Commercial Vehicle
Tata 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 2023Amid 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 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 2019Commercial vehicles may not see significant buying before BS 6 norms kick in
The slowdown in the domestic commercial vehicle industry, has continued in the current fiscalVolumes of the domestic commercial vehicle industry saw a fall of 19% year-on-year during April-August
1 min read7 Oct 2019Slowdown pushes commercial vehicle manufacturers in a trench
Truck rentals fell 15-17% in the past 10 months, higher than the 12-13% fall in the 2008-09 crisisNormally, the M&HCV downcycle lasts 10-11 quarters, and this is only in the third quarter
2 min read9 Sep 2019Even heavy discounts are failing to push commercial vehicle sales
Truck sales, a leading indicator of economic growth, are the worst-hit across automotive categoriesWhile discounts averaged 10% on retail prices earlier, they have now increased to 15-20% or, up to ₹8 lakh, in Kerala
3 min read16 Aug 2019GST impact: Tata Motors cuts commercial vehicle prices by up to 8.2%
Tata Motors on Thursday said it has cut prices of its commercial vehicles by up to 8.2% to pass on the Goods and Service Tax (GST) benefit to customers
1 min read6 Jul 2017Wait for it…
Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.