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CNH Unveils 2030 Roadmap with $550M in Cost Cuts and Margin Expansion Goals
May 09, 2025
The company’s new roadmap includes ambitious targets such as achieving a 16–17 percent mid-cycle adjusted EBIT margin in agriculture by 2030 and delivering over USD 550 million in operational and quality cost improvements.
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JOST Strengthens CV Business With Hvya Acquisition For $389 million
May 07, 2025
The strategic move enhances JOST’s capacity to serve India’s rapidly growing commercial vehicle market while reinforcing its position as a leading supplier for on-highway (transport) and off-highway (agriculture, construction) applications worldwide.
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UK Launches National Rating Scheme to Improve Standards in Heavy Vehicle Maintenance
May 06, 2025
The scheme offers five levels—Entry, Bronze, Silver, Gold, and Platinum—providing commercial vehicle operators with a clear and independent assessment of a workshop’s competency and facilities.
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Mahindra Targets 20% Market Share in CV Business By FY2036
April 28, 2025
Shah also noted that Mahindra has turned around its CV business, once under scrutiny five years ago, and sees the acquisition of SML Isuzu as a strategic opportunity to cement its position further.
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Mahindra To Acquire Majority Stake In SML Isuzu, Eyes Stronger Foothold In CV Segment
April 27, 2025
Following the acquisition, Mahindra will also launch a mandatory open offer to acquire up to an additional 26 percent stake from public shareholders, in compliance with SEBI's Takeover Regulations.
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MoRTH To Soon Introduce Crash Test Ratings For Trucks & Commercial Vehicles
April 24, 2025
At present, many truckers continue to drive vehicles for 13-14 hours a day, as the country is facing a shortage of truck drivers.
