AUTO
Ashok Leyland Partners With TMB To Provide Truck And Bus Financing
Ashok Leyland Ltd, the Hinduja Group’s flagship commercial vehicle manufacturer, has signed a memorandum of understanding (MoU) with Tamilnad Mercantile Bank (TMB) to provide customised financing solutions to customers purchasing its trucks and buses. The partnership aims to improve access to vehicle loans, offer flexible repayment options and simplify financing for transport operators, fleet owners […]
CW Bureau
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Oct 12, 2026
AUTO
DICV Set To Invest ₹4,000 Cr More In Tamil Nadu To Boost Manufacturing
Daimler India Commercial Vehicles (DICV), the maker of BharatBenz trucks and buses and a wholly owned subsidiary of Daimler Truck AG, will invest approximately ₹4,000 crore additionally in Tamil Nadu to strengthen its manufacturing, product development and research capabilities in India. The proposed investment is part of a non-binding facilitation Memorandum of Understanding (MoU) signed […]
CW Bureau
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Aug 13, 2026
AUTO
Ashok Leyland Enlarges Northeast Network With Two New Dealerships
Ashok Leyland, the flagship company of the Hinduja Group and one of India’s leading commercial vehicle manufacturers, has strengthened its presence in Northeast India by inaugurating two new medium and heavy commercial vehicle (M&HCV) dealership outlets in Assam, taking its total M&HCV touchpoints in the state to 26. The new dealerships, established in partnership with […]
CW Bureau
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Jul 18, 2026
AUTO
Ashok Leyland Becomes First OEM To Join Delhi-NCR Vehicle Renewal Plan
Commercial vehicle major Ashok Leyland and its electric mobility arm Switch Mobility have become the first original equipment manufacturers (OEMs) to partner with the Government of India under the newly launched vehicle replacement scheme aimed at modernising truck and bus fleets in the Delhi-NCR region. The first memorandum of understanding (MoU) under the scheme was […]
CW Bureau
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Jun 15, 2026
AUTO
Modern Fleet Lowers Logistics Costs, Boosts Efficiency: Ashok Leyland MD
Commercial vehicle major Ashok Leyland has welcomed the Central government’s recently approved vehicle scrappage programme for the Delhi-NCR region, saying the initiative will improve productivity, enhance road safety, reduce emissions and lower logistics costs. The Union Cabinet recently cleared a ₹9,585-crore fleet modernisation scheme aimed at replacing over 2 lakh ageing trucks and buses in […]
CW Bureau
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Jun 11, 2026
AUTO
Tata Motors To Invest In EV, Hydrogen & Cleaner ICE Tech For Future Growth
Tata Motors will continue pursuing a multi-technology approach to commercial vehicle decarbonisation, investing in electric, hydrogen and cleaner internal combustion engine (ICE) technologies as it prepares for the next phase of mobility transformation. In a message to shareholders in the company’s Annual Report 2025-26, Tata Motors Chairman N Chandrasekaran said the transition to cleaner mobility […]
CW Bureau
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Jun 7, 2026
AUTO
India’s Auto Retail Nears 3-Crore Milestone With Record FY26 Sales
India’s automobile retail sector delivered a landmark performance in FY26, clocking an all-time high of 2.96 crore units, marking a 13.3% year-on-year (YoY) growth. According to Federation of Automobile Dealers Associations, five of the six vehicle categories recorded their best-ever annual sales, underlining strong and broad-based demand. Two-wheelers and PVs lead growth Two-wheelers led the […]
CW Bureau
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Apr 6, 2026
AUTO
VECV’s FY26 Sales Surge Past 1 Lakh, Driven By Strong Segment Demand
VE Commercial Vehicles Ltd (VECV), a joint venture between Volvo Group and Eicher Motors, has achieved its highest-ever annual sales, surpassing the 1 lakh vehicle milestone in FY26. This landmark performance reflects the realisation of a key vision set at the inception of the Volvo–Eicher partnership and underlines the company’s strong growth momentum in India’s […]
CW Bureau
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Apr 1, 2026
