Commercial Vehicles Archives - indiabusinessview

M&M to take over trucks from Mahindra Trucks and Buses

August 12, 2013August 20, 2014Editor

Mahindra and Mahindra (M&M) is planning to take over the trucks business of its subsidiary Mahindra Trucks & Buses. The business will be transferred to M&M through a scheme of arrangement, after being approved by M&M’s board .

India’s automobile sales for the month of July 2013

August 1, 2013November 24, 2014Editor

Bajaj Auto
Bajaj Auto’s sales disappointed in July too, as dull demand conditions and a strike at its Chakan plant appear to be hurting sales. Compared to June, its motorcycle sales have not declined by much but its CV-segment sales have fallen sharply. Domestic has done better compared to exports, over a year ago.
Bajaj Auto's July 2013 sales numbers

Ashok Leyland’s March 2011 quarter sales up 30%, stock rises 4%

May 19, 2011August 20, 2014Editor

Ashok Leyland, which makes trucks and buses, reported a 30% increase in sales to Rs 3,829 crore in the March 2011 quarter. The company sold 15% more vehicles during the quarter, compared to the March 2010 quarter.
The difference between volume and value sales could be explained either by a change in its product mix (selling higher value vehicles) or by an increase in prices.

Eicher Motors CV sales on a roll

February 6, 2011August 20, 2014Editor

Eicher Motors Ltd, maker of commercial vehicles and two-wheelers, reported a much better operating performance in the December quarter.

The company’s sales rose by 41% to Rs 1,235 crore, over the same period last year, on the back of higher vehicle sales and price hikes. The company had hiked prices of commercial vehicles in the September quarter by about 2-4% to compensate for higher raw material prices. On a sequential basis, sales rose by 13%.