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DICV Achieves Record 2,200 Bus Sales, 65.9% Export Growth And INR 22 Billion in Service Revenue
May 16, 2025
The company’s key performance highlights include record bus sales of 2,200 units, a 10.5 percent YoY growth and a 65.9 percent surge in bus exports.
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GreenCell Mobility To Deploy Over 1,200 E-Buses from CESL Under PM E-Bus Sewa Scheme
May 14, 2025
The company has partnered VE Commercial Vehicles (VECV) for deploying these e-buses across 6 cities in Madhya Pradesh.
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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.
