The Volkswagen brand of heavy trucks may not be present in India, its group companies MAN and Scania are present. It may be too soon to predict if they will profit from the Group’s move to invest Euro 1.4 billion in new technologies by 2022, including electric trucks and buses. Volkswagen will spend money to develop electric drives, autonomous vehicles[Read More…]
VE Commercial Vehicles (VECV) will be investing Rs.400 crore to Rs.450 crore towards capacity expansion, claim industry sources. They cite that this is part of the company’s plan to invest a similar amount year-on-year towards development of new products; BSVI compliant products. Seeing a good rise in the 14- and 15-tonne segment due to buyers downgrading from 16-tonnes, the company[Read More…]
BKT has won the SQEP Silver Award (Supplier Quality Excellence Process Certification) from Caterpillar. The award reflects the high levels of quality and process control at BKT, a leading manufacturer of industrial and OTR tyres in India. For Caterpillar equipment, BKT produces Earthmax SR 47 and Earthmax SR 45 tyres. The Earthmax SR 47 24.00 R 35 tyre is fitted[Read More…]
Truckers went on a two-day strike in early October with a demand to include diesel fuel in GST. Protesting against the disruptive policies under GST and the inclusion of diesel in GST, truckers, claim industry sources, have not been happy with the government’s decision to review fuel prices every day. Sources draw attention to truckers complaining that the number of[Read More…]
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