Post Tagged with: "CV"

CV makers to invest on positive outlook

Commercial Vehicle manufacturers are said to be chalking out cumulative investments in the region of Rs.5,000 crores over the next two years on the basis of a positive outlook. Apart from the migration of products to meet BSVI emission norms, the investments are expected to be directed towards the development of new products that will address tonnage shift and changing[Read More…]

by July 27, 2018 News

Positive response to Eicher Promise

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…]

by June 25, 2018 News

Higher tonnage, 41-tonne trucks next

Higher tonnage, 41-tonne rigid trucks would mark the next shift, claim industry sources. Drawing attention to the innovative 41-tonne 10×2 rigid truck displayed by Ashok Leyland recently at Chennai, industry sources claim that other CV majors are also preparing to launch 10×2 rigid trucks in the 41-tonne category. The next, most important battlefield according to industry sources, the 41-tonne rigid[Read More…]

by June 25, 2018 News

CV industry to get big boost in FY2018-19?

With CV major Ashok Leyland announcing a 28 per cent jump in profits to Rs.1563 crores in FY2017-18, the backdrop of higher spending on infrastructure and demand in the replacement market is expected to provide the CV industry with a big boost in FY2018-19, claim industry sources. They mention that the industry will clock a growth of much higher than[Read More…]

by June 25, 2018 News