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Ashok Leyland ties with Federal Bank to provide easy loans

Ashok Leyland has signed a pact with the Federal Bank for providing financing facilities on their vehicles. This pact was signed on Wednesday. Now with the help of this tie-up, it will be easy for the consumers to purchase the commercial vehicles of the company. This tie-up will also allow the company to offer tailor-made […]

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Nitin Gadkari calls for the need for fixing hours for driving for truck drivers

Union Minister for Road Transport and Highways, Nitin Gadkari, has discussed the need for fixing driving hours on Tuesday. This will help in reducing the rate of accidents by fixing the driving hours for drivers similar to pilots. He also talked about the need for having sleep detection sensors in commercial vehicles, which matches the […]

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Tata Motors to increase the prices of commercial vehicles from October 1, 2021

The largest commercial vehicle manufacturer of India is set to increase the prices of its commercial vehicles from October 1, 2021. This rise in the prices is because of the rise in commodities like steel, metals, and others. Tata Motors, in this regard, said – “The continued rise in the cost of commodities, such as […]

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India’s first electric small commercial vehicle M1KA launched

India’s first small commercial vehicle was launched by Omega Seiki Mobility Pvt. Ltd. on Monday. The name of this vehicle is SCV M1KA. This vehicle is lightweight and has a battery based on NMC technology. On one single charge, the vehicle can run for 250 kilometers. It takes 4 hours to fully charge the vehicle […]

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Government announces 26 thousand crores PLI scheme for Electric Vehicles

The government has approved 26 thousand crore Production Linked Incentive Scheme (PLI). The objective of this scheme is to boost the production of electric vehicles and hydrogen fuel vehicles in the country. This scheme will provide incentives to auto manufacturers for producing electric vehicles in the next five years. The Minister of Information and Broadcasting, […]

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LCV segment to record double-digit growth in the financial year 2022

The sale in the volume of light commercial vehicles has increased all over the country. The growth in the sales of light commercial vehicles is expected to increase by double-digit in this financial year. Behind this success is the growth in the activities relating to construction, FMCG, poultry, and cold storage segments. The CEO of […]

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Mahindra launches new light commercial vehicle Furio 7

The truck and bus division of Mahindra and Mahindra has announced the launching of the new Mahindra Furio 7. This vehicle is the extension of the Mahindra Furio in the light commercial vehicle range. This vehicle will be available in three product platforms – 4 tyre cargo vehicle, 6-tyre cargo vehicle, and 6-tyre tipper vehicle. […]

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New Electrical Vehicle Policy launched in Chandigarh

The new electrical policy has been launched in Chandigarh. The administration of the Union Territory has formed a committee of three members to prepare the final draft. This policy is being for providing incentives on the purchase of electrical vehicles. Electrical vehicles have a considerable advantage over petrol and diesel fuel vehicles. Electrical vehicles do […]

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Tata Motors launches new CNG light commercial vehicle Tata 407

Tata Motors has launched a new CNG commercial light vehicle. Tata 407 comes with the CNG engine, which has the power of a 3.8-litre engine. The ex-showroom price of this vehicle is Rs. 12.07 lakhs (as per Pune showroom). The company has said that this vehicle will offer up to 35 percent more profit than […]

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India’s first legal helpline launched for commercial transporters

The apex body of commercial transporters, the All India Transporters Welfare Association, has launched ‘Lawyer on-the-Spot’. The aim of this program is to provide legal assistance to all the commercial vehicles running on the road. The program is launched at a pan-India level. This program is being carried out in collaboration with Lawyered. The objective […]