Mumbai, April 7 (IANS) To ensure that customers receive secure services through online platforms, gig, and delivery workers, Maharashtra Labour Minister Akash Phundkar on Tuesday directed the formulation of a comprehensive framework. The emphasis will be on worker verification to ensure services are flawless, safe, and within the legal framework. These instructions were issued during a joint meeting of the Labour and Home Departments.Various delivery and service-providing companies appoint deliv…
Latest Commercial Vehicles News & Updates
New Delhi, April 6 (IANS) The Indian auto retail industry delivered an all-time high of 2,96,71,064 units in FY26 with a broad-based 13.30 per cent growth (year-on-year), that saw five of six vehicle categories set new annual records, data released by the Federation of Automobile Dealers Associations (FADA) said on Monday.This represents the domestic auto industry approaching the 3-crore mark in a financial year, a milestone that would have seemed distant just two years ago. “What makes this y…
New Delhi, April 3 (IANS) The cost pressures facing Indian auto companies are being systematically underestimated by the market, even as investor sentiment on India has taken a distinctly more cautious turn, according to a report released on Friday.A BNP Paribas analysis found investors reluctant to take a clear directional position on the market. Hedge funds were largely removing tilts and factor exposures from their portfolios, with several actively reducing gross exposure.The rapid reversal o…
New Delhi, April 1 (IANS) Indian prominent automobile manufacturer Mahindra & Mahindra on Wednesday announced that overall auto sales for March 2026 stood at 99,969 vehicles, marking a growth of 21 per cent including exports.Utility Vehicles domestic sales touched 60,272 units in March, up 25 per cent, while overall UV sales including exports reached 62,109 units. Domestic Commercial Vehicles sales for the month were 24,928, marking a growth of 11 per cent.The company reported year‑to‑da…
New Delhi, March 27 (IANS) India’s automobile sector growth is likely to moderate in FY27 after a strong, policy‑led expansion in FY26, with demand having benefited from GST cuts, improved affordability and resilient economic activity, a report said on Friday.The report from ICRA said GST changes primarily drove the demand, by improving affordability in two‑wheelers and enhancing fleet economics in commercial vehicles.The commercial vehicle segment led the upcycle aided by GST rate cuts, h…
New Delhi, March 20 (IANS) Leading automobile manufacturer Tata Motors Passenger Vehicles Limited (TMPV) on Friday announced a price increase of 0.5 per cent across its passenger vehicle (ICE) portfolio, effective April 1, 2026.”The weighted average price increase will be 0.5 per cent of the internal combustion engine (ICE) portfolio and the extent will vary across models and variants,” the company said in a statement.The company said that price increase is being undertaken to partially offset t…
New Delhi, March 5 (IANS) India’s retail vehicle sales registered a strong 25.62 per cent year-on-year growth at 24.09 lakh units in the month of February — surpassing the previous best February of 2024, the Federation of Automobile Dealers Associations (FADA) said on Thursday.The growth was broad-based across almost all segments. On an annual basis, the two-wheeler segment grew by 25.02 per cent, three-wheelers by 24.39 per cent, passenger vehicles by 26.12 per cent and commercial vehicle…
New Delhi, March 1 (IANS) Tata Motors Limited on Sunday reported a sharp 32 per cent year-on-year (YoY) rise in total sales for February 2026. The company sold 42,940 vehicles in domestic and international markets during the month, compared to 32,533 units in February 2025.Domestic sales stood at 40,893 units, marking a strong growth of 32.8 per cent from 30,797 units in the same month last year.The company’s international business also showed steady improvement, with sales rising 17.9 per cen…
New Delhi, Feb 10 (IANS) Overall vehicle retail market in India grew 17.61 per cent (year‑on‑year) with sales of 27,22,558 units in January, driven by strong demand in two‑wheelers and passenger vehicles, industry body Federation of Automobile Dealers Associations (FADA) said on Tuesday.Passenger vehicle (PV) retail rose 7.22 per cent to 5,13,475 units in January, with urban markets accounting for about 59.2 per cent of sales volumes, the statement from FADA said.Rural PV retail grew 14.43…
Mumbai, Feb 1 (IANS) Indian automobile manufacturer Mahindra & Mahindra Ltd. on Sunday said the company’s overall auto sales, including exports, stood at 1,04,309 vehicles in January 2026, surging 24 per cent year‑on‑year.Sports utility vehicle (SUV) domestic sales touched 63,510 units in January, up 25 per cent, while commercial vehicle domestic sales were 27,656 units, up 22 per cent, a company release said.The total exports for January were 3,577 vehicles, up 5 per cent YoY, and whi…