Indian truck market showed 20% growth in Feb 2016. VECV Eicher registered impressive growth of 47.% percent and AMW registered around 98% de growth in Feb 2016.
Though industrial outputs rose by 2.6% in the month of January, the hopes of rate cuts by the Reserve Bank were crushed by the a 5.37% rise in retail inflation. This proves to be detrimental and cause for worry as… Continue Reading
No Distance is too large anymore, and no object is unobtainable, no matter how far we live or what objects we want delivered to us. This may have been possible only with the advent of commercial vehicles.
The world Commercial Vehicle market is expected to witness radical changes with Andreas Renschler (56 years)-an Ex Daimler top executive joining VW as the head of their new commercial vehicle division. It is Volkswagen Strategy to beat Daimler. The 25-year… Continue Reading
Indian Automobile Industry shown around 7% growth in December 2014 compare to December 2013. It produced 1,850,616 units compare to 1,741,237 units same month of the last year. In production it registered 6.3% growth. In Indian market Total Automobile sales… Continue Reading
December 2014 was good month for Tata Motors, specially for its Medium & Heavy duty Commercial Vehicle Sales. In December 2014, Tata Motors’ total sales (including exports & Domestic vehicle sales) of commercial (CV) and passenger vehicles (PV) (Cars &… Continue Reading
Volkswagen and Toyota, are two major automotive groups in the world. Volkswagen is known as one of the most aggressive of all groups holding primary positions in the premium brand car segment. Toyota Group replaced General Motors by thrusting it… Continue Reading
Mr Albert Kirchmann will be appointed Chairman Daimler Trucks Asia from Effective April 1, 2015, He will play a key role in Daimler Truck Asia as a Chairman. He also play advisory role in Trucks Asia Executive Committee. To make… Continue Reading
Indian passenger vehicle registered a minor growth of 5% in November 214. Total 212,438 passenger vehicle sold in November 2014 compare to 201,520 passenger vehicles (Cars, SUV/MUV & Van) in November 2013. Maruti Suzuki, Hyundai, Mahindra & Mahindra, Honda and… Continue Reading
There are some positive trend has been noticed in past few months. Especially oil price has come down more than couple of time. Also some positive outlook of GDP growth which effect on almost every sectors. There are no major… Continue Reading