VECV has delivered 50 units of its 24-seat Eicher CNG AC buses to transport operator, PMPML, the first time the joint venture has delivered gas buses to the city of Pune.

Domestic sales of buses (7.5t GVW and above) increased by 391% in the first quarter of the financial year 2021-22, with sales of 1,086 units compared to 221 units in Q1 of 2020-21.

VECV has launched the Eicher Skyline Ambulance, which is powered by a 75kW engine and provides enhanced patient and river safety and comfort.

The Ministry of Road Transport and Highways has issued a draft notification under the AIS113 safety standard to include safety requirements for Road-Trains, bringing them more closely in line with EU regulations.

UD Trucks announced in April it had entered into a multi-year digital transformation and hybrid cloud contract with Indian information technology (IT) group, HCL Technologies to further accelerate its digital transformation. 

Sales of large buses and coaches (>7.5t gvw) in the fiscal year 2020-21 (April 1, 2020, to March 31, 2021) decreased sharply by 81.70% to 7,322 units from 40,016 units registered in the previous same fiscal year (2019-20).

Domestic sales of medium- and heavy-duty rigid trucks fell by 15.41% to 139,486 units in FY2020 from 164,896 units in the financial year 2019-20. While this appears not to be a major fall if the registrations last year are compared with two years ago, when 280,139 units were registered, this is a halving of the market in two years.

Total tractor sales in the fiscal year 2020-21 (April 1, 2020, to March 31, 2021)  fell by 28.9% to register 13,880 units compared with 19,516 units in the previous year (FY2019-20). Since two years ago this means the market has shrunk by 72% from when sales had registered 70,989 tractor units.

Sales of LCV goods carrier (trucks) vehicles (gvw ≤ 7.5t) saw sales decline by 11.5% in the fiscal year 2020-21 (April 1, 2020, to March 31, 2021) to 395,783 units from 447,351 units in FY2019-20. This is the second year of decline from 564,409 unit sales two years ago; a difference of 170,000 units!

Sales of light-duty passenger vehicles (7.5 tons and below) fell by 73.6% in the fiscal year 2020-21 (April 1, 2020, to March 31, 2021) to 12,078 from 45,814 units in the previous fiscal year and from 52,170 units two years ago. Exports also fell dramatically by 61.8% to 1,641 units in 2021. Production experienced a decrease in output of 65.8% to 15,475 year-on-year from 45,291, and from over 55,000 in 2018-19.

India - Sales of light-duty passenger vehicles (7.5 tons and below) in the fourth quarter of fiscal year 2020-21 (April 1, 2020, to March 31, 2021) fell by 54.3% to 4,652 units from 10,170 in the same quarter of FY2019-20.  Exports fell by 37.2%  to 733 (1,168) and production fell sharply by 50.2% to 5,688 (11,429).

Sales of medium and heavy rigid trucks (7.5t gvw and above) in India during the fourth quarter (January to March 2021) of fiscal year 2020-21 increased by 112.1% to register 66,330 units, up from 31,275 units in same quarter of the year, 2019-20. This recovery was also in contrast to the decrease in the same quarter last year, which saw the market collapse from the previous year’s final quarter period (Q4/2018-19) when 80,355 trucks were registered.