Medium and Heavy Vehicles
Nov 13, 2018
Tata Motors Commercial Vehicles (CV) domestic sales continued to grow in October 2018 at 39,420 units, higher by 22%, over last year October, led by the continued acceptance of the BS4 products. Cumulative sales for the fiscal (April-October 2018) at 271,907 have grown by 40% over last year same period.
PSR >Read more
Oct 10, 2018
The Truck plant in São Bernardo do Campo – SP has increased exports by 34% in shipments of Accelo and Atego trucks to 20 countries in Africa and the Middle East compared to 2017. Exports are likely to keep growing in 2019 with tailor-made solutions for beverage distribution.
Source: Automotive Business Read The Article
PSR Analysis: The fall in the market since 2013 pushed this Brazilian truck OEM to shift its emphasis to exports. Since then, have grown. The remaining idle capacity and currency depreciation makes the export scenario extremely positive. The >Read more
Oct 2, 2018
Mr. Tan Xuguang, Chairman and CEO of Weichai Power, has been named Chairman and CEO of China National Heavy Duty Truck Group Co., Ltd. (CNHTC). CNHTC, or Sinotruk Group, is a Chinese state-owned truck manufacturer. Xuguang is Chairman and CEO of CNHTC.
Mr. Tan, known for >Read more
Aug 20, 2018
This article originally appeared in the July 2018 issue of the Power Systems Research PowerTALK report.
Volvo Eicher Commercial Vehicles (VEVC), a joint venture between Swedish automaker Volvo and Eicher Motors, is planning to invest Rs.500 crores this year for business growth and aims to increase truck volumes by 50% to meet the growing demand.
PSR Analysis: VECV has been a strong player in the Light-Medium Duty segment, and has focused on value- >Read more
Jun 7, 2018
FRANKFURT/PORTLAND, Ore. — Daimler AG unveiled on Wednesday an all-electric big rig truck it promises to have in production in 2021, as the German automaker mounts a major challenge to European manufacturers and Tesla.
Daimler said its Freightliner eCascadia, with a range of up to 250 miles (400 km) and an 80,000 lb (36 tonne) gross combined weight, will be suitable for regional distribution and port shipments.
Daimler also unveiled a medium-duty Freightliner eM2 106, with a range of up to 230 miles, designed for local >Read more