India’s first automated vehicle recycling unit went on stream in April 2018 according to industry sources. The unit spread over five acres at Greater Noida, UP, was set by Mahindra & Mahindra through a joint venture with a government owned company MSTC. Capable of recycling not just cars, but also old trucks, buses and consumer durables, the unit was set[Read More…]
With Goldstone, backed by BYD of China, succeeding to outpace established players in the CV industry to bag orders by quoting far less than others could, Adani Enterprises, claim industry sources, is looking to enter the ebus space with the help of a Taiwanese electric bus maker. Sources mention that an announcement to this effect will be made soon as[Read More…]
With freight rates not yet reflecting the steep rise in diesel prices, third-party insurance premium and road toll, truckers, claim industry sources, are staring at a bleak future. With their income dipping, many truckers, mention sources, have surrendered their vehicles to financiers. Not counting the time in the run-up to the Karnataka elections when fuel prices did not rise, the[Read More…]
Introduced in April 2018 in an endeavour to enhance its aftermarket capabilities and provide best in class service offerings, Eicher Promise, claim industry sources has received positive response. Sources mention that the scheme is reflective of the rising focus of CV manufacturers towards service and spares support as operators seek advantage of improvement infrastructure and the ability to have a[Read More…]
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