LCV & HCV
Ashok Leyland sets sights on global top-10 league with Uttar Pradesh debut plant
Ambitiously aiming for a place in the global commercial vehicle elite, Ashok Leyland has launched its inaugural manufacturing plant in Uttar Pradesh. This cutting-edge facility in Lucknow is dedicated to the production of electric vehicles, catering to the demands of future transportation. It's set to invigorate local job opportunities and stimulate industrial development within the area.
VE Commercial Vehicles gets Rs 192.36 cr demand from GST authority
Eicher Motors subsidiary VE Commercial Vehicles Ltd faces a GST demand of Rs 192.36 crore. This includes a penalty related to delayed reporting of credit notes for the financial year 2017-18. The company received a demand order confirming Rs 96.18 crore. VE Commercial Vehicles Ltd believes the order lacks merit and will file an appeal.
Escorts Kubota gets Rs 3.4-cr demand from Maharashtra tax authority
Escorts Kubota Ltd faces a significant tax demand. Maharashtra tax authorities have issued an order for over Rs 3.4 crore. This includes tax, interest, and penalty. The issue concerns the eligibility of input tax credit. The company received the order on December 29, 2025. Escorts Kubota Ltd plans to appeal this decision.
Tractor wholesale volume may grow 15-17 pc this fiscal: ICRA
Tractor sales are set for a significant boost this fiscal year, with wholesale volumes now projected to grow 15-17 percent. This upward revision follows strong recent performance and supportive factors. A key driver is the GST reduction on tractors, making them more affordable for farmers.
India's medium and heavy commercial vehicles entering the next upcycle
The Indian medium and heavy commercial vehicle industry is poised for an upcycle, with volumes projected to grow 8% in FY26 and 10% in FY27. Improving fundamentals like rising freight rates, GST benefits, and aging trucks are driving replacement demand and fleet operator profitability, signaling a sustained recovery.
Mahindra displays lineup of alternate fuel tractors as a step towards cleaner, sustainable farming solutions
Mahindra & Mahindra unveiled new alternate fuel tractors at Agrovision 2025. These include CNG/CBG, Ethanol Flex Fuel, and Electric tractors. The company aims to lead India's shift to cleaner farming solutions. These innovations support the government's net-zero carbon emissions goal. The electric tractor is built on the Mahindra OJA platform. The CNG/CBG tractor offers fuel flexibility.
Ashok Leyland gears up to drive in new range of heavy duty trucks
Ashok Leyland is set to launch new heavy-duty diesel trucks with 320 and 360 horsepower engines, aiming to enhance customer earnings. The company is also expanding its non-diesel portfolio, including electric trucks and buses, and exploring CNG, LNG, and hydrogen technologies.
Tata Motors’ CV arm lists, marks new chapter after major transformation: N Chandrasekaran
Tata Motors' commercial vehicle arm has officially listed as a separate entity, marking the end of a decade-long transformation. Chairman N Chandrasekaran highlighted the strategic move to create two strong, independent businesses. This demerger aims for sharper governance and accelerated growth, with plans to become the fourth-largest global player through the Iveco acquisition.
GST rate cut reduces discount pressure for truck manufacturers
Commercial vehicle prices in India have seen a shift as GST rate reductions are absorbed by manufacturers scaling back hefty discounts. While the tax cut initially lowered base prices, the reduced promotional offers mean customers are experiencing only marginal changes in the net cost.
Ashok Leyland sales up 16 pc to 17,820 units in Oct
In October, Ashok Leyland made notable strides, with total sales surging 16 percent to reach 17,820 units compared to the previous year. The domestic market mirrored this growth, also up 16 percent. Sales for medium and heavy commercial vehicles saw a commendable 14 percent rise, while light commercial vehicles enjoyed a robust increase.
Escorts Kubota sales rise 3.8 pc to 18,798 units in October
Escorts Kubota Ltd reported a 3.8% rise in total tractor sales to 18,798 units in October 2025. Domestic sales increased by 3.3% to 18,423 units, while exports surged by 38.4% to 375 units. The company attributed the positive momentum to the preponed festive season, government support, and favorable agricultural conditions.
Volvo bets on high demand for trucks in India amid lull in US
India's growing economy fuels demand for commercial transport, according to Volvo Trucks. The company views India as a vital manufacturing hub, sourcing components and producing engines. Volvo is optimistic about India's adoption of electric trucks, though charging infrastructure remains a challenge. Investments are planned to support future growth and emission reduction efforts.
Ashok Leyland secures major Tamil Nadu order for 1,937 State Transport buses
Ashok Leyland has secured a significant order for 1,937 buses from Tamil Nadu State Transport Undertakings. This order will supply fully built buses and chassis for various operations. The new vehicles will feature advanced iGen6 BS-VI technology and meet AIS 153 safety standards. This strengthens Ashok Leyland's position as a leading bus manufacturer in India, particularly in the southern market.
India’s Sonalika Tractors sets new record with highest-ever monthly sales of 20,786 units
Sonalika Tractors achieved its highest-ever monthly sales in September 2025, delivering 20,786 units, driven by robust domestic demand and the festive season. This record performance was significantly boosted by the central government's GST reduction on tractors and an extended monsoon, encouraging farmer investment in advanced machinery. Sonalika's market strategy and customized solutions also played a key role.
GST cut to increase sales of light commercial vehicles by 30 pc during festivals: Ashok Leyland official
Ashok Leyland anticipates a significant surge in light commercial vehicle sales. This boost is expected due to reduced Goods and Services Tax rates. The company projects a 25 to 30 percent increase during the Navratri and Diwali festive season. Ashok Leyland is also expanding its service network in central India.
Shivraj Singh Chouhan urges tractor makers to pass on GST cuts to farmers from Sept 22
Agriculture Minister Shivraj Singh Chouhan urged tractor and farm equipment manufacturers to pass on GST reductions to farmers starting September 22. This move promises significant price cuts, ranging from Rs 23,000 to Rs 63,000 across tractor categories. Chouhan emphasized that cheaper farm machinery at Custom Hiring Centres would lower rentals, benefiting marginal and small farmers.
