Announcing that there will be multiple headwinds in the near term for heavy truck sector, analysts at Kotak Institutional Equities, in their report on ‘Automobiles’, have claimed that the domestic truck industry is likely to grow in low single digit during FY2018-20. They attribute this to low road freight demand, improvement in truck fleet utilisation led by market share gains[Read More…]
Eicher Trucks & Buses, part of VE Commercial Vehicles Limited, has announced the introduction of AMT (Automated Manual Transmission) technology in its CVs. The technology has been adapted from Wabco’s OptiDrive technology, and saw the involement of Wabco in the development of AMTs. Introduced in 20.15BS4 HD bus, Pro 3016 and Pro Skyline Midi as of current, the AMT technology[Read More…]
Daimler India Commercial Vehicles (DICV) reiterated that it advocates AC systems in truck cabins be made mandatory. DICV sources are of the opinion that this will help to boost traffic safety, and prove to be far more beneficial towards the cause over a simple, blower-based system proposed by other truck makers. Erich Nesselhauf, MD and CEO, DICV, expressed that air-conditioned[Read More…]
US-based H.B. Fuller has established an office at Pune, and a R&D centre at Shirwal, roughly 60 kms south of Pune. Signalling the completion of first phase of USD 20 million investment in India, the company has been catering to its customers in India since 2011. The company comissioned a 24,000 MT per annum facility in 2011 at Shirwal. While[Read More…]
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