User-agent: Mediapartners-Google* Disallow: Trucks World News: TRUCK SALES * India: Price increase on account of a new safety legislation
Google
 
Loading

Jul 28, 2015

TRUCK SALES * India: Price increase on account of a new safety legislation

* India -  Truck sales set to rise ahead of rule change

-- Fleet operators are set to advance truck purchases ahead of an impending change in rules, which could push up prices by as much as Rs.60,000- 80,000... New safety legislation, which includes compulsory ABS and speed limiters, will push up truck prices by Rs60,000-80,000... The price increase will be on account of a new safety legislation that will come into effect from 1 October and will make features such as anti-lock braking system (ABS) and a speed-control device mandatory for trucks... While the legislation allows selling trucks without such features till 31 March 2016, it prohibits production of such models from October. To beat the deadline, a number of firms are increasing production leading up to October... Tata Motors’ Pisharody said so far, the growth in the markets is being solely driven by haulage, or cargo trucks, and the contribution from tippers, which are deployed in mines and construction, has been almost negligible... 
(Photo: Bloomberg - Truck sales set to rise ahead of rule change)  --  New Delhi, India - Live Mint, by Shally Seth Mohile - 27 July 2015

Labels:

posted by Unknown @ 3:25 PM 

0 Comments:

Post a Comment

<< Home