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!

Olectra Greentech has received an order for 350 eBuzz k9 buses which have been commissioned under the FAME-II scheme of Government of India.

Ashok Leyland Ltd, a subsidiary of the Hinduja Group, has launched two new passenger bus models – a 7m midi-bus, called GAZL and the latest version of the 11m Falcon Super with a Euro IV (EGR-only) engine for the markets of the Middle East.

An Indian logistics start-up company, Infraprime Logistics Technologies Pvt Ltd is planning to invest USD200m in converting around 1,000 diesel tractors and trucks to operate with electric drivetrains within the next two years; claiming this will make it the largest electric commercial vehicle operating platform in India.

ABB Power Products and Systems India Ltd has signed a Memorandum of Understanding with Ashok Leyland Ltd to conduct trials of Hitachi ABB’s electric bus flash charging system, the first of which will take place on the University campus at the Indian Institute of Technology Madras.