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Ashok Leyland ties up with Mahindra First Choice Wheels Ltd

Ashok Leyland ties up with Mahindra First Choice Wheels Ltd

Ashok Leyland signed an MOU with Mahindra First Choice Wheels Ltd (MFCWL) to launch an exclusive hybrid ecosystem for its used commercial vehicle business. The digital platform will facilitate exchange and proper disposal and purchase of old commercial vehicles. With the entry into this segment, Ashok Leyland aims to streamline the used vehicle market by leveraging its digital ecosystem, its[Read More…]

by April 18, 2022 News
Building The Scrappage Ecosystem

Building The Scrappage Ecosystem

The industry is laying the foundation for a robust scrappage ecosystem in line with the Voluntary Vehicle Fleet Modernisation program. Sumesh Soman visits the Maruti Suzuki Toyotsu ELV and scrappage unit to assess the on-ground capabilities. The ‘Voluntary Vehicle Fleet Modernisation’ program notified by the Government of India (GoI) is expected to generate an investment of over Rs.10,000 crore. Expected[Read More…]

by April 16, 2022 Events, News
Tabled For Long-Term Growth

Tabled For Long-Term Growth

The Union Budget 2022-23 surprised a section with its focus on long-term growth. Ashish Bhatia looks at the allocations and implications for the commercial vehicles segment. It’s not easy to please all! Who better than Finance Minister (FM) Nirmala Sitharaman to vouch for it as she knows what it feels like to walk on thin ice. Not an exclusive sense[Read More…]

by April 16, 2022 Cover Stories, News
Solis Yanmar achieves a milestone of 13,000th tractor roll out

Solis Yanmar achieves a milestone of 13,000th tractor roll out

Solis Yanmar has achieved a milestone of the 13,000th tractor roll out in FY’22, just two years after its debut in the Indian market. The company claims to have been at the leading position in seven European countries. Further strengthening its position as a ‘Global 4WD expert’ in the tractor industry, Solis Yanmar takes pride in the following: Introduced globally[Read More…]

by April 11, 2022 News