Volvo Financial Services (VFS) and Eicher Motors Limited have announced their intent to form a 50:50 joint venture to provide financing, leasing and other financial services for customers of Volvo and Eicher-branded commercial vehicles in the Indian market. Pending regulatory approval, the JV will be created through VFS India issuing new shares to Eicher in […]
Ashok Leyland has secured an order for 715 vehicles from VRL Logistics, one of India’s leading logistics companies. The order includes AVTR 3120 haulage trucks, BOSS 1615 trucks and Oyster staff buses. This milestone marks a significant step in strengthening the partnership between the two companies and further reinforces Ashok Leyland’s position as a trusted […]
Hindustan Petroleum Corporation Limited (HPCL), a Maharatna oil marketing company, and Tata Motors, India’s largest commercial vehicle manufacturer, have signed a Memorandum of Understanding (MoU) to pilot a structured and scalable model for the responsible collection and recycling of used automotive lubricants. This collaboration brings together the complementary strengths of two leading Indian organisations to […]
The journey of Rajeshree Translines Pvt. Ltd. is rooted in a steady evolution shaped by discipline, relationships, and a clear understanding of the logistics ecosystem. Founded in 2000 by Late Shri Jagdish Prashad Gaur under Rajeshree Enterprises / Rajeshree Transport Company, the business began at a time when the road transport sector was largely unorganized […]
Daimler Truck Holding AG delivered resilient Group financial performance for FY2025, operating within its guided range despite a challenging macroeconomic environment marked by declining key markets and tariff headwinds. The company reported market-leading results in North America despite weak demand conditions, while Mercedes-Benz Trucks delivered solid profitability. Daimler Buses achieved double-digit margins for the first […]
By Ravichandran Srinivasan In the highly competitive and complex automotive industry, OEMs (Original Equipment Manufacturers) like MSIL face the formidable challenge of orchestrating an extensive and efficient transportation network. Their goal is to deliver vehicles seamlessly across diverse markets—domestic and export—while maintaining quality, optimizing costs, and adhering to strict timelines. This article explores the intricacies […]
As India’s logistics sector undergoes a massive transformation, the Confederation of Indian Industry (CII) recently hosted a high-powered roundtable discussion bringing together OEMs, fleet operators, policymakers, and technology providers. The event highlighted a critical industry milestone: India’s logistics costs have dropped from a historic 14% of GDP to near global benchmarks of roughly 8%. However, […]
Tata Motors, one of the world’s leading commercial vehicle manufacturers, today showcased a portfolio of 11 vehicles at an event in Cape Town, South Africa, underscoring its engineering strength and technological capabilities. The curated line‑up spans multiple segments and powertrain options, including next‑generation electric vehicles alongside proven platforms, reflecting the company’s ability to design and […]
SML Mahindra has begun the new financial year with remarkable momentum, delivering its highest-ever April sales performance and reinforcing its growing presence in India’s commercial vehicle market. The impressive start not only reflects strong market demand but also highlights the increasing confidence customers and dealers continue to place in the brand. Outperforming the domestic industry […]
Amazon India has announced plans to deploy around 1,000 electric trucks in collaboration with VE Commercial Vehicles’s Eicher Trucks and Buses business, marking one of India’s largest dedicated electric truck deployments in the ecommerce and quick commerce sectors. The move is aimed at strengthening Amazon Now’s rapidly expanding operations while accelerating the company’s sustainable transportation […]
Ritco Logistics Ltd has announced the induction of 85 newly modernised fleet services in order to support the cement and infrastructure industry in terms of logistics. The specialized fleet is made in such a way that the company optimises the loads, safety requirements, and overall performance of the operations, which allows transporting cement in a […]
For the company, the focus has shifted towards disciplined growth, financial resilience and the ability to adapt quickly in an increasingly uncertain global environment. Despite the challenging environment fuelled by geopolitical crisis across the world, the overall mood within Tata Motors remains cautiously optimistic. The belief is that while the world may be facing uncertainty, […]
Mahindra’s Truck and Bus Business has inaugurated a new state-of-the-art 3S dealership in Chennai, Tamil Nadu. With 12 service bays, the facility can service more than 15 vehicles per day while also providing driver lodging, 24-hour breakdown assistance and AdBlue availability. Speaking on the occasion, Vinod Sahay, Chairman – SML Mahindra and Mahindra Advanced Technologies & […]
Tata Motors reported a record standalone performance for Q4 and FY26, driven by strong commercial vehicle demand, disciplined execution, improved profitability and robust cash flow generation. The company’s standalone revenue for Q4 FY26 rose 22% year-on-year to ₹24,500 crore, while EBITDA increased 35% to ₹3,400 crore. EBITDA margin expanded by 130 basis points to 13.9%, […]
Daimler India Commercial Vehicles (DICV), a wholly-owned subsidiary of Daimler Truck AG, has announced the inauguration of three new BharatBenz service centers across the Bundelkhand region of Uttar Pradesh. The new workshops at Jhansi, Kabrai and Chitrakoot will be operated by PPS Trucking – part of one of the country’s most widely spread automobile conglomerates. […]