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OEMs propose component incentives for effective utilisation of e-truck Subsidy under PM E-Drive

OEMs propose component incentives for effective utilisation of e-truck Subsidy under PM E-Drive

autherAmit Vijay M     calendar15 Nov 2024

Automotive industry stakeholders, including representatives from OEMs, urged the government to focus on three to four key areas while implementing the Rs 500 crore subsidy for electric trucks under the PM E-Drive initiative. 

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Tractor sales dip 1.64% in festive period amid sluggish infrastructure spending News
Tractor sales dip 1.64% in festive period amid sluggish infrastructure spending

autherYukta Mudgal calendar15 Nov 2024

Total vehicle registrations reached 42,88,248 units during the festive period, 11.76% higher from 38,37,040 units reco...

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Eicher Motors Q2FY25 earnings: Consol net profit grows 8% on year News
Eicher Motors Q2FY25 earnings: Consol net profit grows 8% on year

autherKiran Murali calendar13 Nov 2024

The share of profit from VE Commercial Vehicle joint venture rose to Rs 113.75 crore from Rs 101.62 crore in the year-...

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Ashok Leyland and Madhya Pradesh Gramin Bank partner to offer vehicle finance solutions News
Ashok Leyland and Madhya Pradesh Gramin Bank partner to offer vehicle finance solutions

autherAutocar Professional Bureau calendar12 Nov 2024

The partnership aims to foster growth in the commercial vehicle sector by delivering accessible, customer-centric fina...

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DICV appoints Michael Moebius as President and Chief Procurement & Supply Chain Officer News
DICV appoints Michael Moebius as President and Chief Procurement & Supply Chain Officer

autherAutocar Professional Bureau calendar11 Nov 2024

With his appointment, DICV aims to adapt to the increasingly dynamic demands of the commercial vehicle market.

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Tractor makers pin hopes on second half of the year to meet growth targets News
Tractor makers pin hopes on second half of the year to meet growth targets

autherKiran Murali calendar10 Nov 2024

Despite seeing virtually no growth in the first half, key players expect the second half to deliver volume growth of 1...

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Tata Motors navigates shifting sands in CV market with electric ACE expansion Feature
Tata Motors navigates shifting sands in CV market with electric ACE expansion

By Shahkar Abidi, Ketan Thakkar and Kiran Murali calendar08 Nov 2024

Tata Motors, once a leader in the small commercial vehicle market with its popular ACE model, now faces a tougher land...

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Ashok Leyland maintains market grip amid industry slowdown News
Ashok Leyland maintains market grip amid industry slowdown

By Shahkar Abidi & Kiran Murali calendar08 Nov 2024

Ashok Leyland's strong position in the bus segment, where it holds a dominant 34% market share, has been a significant...

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Ashok Leyland eyes EBITDA break-even for Switch Mobility India in FY25 News
Ashok Leyland eyes EBITDA break-even for Switch Mobility India in FY25

By Kiran Murali and Shahkar Abidi calendar08 Nov 2024

Switch Mobility has an orderbook of 2,000 buses, which it expects to supply in the next 12 months.

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Sonalika registers record monthly sales of 20,056 tractors in October News
Sonalika registers record monthly sales of 20,056 tractors in October

autherAutocar Professional Bureau calendar07 Nov 2024

Sonalika's retail tractor sales in October were recorded at 7,983 units, as per the FADA data.

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