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May 31, 2014

TRUCKMAKERS NEWS * India

* India - Commercial vehicle-makers expect better sales in the second half of 2014-15 

(Photo: Overloadad truck on India roads)
New Delhi,India -The Hindu Business Line, by  S RONENDRA SINGH -May 28, 2014: -- The medium and heavy commercial vehicles industry has been a sad story for over many quarters, but the companies now expect some revival in the next few months, especially with the new Government expected to rejuvenate the economic environment... However, at the moment, the manufacturers say macroeconomic conditions are their main concerns... According to latest report by Society of Indian Automobile Manufacturers, domestic sales of total medium and heavy commercial vehicles declined by 17 per cent to 15,429 units in April 2014, as compared to 18,610 units in April 2013...

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