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Commercial Vehicles News

Commercial Vehicles Growth Positive In Aug, Tractors Muted: Emkay

Emkay Global Financial Services conducted a channel check to gauge the volumes' estimate for the month of August. The channel checks indicate a similar trend witnessed in the month of July 2022. Commercial Vehicles are likely to maintain positive growth momentum. ...

Feb ‘22 Auto Volume Preview: CVs/PVs To Clock Positive Growth

Emkay Global Financial Services conducted a channel check to gauge the volumes' estimate for the month of February. The channel checks indicate that CVs should maintain upward momentum in February 2022. PV volume growth should also be positive thanks to improving ...

November Auto Volumes May See CVs In An Uptrend, Decline in Others

Emkay Global Financial Services conducted a channel check to gauge the volumes' estimate for the month of November. Commercial Vehicles (CVs) should maintain positive momentum in November 2021. Passenger Vehicles' volumes are likely to be hit by the chip shortages, though ...

Oct ‘21 Auto Volume Preview: Uptrend To Continue In CVs, Other Segments To Decline

Emkay Global Financial Services conducted channel checks to gauge the sentiment, automobile sales. Commercial Vehicles sales for the month of October is likely to maintain a positive momentum. Passenger Vehicles' volumes are likely to be hit by the chip shortages, though ...

Second Covid Wave To Temper CV Volume Growth To 23-28%

The intense second wave of Covid-19 afflictions and attendant lockdowns will limit growth in the domestic commercial vehicle (CV) sales volume to 23-28% this fiscal, compared with 32-37% expected prior to its onset, CRISIL Ratings has said. Volume growth had hard-braked ...

Subsidy On EVs Will Be Offered For Commercial Vehicles Only: Govt

On 19 July, the government asserted that subsidies for promotion of electric vehicles (EVs) in India will not include automobiles for personal usage. "The government has made clear its intention to promote electric mobility through commercial fleet owners and incentives will ...