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Reeling under the effect of the COVID-19 pandemic, Ashok Leyland reported a steep decline of 89% in sales for the month of May 2020. The company recorded a sale of 1,277 units in the previous month, witnessing a 89% drop owing to the nationwide lockdown, in comparison to 12,778 units that were sold in May […]
Mahindra and Mahindra‘s Farm Equipment Sector (FES) recently announced its sales numbers for April for its tractors division. Greatly impacted by the coronavirus pandemic and the nationwide lockdown, domestic tractor sales for the company were recorded at 4,716 units, which was in stark contrast to the 27,495 units sold in April the previous year. Truck […]
One of the biggest commercial vehicle manufacturers in India, Ashok Leyland, announced on Tuesday its sales figures for April 2020, stating that the company has recorded zero sales for the month in review. According to company officials, Ashok Leyland took a massive hit in sales due to the nationwide lockdown imposed to control the spread […]
The effect of the worldwide COVID-19 outbreak is being strongly felt by the commercial vehicle industry. For the first time, CV OEMs in India are reporting zero sales for the month gone by. The latest comes from Mahindra and Mahindra, who on Friday reported zero domestic sales for April 2020. Truck drivers in India are […]
As India is reeling under the COVID-19 pandemic, the transportation sector in the country has taken a massive hit. So much so that the commercial vehicle segment in India witnessed a whopping decline of 89% in sales for the month of March. While the passenger vehicle segment saw a drop in sales by 52%, commercial […]
Tata Motors has reported a drop in its domestic sales for the month of February 2020 by 34%, with a sale of 38,002 units. This drop comes in comparison to February sales in the previous year, which were recorded at 57,221 units. In a statement, Mayank Pareek, President, Passenger Vehicle Business Unit, said, “The outbreak […]