Other News

Slowing SCV segment

Slowing SCV segment

Story and Photo by Deven Lad The erstwhile bankable Small Commercial Vehicles segment witnesses a consumption-led slowdown in H1 FY 2019. Higher fuel costs, lower truck rentals, weak freight availability, disruptive tech and stiffer competition have made it harder for small truck operators to stay in business. Take the story of 47-year-old Dinesh Kamble. Operating in the small truck business[Read More…]

by January 7, 2020 Domestic, smart transport, SMART TRANSPORT
Volvo Group transfer UD Truck business to Isuzu Motors

Volvo Group transfer UD Truck business to Isuzu Motors

Volvo Group and Isuzu Motors form a strategic alliance within commercial vehicles by signing a non-binding Memorandum of Understanding (MoU). The partnership entails transferring the ownership of the complete UD Trucks business globally from the Volvo Group to Isuzu Motors with a motive of accelerating its growth by leveraging greater volumes and complementary capabilities. With an intend to capture opportunities[Read More…]

by December 23, 2019 News
Mahindra announces top management succession plans

Mahindra announces top management succession plans

Press Release  Over the next fifteen months, a number of key leaders at Mahindra & Mahindra Ltd. will be retiring. In light of that, and in pursuance of the highest standards of corporate governance, over the past one year the Governance, Nomination & Remuneration Committee (GNRC) of the Board has completed a structured and rigorous review of top management succession, which has now been ratified by[Read More…]

by December 20, 2019 News
Iveco Bus at Busworld Europa 2019

Iveco Bus at Busworld Europa 2019

Highlighting sustainability and connectivity, Iveco Bus displayed a wide range of products at Busworld. These included a new minibus Daily MY2019 range in natural power and tourism guise. The Crossway Natural Power Range the company showcased, could be had in low entry and normal bus versions. The 12.96 m CNG Euro6 bus the company presented, can seat 61 (15 standing[Read More…]

by December 17, 2019 SHOWTIME