Tag: commercial vehicle market India
AUTO Delhi-NCR Fleet Renewal Opens New Growth Avenue For CV Manufacturers

India’s commercial vehicle industry could be headed for a fresh replacement-cycle driven growth phase after the Union Cabinet approved a ₹9,585-crore fleet modernisation scheme aimed at replacing older trucks and buses in the Delhi-NCR region with cleaner BS-VI and electric vehicles. The two-year programme, which targets more than 2 lakh commercial vehicles, combines financial incentives, […]

CW Bureau · Jun 4, 2026
AUTO Eicher Motors Bolsters Volvo Alliance With New ₹750-Cr Vehicle Finance JV

Eicher Motors is entering the financial services business through a new 50:50 joint venture with Volvo Group, expanding their long-standing partnership beyond commercial vehicle manufacturing into financing and leasing solutions. The proposed joint venture will focus on vehicle financing, leasing and related financial services for products sold by Volvo Group, Eicher Motors and Royal Enfield […]

CW Bureau · May 21, 2026