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Ashok Leyland invests ₹25 cr to buy 50% in TVS Trucks & Buses

Ashok Leyland invests ₹25 cr to buy 50% in TVS Trucks & Buses

TVS Trucks is engaged in the automotive dealership business in India Ashok Leyland Ltd has announced that it has acquired nearly 50% of TVS Trucks and Buses Pvt Ltd for a sum of INR 25 crore. TVS Trucks is a company that deals in the automotive dealership business in India and was established on June 13, 2023. Ashok Leyland has[Read More…]

by February 24, 2024 News
BEST awards contract for 2.6k e-AC buses

BEST awards contract for 2.6k e-AC buses

The current fleet of BEST comprises approximately 3,000 buses, out of which more than 1,800 are wet-lease buses. Brihan Mumbai Electric Supply & Transport Undertaking (BEST) has awarded a contract to a consortium consisting of Olectra Greentech Limited and Evey Trans Private Limited. The contract is for the supply, operation, and maintenance of 2,400 electric buses over 12 years on[Read More…]

by February 23, 2024 News
Tractor Sales Hit a Rough Patch

Tractor Sales Hit a Rough Patch

RECORD DECLINE IN MAHARASHTRA, KARNATAKA, AND TELANGANA Tractor sales in India, which are considered a proxy for rural economic health, have seen a significant decline in key states in the west and south during the first nine months of the fiscal year. This has resulted in a 4% decrease in overall sales, making India the world’s largest market for the[Read More…]

by February 23, 2024 News
BharatBenz Inaugurates New Dealership in Indore

BharatBenz Inaugurates New Dealership in Indore

Daimler India Commercial Vehicles, the wholly-owned subsidiary of Daimler Truck AG has added a new 3S (Sales, Service and Spares) BharatBenz dealership to its network in Indore, Madhya Pradesh, partnering with PPS Trucking. This facility is the 17 BharatBenz sales and service location in the state; the other 16 locations are situated in Indore (Rau), Bhopal, Jabalpur, Bela, Katni, Shivpuri,[Read More…]

by February 23, 2024 News