FADA data shows 11.23 lakh vehicles sold in ten days. Electric vehicles are now more than one in every ten sales. India’s showrooms sold about 11.23 lakh vehicles in the ten days of Navratri this year, says the Federation of Automobile Dealers Associations (FADA). That is nearly 27% more than in Navratri 2024. It is […]
€3.82 Billion All-Cash Tender Offer Launched for the Acquisition Tata Motors Limited and IVECO Group N.V. have announced the commencement of a voluntary all-cash tender offer by TML CV Holdings B.V. for all issued ordinary shares of IVECO Group at EUR 14.10 per share, including dividends. The offer values IVECO Group at approximately EUR 3.82 […]
Eicher Trucks & Buses, a business unit of VE Commercial Vehicles Ltd. (VECV), has inaugurated an exclusive dealership for the Eicher Pro X Small Truck range in Noida. The Punjab Mobility Private Limited 3S dealership facility is located at Khasra No. 264, Bisnoli, Dadri, Gautam Buddh Nagar, Uttar Pradesh – 203207, conveniently connected to GT […]
I opened the fireside chat at the SDV conference with a theme: Digital Cockpit Summit, Powering the Future of Indian Mobility through Software, organised by Aayera in Pune. But what does it actually mean for a vehicle to be powered by software? Imagine buying a car that wakes up one morning a little smarter than […]
In less than 15 months, Daimler India Commercial Vehicles (DICV) has quietly achieved something rare in the global commercial vehicle world: three major milestones in a row that now place India at the heart of Daimler Truck’s future. It began in July 2025, when Daimler Truck named DICV a key pillar of its global operations. […]
An analysis of the end-use sectors driving growth across Tata Motors’ commercial vehicle businesses in H1 FY27 Tata Motors’ commercial vehicle sales grew 35.1% year-on-year to 2,43,602 units in H1 FY27, reflecting broad-based demand across its domestic and international businesses. While heavy trucks benefited from infrastructure spending and activity in core industries, intermediate and light […]
Ashok Leyland has signed a Memorandum of Understanding with Union Bank of India (UBI) to offer tailored financing to customers buying its trucks and buses. Under the partnership, UBI will provide end-to-end vehicle loans with flexible, easy-to-manage repayment options suited to each customer’s needs. The MoU was signed by Neelakantan, Vice President – Finance, Ashok […]
Ashok Leyland has signed a Memorandum of Understanding with Tamilnad Mercantile Bank (TMB) to offer customised financing to customers buying its trucks and buses. Under the partnership, TMB will provide end-to-end vehicle loans with flexible repayment options suited to each customer’s needs. Founded in 1921, the bank has more than 600 branches, with a strong […]
Jio-bp, the EV charging brand of Reliance BP Mobility, has signed a Memorandum of Understanding with Vertelo, an electric vehicle leasing platform, to support fleets of electric buses and trucks. The two companies will explore combining Vertelo’s leasing services with Jio-bp’s fast-charging network. Plans include making charging points easy to find for Vertelo’s customers, offering […]
India’s festive season is placing renewed focus on logistics and supply-chain agility as businesses across sectors gear up to meet heightened consumer demand. Vineet Agarwal, Managing Director, Transport Corporation of India Ltd., said logistics would play a decisive role in determining how much of the festive demand translates into actual sales. Mr. Vineet Agarwal, Managing […]
From September 15 to 20, 2026, companies from the commercial vehicle, transport, and logistics industries presented innovative solutions for the future of road freight transport at IAA TRANSPORTATION in Hanover. With 1,589 exhibitors from 46 countries, this year’s IAA TRANSPORTATION set a new record for international participation. The number of countries represented increased again compared […]
Volvo’s gas-powered trucks are growing in volume as more markets are embracing alternative fuels that enable significant reduction of CO2 emissions. 2025 was Volvo’s best sales year ever for trucks powered by gas, and 2026 will be even stronger, thanks to leading products and the favorable supply and cost of fuel. At the recent IAA […]
As India accelerates the transition towards a more organised and sustainable vehicle scrappage ecosystem, Rosmerta Auto Recycling Pvt. Ltd. (RARPL), one of India’s leading Registered Vehicle Scrapping Facilities (RVSFs), has entered into a strategic partnership with Eicher Trucks and Buses, a business unit of VE Commercial Vehicles (VECV) to facilitate the authorised scrapping and recycling […]
Ashok Leyland has signed a Memorandum of Understanding (MoU), with Kerala Grameena Bank to enter into a strategic vehicle financing partnership for its customers. This MoU will enable Ashok Leyland and Kerala Grameena Bank to offer customized and convenient financing solutions to customers purchasing Ashok Leyland vehicles. The MoU was signed by Mr. Viplav Shah, […]
Energy In Motion Ltd. (EIM Ltd) has inaugurated its heavy-duty battery swapping-cum-charging station at Rewari, Haryana, strengthening the energy infrastructure supporting the transition to electric freight along the NH-48 Delhi-Mumbai corridor. The station was inaugurated by Dr. Hanif Qureshi, IPS, Additional Secretary, Ministry of Heavy Industries, Government of India, in the presence of Mr. Mahendra […]