SML Mahindra, one of India’s leading commercial vehicle manufacturers, has signed an MoU with UCO Bank, a leading public sector bank, to offer customised and affordable retail financing solutions to customers across the country. Milan Dubey, Deputy General Manager & Zonal Head, UCO Bank, and Prashant Kumar, Chief General Manager – Marketing, SML Mahindra (second […]
Tata Motors has announced a price increase of up to 2.5% across its commercial vehicle range, effective July 1, 2026. The company, part of the $180 billion Tata Group and India’s largest manufacturer of utility vehicles, pick-ups, trucks, and buses, said the price hike is being undertaken to partially offset the impact of rising commodity […]
By Marshall Martin, Program Manager, and Nachiket Devasthale, Senior Consultant – Mobility Growth Advisory, Frost & Sullivan India’s commercial vehicle (CV) industry is evolving as fleet operators increasingly prioritize utilization, fuel efficiency, uptime, and lifecycle economics over upfront acquisition cost. Light commercial vehicles (LCVs) continue to be one of the fastest-growing segments in India’s commercial […]
Daimler Truck has launched a new global brand, Daimler Truck Defence, bringing together its worldwide defence activities under one unified identity as the company positions defence as a key pillar of its growth strategy. The portfolio currently includes vehicles from Mercedes-Benz Trucks and will be progressively expanded to incorporate solutions from other Daimler Truck vehicle […]
Road freight remains the backbone of modern economies, with trucks continuing to dominate regional and medium-distance transport. Growing urbanization, e-commerce and global supply chains are increasing demand for transport services, making the commercial vehicle sector a key contributor to economic resilience and sustainability. The industry is being reshaped by four major trends: decarbonization, digitalization, automation […]
At IAA Transportation 2026 in September, Mercedes Benz Trucks will present key next steps in the transformation of road freight transport toward alternative drivetrains. The focus is on the new eActros Lowliner, with which the manufacturer is strategically expanding its battery-electric portfolio for high-volume applications. As a strong signal to both the industry and the […]
The IAA Media Summit marks a successful kickoff for IAA TRANSPORTATION – The commercial vehicle industry is driving transformation with intensive efforts and major investments – Lack of charging and hydrogen infrastructure remains a key bottleneck slowing the rollout of climate-friendly commercial vehicles. Held on June 8 and 9 in Frankfurt am Main, the IAA […]
$1.5 trillion in 2026; $2.18 trillion by 2031, growing at nearly 8% a year. Mordor Intelligence’s latest research makes it clear — green logistics has arrived, and it is not slowing down. For much of the last decade, green logistics sat comfortably in the background — acknowledged but rarely acted upon. Today, it is a […]
India’s electric commercial vehicle segment continued its upward trajectory in May 2026, with total retail registrations climbing to 2,400 units — a 119.4% year-on-year surge from 1,094 units in May 2025 and a 3.40% sequential rise over April 2026’s 2,321 units. Perhaps more telling is the market share story: EV penetration in the commercial vehicle […]
India’s automotive industry had a strong May 2026, with several manufacturers recording their highest-ever monthly sales across passenger vehicles, two-wheelers, and commercial vehicles. Electric vehicle sales stood out as a key highlight, with multiple players reporting sharp growth — reflecting the accelerating shift toward cleaner mobility. While the overall demand environment remained healthy, rising input […]
Green Drive Mobility, one of India’s leading multi-stack electric vehicle fleet operators, in partnership with Montra Electric and TVS Vehicle Mobility Solution, has deployed 100 EVIATOR 350 electric refrigerated trucks across India to support More Retail’s quick commerce operations. The deployment marks a notable development in the adoption of electric vehicles for urban cold chain […]
Tata Motors is accelerating its push towards alternate fuel mobility with the launch of the all-new Intra V40, further strengthening its leadership in the fast-growing small commercial vehicle (SCV) and pickup segment. Designed for high-load, high-efficiency operations, the Intra V40 combines CNG + petrol bi-fuel technology with a best-in-class payload capacity of 1,525 kg and […]
IAA TRANSPORTATION 2026 is set to once again showcase a wide range of innovations in commercial vehicle technology, with its increasingly popular Test Drive programme taking centre stage. The initiative gives visitors the opportunity to experience the latest, most efficient and connected transportation solutions firsthand. Building on the strong response received in previous editions, the […]
Transport Corporation of India Ltd. (TCI), India’s leading integrated multimodal logistics and supply chain solutions provider, reported strong growth for FY2026, driven by robust performance across its multimodal logistics, warehousing, supply chain and integrated mobility businesses. The Company announced its financial results for the fourth quarter and financial year ended March 31, 2026, reflecting sustained […]
Mahindra & Mahindra Ltd. (M&M Ltd.) reported total vehicle sales of 99,636 units in May 2026, registering a 20% year-on-year growth, including exports. The company’s Utility Vehicle (UV) segment continued to drive performance, with 58,021 SUVs sold in the domestic market, reflecting an 11% growth over the corresponding period last year. Including exports, total UV […]