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Truck Rentals Drop 5-7% in May on Key Routes as Supply Exceeds Demand

autherAngitha Suresh     calendar01 Jun 2025

Oversupply of heavy-duty trucks and reduced e-commerce demand contribute to rental decline on trunk routes, industry research group reports.

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VECV Wholesales Jumped by 7.3% in May 2025 YoY to 7,402 Units News
VECV Wholesales Jumped by 7.3% in May 2025 YoY to 7,402 Units

By Shahkar Abidi calendar01 Jun 2025

Joint venture between Volvo Group and Eicher Motors sells 7,402 units in May 2025, with domestic truck sales driving g...

'India's construction equipment industry set to double by 2030': JCB India's Deepak Shetty Video
'India's construction equipment industry set to double by 2030': JCB India's Deepak Shetty

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With India eyeing the No. 2 spot in the global tally by 2030, the country's construction equipment industry is set to ...

VECV Signs Partnership Deal with Statiq to Expand EV Charging Access News
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autherAngitha Suresh calendar28 May 2025

Commercial vehicle maker teams with charging network provider to offer integrated solutions through MyEicher app platf...

Tata Motors Enters Egypt Market with Commercial Vehicle Portfolio News
Tata Motors Enters Egypt Market with Commercial Vehicle Portfolio

autherAngitha Suresh calendar28 May 2025

Indian automaker partners with local distributor MTI to launch seven vehicle models targeting transport and logistics ...

Chargeup secures INR 50 crore credit line for commercial EV financing News
Chargeup secures INR 50 crore credit line for commercial EV financing

autherAngitha Suresh calendar28 May 2025

Driver platform partners with Mega Corporation and Shivakari Finance to deploy 4,000 commercial vehicles over 12 month...

Carraro India Expects Sales to Grow by 8–12% in FY26, Led by Strong Domestic Demand News
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autherDarshan Nakhwa calendar27 May 2025

Buoyed by domestic demand and new projects in engineering services, Carraro India targets up to 12% revenue growth in ...

Jupiter Electric Mobility Partners with Pickkup to Deploy 300 Electric Vehicles News
Jupiter Electric Mobility Partners with Pickkup to Deploy 300 Electric Vehicles

autherAngitha Suresh calendar27 May 2025

Delhi-based logistics platform to integrate JEM TEZ commercial vehicles into fleet operations supporting government's ...

Daimler India CV and BharatBenz deliver 200,000th truck News National
Daimler India CV and BharatBenz deliver 200,000th truck

By Autocar Pro News Desk calendar27 May 2025

Daimler India Commercial Vehicles' portfolio includes truck models ranging from 10 to 55 tonnes for a wide variety of ...

Tata Motors claims Rs 527 crore as PLI incentive News
Tata Motors claims Rs 527 crore as PLI incentive

By Kiran Murali and Ketan Thakkar  calendar24 May 2025

The automaker has estimated and accounted for PLI incentives of Rs 385 crore for the financial year 2025 while it rec...