E-PaperCommercial Vehicle News
ZF Commercial Vehicle Control Systems India Q3 FY24 Results Live: Profit Rise by 18.04% YoY
ZF Commercial Vehicle Control Systems India Q3 FY24 Results Live: Revenue increased by 2.56% YoY & profit increased by 18.04% YoY
1 min read1 Feb 2024Tata Motors truck biz puts profitability first | Mint Primer | Mint
Tata Motors, India's leading commercial vehicle manufacturer, is intensifying efforts to regain lost market share by prioritizing profitability and strengthening its position in the pick-up truck segment. Despite facing tough competition from Mahindra and Mahindra, Tata Motors' reduced retail market discounts have improved realizations and helped regain market share in recent quarters. Witness the strategic transformation of Tata Motors as it aims to strike a balance between profitability and market dominance in the commercial vehicle industry.
6 Jul 2023ZF Commercial Vehicle Q4 results: Net profit climbs 78% YoY to ₹102 Cr, Board declares ₹13 per share dividend
ZF Commercial Vehicle Control Systems India is a large cap consumer discretionary company that recorded a market cap of ₹20,115.03 Cr during Thursday's closing session.
1 min read25 May 2023Double digit decline in commercial vehicle sales might impact the fortunes of JK Tyre in FY 21
Sales of commercial vehicles declined significantly by 28.75% to 717688 units in the last fiscal due to change in truck axle load normComponent manufacturers like JK Tyre is likely to report subdued earnings in the current financial year
1 min read19 Jun 2020Amid Covid-19 crisis, commercial vehicle sales crash 89% in March
Tata Motors reported domestic sales of 5,336 units in March, down 89.52% from 50,917 units during the year-ago periodM&M reported its domestic CV volumes for March at 2,325 units, down over 90% y-o-y
3 min read1 Apr 2020Slowing economy, overcapacity may crimp demand for trucks
MHCV and LCV volumes may shrink by 16-18% and 8-10% year-on-year, respectively, in FY20, says rating agency ICRACV sales in April-December had fallen 23% year-on-year to 550,865 units
3 min read2 Jan 2020Mahindra & Mahindra’s domestic vehicle sales up 1% YoY in Dec’19
The company saw its PV sales rising a 4% YoY on discount-driven demand during the monthThe overall on-year growth in December sales was driven by sales of utility vehicles and three-wheeler models
2 min read1 Jan 2020Scrappage policy in last lap, to focus on commercial vehicles
The proposed policy is seen as a bid by the govt to prop up demand for automobilesThe proposed policy will seek to take polluting commercial vehicles off the roads
4 min read29 Dec 2019Tata Motors expects turnaround in CV sales by second half of next year
The company aims to go slow in introducing BS-VI compliant CVs in the domestic marketIn CV segment, the company is "not actively" going to switch to BS-VI before April 1, 2020
1 min read17 Dec 2019Why a recovery in commercial vehicle sales is still proving elusive
M&HCV production in November dived 45.6% year-on-year, while that of overall CVs fell 16.4%Pause in capex and declining freight rates amid lower farm production impacted truck sales
2 min read12 Dec 2019Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared