"commercial-vehicles"

Tata Motors aims to surpass one million annual commercial vehicle sales in the coming years as it moves ahead with the acquisition of Italy's Iveco Group. The deal is expected to strengthen its technology, global presence and manufacturing capabilities while boosting long-term growth

Tata Motors has rolled out its 10 lakhth vehicle from its Lucknow plant, marking over three decades of operations in Uttar Pradesh. The milestone highlights the company’s focus on green mobility and its strong partnership with the state

Mahindra & Mahindra has announced a price hike of up to 2.5 per cent on its non-electric SUVs and commercial vehicles effective April 6, citing rising cost pressures. The average increase across its portfolio will be 1.6 per cent.

Delhi Police have busted an organised traffic fraud and extortion racket, arresting three persons, including the mastermind, for selling fake ‘no-entry’ stickers to commercial vehicle operators to bypass restrictions. Cash, documents and hundreds of fake stickers were seized

The expanded portfolio addresses cargo and passenger mobility needs while reinforcing India’s growing automobile sector footprint abroad

Reasons for the companies to announce price hikes include appreciation of US Dollar against the rupee impacting on input costs, tepid demand for entry-level vehicles, and number of features getting added in the cars

The company will increase prices depending on individual model and variant

Under the pilot project, the company along with IOCL will run the trucks on three routes for 18 months

RTO authorities has noticed a growing trend when white board vehicles are being used for commercial purposes, leading to significant financial losses to the government and legitimate commercial vehicle owners.

Accordingly, this growth will be achieved on a low base following an estimated de-growth of 5-7 percent in FY21.