Nissan, Ashok Leyland “Parntership” is over; to remain “Dost” for now

Nissan Motor Co. Ltd. and Ashok Leyland Ltd.have announced a restructuring agreement wherein Nissan will sell to Ashok Leyland all of Nissan’s shares in three joint venture companies that were formed in 2008.

Volkswagen Truck & Bus to buy 16.6pc equity stake in Navistar for $ 256 million

Volkswagen Truck & Bus will be picking up a 16.6pc equity stake in US-based commercial vehicles manufacturer Navistar International Corporation for around US $ 256 million (Rs 1696 crore approximately). The closing ...

Tata Motors bags order for 5,000 buses from 25 transport undertakings

One of the country's largest commercial vehicle manufacturers Tata Motor received an order for 5,000 buses from 25 state and city transport undertakings across India. This order will post a healthy growth of close t...

Maruti Suzuki commences sale of LCV Super Carry in Gujarat

Maruti Suzuki India Limited has launched its first Light Commercial Vehicle (LCV) Super Carry. The vehicle was unveiled by RS Kalsi, Executive Director (Marketing & Sales), T Hashimoto, Executive Director (Marketing...

New Eicher PRO 6037 with mileage booster system & advanced telematics

Eicher Trucks & Buses launched their Eicher Pro 6037 truck which has a higher payload of 37 ton. The Eicher Pro 6037, earlier unveiled at the Auto Expo is a “Born Intelligent” truck from Eicher Trucks & Buses with a...

Healthy monsoon progress to increase tractor demand, says ICRA

There has been a recovery in tractor volumes across most large tractor markets with the exception of Northern region, with a pan India growth in volumes of 13.5% during April – July 2016 over the corresponding previ...

JK Tyre rolls out 10 millionth truck/bus radial tyre

Tyre major JK Tyre and Industries Limited, part of the Rs 28000 cr JK Organisation, reached a historic milestone when it became the first Indian tyre company to produce 10 million truck/bus radial tyres. With one of...

Sonalika ITL unveils first ever 120 HP (6 Cylinder) tractor in India

Sonalika ITL, a leading tractor manufacturer in India, has unveiled ‘Solis 120’ a 120 HP tractor, under its international brand name ‘Solis’. With this launch, Sonalika ITL becomes the first and only Indian company...

Bajaj Auto launches Maxima C 3-wheeler cargo vehicle for Rs 1.89 lakh

Two and three-wheeler manufacturer Bajaj Auto has launched India’s most powerful three-wheeler cargo vehicle, the Maxima C. Bajaj Auto Maxima C - CNG will be available across dealerships at a price tag of Rs 1,89,07...

CV players to showcase new products at Truck, Trailer & Tyre Expo 2016

Smooth movement of goods by roads across the country in trucks and other commercial vehicles forms a critical and crucial element in the economic growth of any country. In order to address this important segment, a...