Mahindra's Utility Vehicles (UV) segment saw domestic sales of 48,048 units, reflecting an 18 per cent increase from March 2024. The total sales, including exports, stood at 50,835 units. Meanwhile, the company's domestic commercial vehicle sales reached 23,951 units.
Vehicle sales growth in March 2025 is expected to remain positive for two-wheelers (2Ws) and passenger vehicles (PVs), while commercial vehicles (CVs) may see a marginal decline, according to a report by Nuvama.
Automobile manufacturer Mahindra & Mahindra on Friday announced a price increase of up to 3 per cent on its SUV and commercial vehicle (CV) range, effective from April 2025.
The company stated that the price increase is necessary to partially offset the impact of rising input costs, with the extent of the hike varying based on the specific model and variant.
Tata Motors, India's largest commercial vehicle manufacturer, has announced a price increase of up to 2 per cent across its commercial vehicle lineup, effective April 1, 2025.
The Israel Tax Authority explained the low imports in February 2025 were due to the massive advance of vehicle imports in December 2024, on the eve of an increase in the purchase tax on electric vehicles and an update to the green taxation formula and green taxation outline in January 2025.
According to Kinjal Shah, Senior Vice President & Co-Group Head, ICRA, "ICRA expects the long-term growth drivers for the domestic CV industry to remain intact. The sustained push in infrastructure development (evidenced by the higher infrastructure capital outlay in the recent budget
In the commercial vehicle (CV) segment, domestic dispatches witnessed a 3 per cent decline year-on-year (YoY) and 1 per cent month-on-month (MoM) in February 2025.
Madhya Pradesh offers a massive industrial land bank of more than 1 lakh acres with lower land costs and operating costs. It is one of the leading states in automotive manufacturing with the second largest manufacturer of buses and tractors and 3rd largest producer of commercial vehicles, ac
New Delhi [India], January 21: SWITCH Mobility Ltd, a part of the Hinduja Group, has unveiled the SWITCH IeV8, a revolutionary electric light commercial vehicle (eLCV) in the 7.2T category catering to mid-mile logistics. Designed with sustainability and operational efficiency at its core, th
Madurai (Tamil Nadu) [India], December 26: For over five decades, N Kannalagan Company has been a trusted name in the trucking industry, providing high-quality, affordable used spare parts for heavy commercial vehicles. Specializing in brands like BharatBenz, Ashok Leyland, TATA, Eicher, Mah
New Delhi [India], December 16: SWITCH Mobility Ltd, subsidiary of Ashok Leyland and part of the Hinduja Group, and a leading manufacturer of electric buses and light commercial vehicles unveiled its contemporary electric bus platform SWITCH EiV12 - the low floor electric city bus for the In