The CV OEMs are back under pressure as sales have sharply fallen in April’21 after signs of revival in the first three months of the calendar year. While for many OEMs the year-on-year April sales would appear positive, given there was hardly any sales in April 2020 due to a nationwide lockdown, most companies have seen sales decline in April 2021 as compared to March 2021.
Tata Motors’ domestic commercial vehicle sales stood at 14,435 units in April’21 compared to 36,955 in March’21, falling sharply by 61 percent. The company’s total domestic sales across all categories in April’21 stood at 39,530 units compared to 66,609 units in March’21.
For Ashok Leyland, sales were down by 50.51 percent month on month for Ashok Leyland, which registered sales figures of 7,961 units in April’21 compared to 15,761 in March’21. The company’s April sales included 3,803 M&HCV trucks, 180 M&HCV buses, and 3,978 LCVs.
VE Commercial Vehicles (VECV) recorded sales of 2,145 units in April 2021 (YTD 2,145 units) as compared to 85 units in April 2020 (LYTD 85), recording a growth of 2423.5% (YTD growth 2423.5 %). This includes 2,096 units of the Eicher brand and 49 units of the Volvo brand.
هذه القصة مأخوذة من طبعة May 2021 من MOTORINDIA.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة May 2021 من MOTORINDIA.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
ATS ELGI launches new range of equipment for CV segment
GARAGE EQUIPMENT
VECV delivers 50 CNG buses to PMPML in Pune
VEHICLE ZONE
Lucas TVS chosen as one of India's best workplaces in auto industry
The certification was done by The Great Place to Work Institute which works with the purpose of giving companies an opportunity to benchmark their practices that make every workplace unique for employees
JAMNA AUTO launches new trailer air suspension, bullish on market success
Understanding the pulse of the Indian customers, drivers and operating conditions, the home-grown company has come up with an ‘Indian product for Indian roads at Indian price’, reports N. Balasubramanian
Bridgestone drives Saabri Logistics' advancement with top-notch end-to-end tyre management
It is never easy for a fleet operator to strike the right balance between tight revenues and rising fuel and parts’ costs. However, if chosen wisely, important elements such as tyres can help in business advancement. Rajesh Rajgor finds this to be true in the case of Saabri Logistics
ZF to invest Euro 200 million as part of ‘Refresh India' strategy
ZF has announced a significant investment of around Euro 200 million as part of a strategic consolidation of its business domains with renewed impetus to drive growth in the Indian market over the next decade.
Chasing records, making roads, with Tata trucks
Jagdish Kadam, Chairman & Managing Director, Raj Path InfraCon shares details with MOTORINDIA about striving to create a world record for the longest road constructed in 24 hours, his company operations, and his fruitful association with Tata Motors.
IPL-Shaw JV for DEF solutions takes flight!
Commenting on this development, Gautam Venkataramani, Director, IPL Shaw Solutions India, said, “India Pistons Limited’s customer experience, local manufacturing strength over 60+ years with research and development and application engineering expertise will be used to provide DEF system solutions with light-weighting, performance-oriented approach leading to CAFE focus.”
What COVID has taught the resilient auto retail industry
In this special Guest Column, Vinkesh Gulati, President, Federation of Automobile Dealers Associations (FADA), shares his observations and views on how the Indian automotive retail sector has weathered the COVID storm and the key learnings and takeaways from the experience
“Cautiously optimistic on growth as COVID continues, emphasis on strong exports and aftermarket” - Vinnie Mehta
Contributing more than 6% to the nation’s GDP as per reports in April 2021, the Indian automotive industry in its entirety provides employment to about ‘37 million people’.