up to 3 pc price hike across SUV and CV range effective April 2025
Mumbai, March 21: Automobile manufacturer Mahindra & Mahindra on Friday announced a price increase of up to 3 per cent on its SUV and commercial vehicle (CV) range, effective from April 2025.
Tata Motors announces price hike for passenger and electric vehicles
Mumbai, March 18: Tata Motors, India's leading automobile manufacturer, has revealed plans to raise prices across its passenger vehicle range, including electric vehicles, effective April 2025.
Tata Motors to hike commercial vehicle prices by up to 2 pc from April
Mumbai, March 17: Tata Motors, India’s largest commercial vehicle manufacturer, on Monday announced a price increase of up to 2 per cent across its commercial vehicle range.
Tata Motors to hike commercial vehicle prices by up to 2% from April 2025
Mumbai, March 17: Tata Motors, India's largest commercial vehicle manufacturer, has announced a price increase of up to 2 per cent across its commercial vehicle lineup, effective April 1, 2025.
Sustained infra push, increased mining and replacement demand will boost CV growth by 3-5% in FY26: ICRA
New Delhi, March 10: The domestic commercial vehicle (CV) industry in India is poised for a 3-5 per cent year-on-year (YoY) growth in wholesale volumes in FY2026, as per the latest projections by ICRA.
India's commercial vehicle sales to speed up in FY2025-26: Report
New Delhi, March 10: The domestic commercial vehicle (CV) industry's wholesale volumes is set to witness a year-on-year growth of 3-5 per cent in FY26, demonstrating some recovery, a report showed on Monday.
Auto sector faces near-term consolidation, strong growth expected in tractors and SUVs: Report
Mumbai, March 5: The Indian automobile sector is expected to experience a phase of consolidation across all segments in the near term, however, long-term growth prospects remain strong for select players, according to a recent analysis by Axis Securities.
Truck rentals rebound in January with pickup in winter crops: Report
New Delhi, February 5: Truck rentals across key routes in India staged a smart recovery in January due to the arrival of winter fruits and vegetables, which has boosted the need for transportation and storage services, according to a bulletin from Shriram Mobility.
Auto sector gloom may continue in 3Q FY25, slowest growth of 11 quarters projected: Report
New Delhi, January 8: The auto sector's earnings growth in the third quarter of FY25 is projected to rise by only 3 per cent year-on-year (YoY), marking the slowest pace in the last 11 quarters, according to a report by Motilal Oswal Financial Services.