Building on the momentum of a landmark debut in Delhi, the second edition of The Future Fleets Forum arrives in Mumbai on 29th September 2026 to the Courtyard by Marriott Mumbai International Airport, at a moment when technology is fundamentally reshaping how India’s fleets are built, managed, and scaled. The first edition of the Future […]
The Board of Directors of SML Mahindra Limited (SML) has approved the acquisition of Mahindra Truck & Bus Division (“MTBD”) from Mahindra & Mahindra Limited (M&M) on a slump sale basis. The transaction is expected to be completed during FY2027. The acquisition marks a significant milestone in SML’s growth journey and represents a strategic step […]
Ashok Leyland has signed a memorandum of understanding with UCO Bank to establish a strategic vehicle financing partnership, enabling both organisations to offer customised financial solutions to customers buying Ashok Leyland trucks and buses. The MoU was signed by Mr. Neelakantan, Vice President of Finance at Ashok Leyland, and Mr. R.S. Ajith, Zonal Head of […]
Montra Electric and Wonder Cement have announced the deployment of around 250 heavy-duty electric trucks — the Rhino 5538 EV 42 TT — across a 1,450-km corridor spanning Rajasthan, Madhya Pradesh, Maharashtra, and Gujarat, creating India’s longest commercial electric freight corridor. The trucks will operate on the Nimbahera to Dahej Port and Nimbahera to Tuna […]
ZF Commercial Vehicle Control Systems India Limited (ZF CVCS India) has secured business nominations from three leading Indian commercial vehicle OEMs for its ESCsmart™ Electronic Stability Control (ESC) solution. The multi-year programs cover truck platforms across both 24V and 12V architectures and support upcoming vehicle programs designed to meet India’s new ESC safety regulations. Production […]
The Volvo Group, Daimler Truck, and Toyota Motor Corporation have signed a binding agreement for Toyota to become an equal partner and shareholder in cellcentric, the fuel cell systems developer jointly owned by Volvo and Daimler Truck. Upon completion, each of the three companies will hold a one-third stake in cellcentric. The transaction is expected […]
Ashok Leyland has signed a memorandum of understanding with Shriram Automall India Limited (SAMIL) to create a transparent and trusted ecosystem for certified pre-owned commercial vehicles across India. The MoU was signed by Mr. Viplav Shah, Head of LCV at Ashok Leyland, and Mr. Sameer Malhotra, Director and CEO of SAMIL. Under the partnership, the […]
The CV maker is in a strong financial position to back its innovation ambitions. The company ended last fiscal debt-free, with net cash of over ₹5,000 crore on its balance sheet. Ashok Leyland closed FY26 with its best-ever performance, and Q1 FY27 has continued that momentum with 10% growth. Mr. Shenu Agarwal, Managing Director and […]
Volvo Trucks will use IAA Transportation 2026 to showcase its latest milestones while highlighting the future of sustainable and efficient road transport. The company will present new and enhanced trucks, drivelines and services designed to create greater value for customers, improve operational efficiency and strengthen business performance, reinforcing Volvo’s position as a trusted partner for […]
Montra Electric has inaugurated its first electric small commercial vehicle dealership in West Bengal, partnering with Next Drive Mobility to open a sales, service, and spare parts facility in Howrah, Kolkata. The launch formally introduces the EVIATOR e-SCV to the region’s last-mile delivery ecosystem. The timing is deliberate. West Bengal’s commercial fleet continues to run […]
The opening panel discussion at the IAA Media Summit: Insights and Trends 2026 set the tone for this year’s event by highlighting a fundamental shift in the commercial vehicle industry’s decarbonisation journey. Bringing together Alexander Vlaskamp, CEO of MAN Truck & Bus, Karin Rådström, CEO of Daimler Truck, Dr. Roger Busch, Corporate EVP Sales & […]
Ashok Leyland has inaugurated two new M&HCV dealership outlets in Assam with the channel partner Bimal Auto Commercial Pvt Ltd. The two dealership outlets are located in Dibrugarh and Bongaigaon and will go a long way in further strengthening Ashok Leyland’s robust distribution network. With these additions, Ashok Leyland now has 26 M&HCV touchpoints across […]
MAN Truck & Bus reported an 8% year-on-year increase in global unit sales during the first half of 2026, selling around 51,000 vehicles. The total comprised approximately 32,000 trucks (+10%), around 3,300 buses (+2%) and just under 16,000 vans (+6%). The company’s engine business also recorded strong growth, rising 17% to nearly 6,000 units. While […]
Tata Motors has signed a memorandum of understanding with UCO Bank to provide customers across India with organised financing solutions for commercial vehicles. The partnership combines UCO Bank’s nationwide branch network and financial outreach with Tata Motors’ commercial vehicle portfolio, with the shared aim of making vehicle ownership more accessible for fleet operators, entrepreneurs, and […]
Prawaas 5.0 concluded successfully after three days of exhibitions, conferences, the Bharat Prawaas Awards 2026 and extensive business networking, reinforcing its position as India’s premier platform for the passenger transport industry. Coinciding with the 10th anniversary of the Bus & Car Operators Confederation of India (BOCI), the landmark fifth edition brought together stakeholders from government, […]