Daimler AG and information technology company,  Infosys Ltd, have entered a long-term strategic partnership for technology-driven IT infrastructure development and transformation.

Sales of light-duty vehicles fell by 79.2% to 7,426 units in the first nine months of fiscal year 2020-21 from 35,644 units in same period of 2019-20.

Sales of LCV goods carriers (trucks of gvw ≤ 7.5t) saw domestic sales fall by 24.7% to 270,623 units in the first three quarters (April to December) of fiscal year 2020-21 (Q1-Q3 FY2020/21) from 359,162 units in same period of 2019-20.

Passenger and CV tyre maker, Bridgestone India Pvt Ltd has launched its new-generation drive tyre for the commercial vehicle segment, which is designed for the general cargo, long haul, and highway applications

Haulage tractor sales fell by 61.2% during the first three quarters (April to December) of fiscal year 2020-21 (Q1-Q3/2020-21) to register just 5,467 units compared with 14,107 units in the same period of the previous year (2019-20).

Sales of buses fell by 91.2% in the first three quarter's period of fiscal year 2020-21 to register just 2,578 units, down from 29,206 units in the first nine months of FY2019-20.

Sales of light-duty vehicles (7.5t gvw & below) declined by 69.7% to register just 2,803 units in Q3 of FY2020-21, down from 9,254 units in Q3 of FY2019-20.

Sales of medium and heavy rigid trucks (7.5t gvw and above) in India fell by 45.6% in the first nine months (April to December) of FY2020-21 to 72,109 units from 132,575 units in same period of the year FY2019-20.

Sales of medium and heavy rigid trucks (7.5t gvw and above) in India experienced a positive upswing of 18.7% in Q3 of FY2020-21 (October to December 2020) to register 45,424 units compared with 38,283 units in same quarter of the year 2019-20

Tractor sales decreased by just 4.3% during the third quarter of fiscal year 2020-21 to register 4,049 units compared with 4,229 units in the same quarter of the previous year.

The Indian Commercial Vehicle Industry in 2020, which started the year with sales continuing to fall from the 2019 level, was then thrown into chaos with the effective closure of the marketplace because of national lockdown measures introduced in March 2020 as an endeavour to stop the spread of the coronavirus, writes Rajesh Khanna, Chief Executive Officer at RACE Innovations Pvt Ltd.

Domestic sales of buses (7.5t gvw and above) contracted by 84.3% in the third quarter of the financial year 2020-21 to register just 1,726 units compared with 11,025 units in Q3 of FY 2019-20!