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SIAM Reports Positive Outlook for Indian Automobile Industry Based on July Sales Data

SIAM Reports Positive Outlook for Indian Automobile Industry Based on July Sales Data

SIAM has released the motor vehicles data on production, domestic sales and exports of passenger vehicles, two-wheelers and three-wheelers for July 2024. Monthly Performance: July 2024 Production: The total production of passenger vehicles, three-wheelers, two-wheelers, and quadricycles in July 2024 was 24,37,138 units. Domestic Sales: • Passenger Vehicles sales were 3,41,510 units in July 2024. • Three-wheeler sales were 59,073[Read More…]

by August 14, 2024 News
Eicher delivers 100 Units of Eicher Pro 2114XP CNG To Nuniwal Roadways

Eicher delivers 100 Units of Eicher Pro 2114XP CNG To Nuniwal Roadways

Eicher Trucks and Buses, a division of VE Commercial Vehicles Limited, received an order of 100 units of the Eicher Pro 2114XP CNG in the cascade segment from Nuniwal Roadways, Gurgaon. This move underscores Eicher Trucks and Buses’ dedication to partnering with customers to introduce a suite of alternate energy solutions, thereby reducing environmental impact in critical zones. In operations since 1996,[Read More…]

by August 13, 2024 News
Ashok Leyland Light Commercial Vehicles opens a new dealership in Assam

Ashok Leyland Light Commercial Vehicles opens a new dealership in Assam

Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer, inaugurated its dealership for Light Commercial Vehicles in Tinsukia. This is the 4th Light Commercial Vehicle Dealership in the state of Assam. The new channel partner Bharat Motors has a 3S (Sales, Service, and Spares) facility strategically located at Loonporia By Pass, PO- Panitola,[Read More…]

by August 7, 2024 News
Tata Motors Approves Demerger to Form Two Listed Entities

Tata Motors Approves Demerger to Form Two Listed Entities

In a significant move, Tata Motors Ltd. has announced the demerger of its Commercial Vehicle business into a separate listed company. The Board of Directors has approved a Composite Scheme of Arrangement involving TML, TML Commercial Vehicles Limited (TMLCV), and Tata Motors Passenger Vehicles Limited (TMPV). Under the scheme, Tata Motors Ltd. will transfer all assets, liabilities, and employees related[Read More…]

by August 2, 2024 News