Ashok Leyland Bags Order To Supply 250 Trucks To Patanjali Parivahan
- By MT Bureau
- May 30, 2025

Chennai-headquartered commercial vehicle major Ashok Leyland has bagged a order to deliver 250 trucks to Patanjali Parivahan, a key logistics player in North India.
At present, Patanjali Parivahan has a fleet of around 1,000 trucks and has placed a significant order to Ashok Leyland. The CV maker has initially supplied the first batch of 25 units of 1916 haulage trucks to the company.
The first batch of deliveries was done by Sanjeev Kumar, President – MHCV, Ashok Leyland, who handed over the keys to Ram Bharat, Founder, Patanjali Parivahan, in the presence of senior executives from both organisations.
Sanjeev Kumar, President – MHCV, Ashok Leyland, said, “We are thrilled to deliver the first batch of 1916 haulage trucks to Patanjali Parivahan. This partnership reflects their trust in our brand and products, reinforcing our commitment to meeting the evolving needs of customers in the dynamic commercial vehicle sector. Our relationship with Patanjali began in 2014 with the addition of 20 trucks, marking the foundation of a strong and growing collaboration. As Ashok Leyland continues to expand and lead in the commercial vehicle industry, collaborations like these pave the way for a more efficient and progressive logistics sector. The company remains committed to pushing the boundaries of innovation and offering cutting-edge technologies and outstanding customer experience.”
Ram Bharat, said, “We have complete trust in the quality and performance of Ashok Leyland trucks. Their outstanding after-sales support ensures seamless operations for us, while their growing service network further enhances our capabilities. This delivery represents more than just new trucks—it signifies a deepening partnership aimed at advancing logistics efficiency. With Ashok Leyland’s dedication to innovation and our forward-thinking approach to transportation, we look forward to continued success on the road.”
- Montra Electric
- EViator
- Murugappa Group
- Saju Nair
- TIVOLT Electric Vehicles
- SOL Automotive
- Rajesh Gulia
Montra Electric Opens New Showroom In Gurugram
- By MT Bureau
- July 28, 2025
Montra Electric, the clean mobility arm of the Murugappa Group, has inaugurated its all-new e-SCV (Small Commercial Vehicle) showroom in Gurugram.
The new 3S facility operated by SOL Automotive India will house the EViator, Montra Electric’s e-SCV, which comes with a certified range of 245km and a real-world range of 170km. It is powered by an 80 kW motor that delivers 300 Nm of torque and comes with advanced telematics that the company claims enables over 95 percent fleet uptime. It is backed by 7 year or 250,000km warranty.
Saju Nair, CEO, TIVOLT Electric Vehicles (SCV division of Montra Electric), said, “Delhi NCR is a crucial market in our expansion roadmap, and we are excited to bring the Montra Electric experience to Gurugram. With the launch of this dealership, we aim to provide unmatched service and high-performance electric mobility solutions tailored for modern logistics and cargo needs. Our partnership with SOL Automotive brings together a shared vision of driving cleaner, more efficient transportation for the region.”
Rajesh Gulia, Director, SOL Automotive India, said, “We are proud to be associated with Montra Electric and bring the EViator to Gurugram’s thriving commercial ecosystem. This partnership is a timely response to the growing demand for sustainable transport solutions in the region. We look forward to offering customers a best-in-class ownership experience through our new facility."
Force Motors Reports INR 1.85 Billion Net Profit For Q1 FY2026
- By MT Bureau
- July 25, 2025

Pune-headquartered automotive major Force Motors has announced its financial results for Q1 FY2026, with revenue of INR 23 billion, up 22 percent YoY.
The EBITDA came at INR 3.57 billion, up 35 percent YoY and net profit at INR 1.85 billion, up 55 percent YoY. The company attributes that its domestic sales volume grew 26 percent, fuelled by robust demand across the flagship models – Urbania, Traveller and Trax.
Prasan Firodia, Managing Director, Force Motors, said, “We are pleased with the strong start to the new financial year. This growth can be attributed to our consistent focus on meeting customer expectations, capitalizing on domestic momentum, and improving internal efficiencies. The continued trust of our customers and the unwavering effort put in by our teams have been pivotal to this success. With positive indicators in the domestic market, we remain optimistic about sustaining growth in the coming quarters. Our investments in innovation, reliability, and expanding our dealer network will further strengthen our market position.”
Scania's Q2 Sales Dip Amidst Market Challenges, Electrification Push Continues
- By MT Bureau
- July 25, 2025

Volkswagen-owned Swedish commercial vehicle brand Scania has reported a challenging second quarter for 2025, with sales revenue declining 10 percent to SEK 49.9 billion and operating profit down 44 percent to SEK 4.5 billion.
The company attributed headwinds such as geopolitical turbulence, delayed customer investments and reduced truck deliveries – particularly in Latin America, as key factors impacting demand.
Furthermore, Scania has announced that it will adjust global production rates in the latter half of the year to align with market conditions, though European truck order intake strengthened, offsetting declines elsewhere. However, Scania maintained a stable 17.9 percent market share in Europe's heavy truck segment.
On the other hand, it anticipates tailwinds such as strong performance in the bus sector and resilient growth in service revenue (up 5 percent currency-adjusted). Scania also advanced its electrification strategy, expanding its electric bus portfolio and introducing the Megawatt Charging System for rapid truck charging.
However, Christian Levin, President and CEO, Scania and TRATON Group, highlighted the disappointingly low 1.5 percent adoption rate for heavy BEV trucks in Europe, calling for urgent political alignment on infrastructure, energy pricing, and regulation to meet carbon reduction targets.
The integration with TRATON Group continues, with the new TRATON R&D business now operational, and Scania's third global production hub in China is on track to open in Q4 2025. Levin expressed confidence in Scania's strong position to shape the industry's future despite current instability.
Ashok Leyland Partners Chhattisgarh Rajya Gramin Bank For CV Retail Finance
- By MT Bureau
- July 21, 2025

Chennai-headquartered commercial vehicle major Ashok Leyland has signed a Memorandum of Understanding (MoU) with Chhattisgarh Rajya Gramin Bank (CRGB) to enter into a strategic vehicle financing partnership for its Medium and Heavy Commercial Vehicles (MHCV) customers.
The MoU was exchanged between D S Madhusudhan, Head Sales - Finance, Ashok Leyland and Vijay Vasant Raikwad, General Manager – Credit, Chhattisgarh Rajya Gramin Bank. Sreeji, Zonal Manager - Central, Ashok Leyland; Saikat Mandal, Regional Manager – Chhattisgarh, Ashok Leyland and Amarjeet Singh Khanuja, AGM – Credit, Chhattisgarh Rajya Gramin Bank were also present at the event.
K M Balaji, Chief Financial Officer, Ashok Leyland, said, “Ashok Leyland is happy to partner with Chhattisgarh Rajya Gramin Bank. Our collaboration with Chhattisgarh Rajya Gramin Bank enables us to offer comprehensive financing solutions, with flexible and customized repayment plans, ensuring greater convenience for our customers leveraging the Bank’s network in state of Chhattisgarh.”
Sanjeev Kumar, President – MHCV, Ashok Leyland, said, “We are delighted to partner with Chhattisgarh Rajya Gramin Bank to offer attractive and accessible financing solutions to our customers. This strategic collaboration further strengthens Ashok Leyland’s market leadership and customer-centric approach. Our advanced products are engineered to deliver the industry's best total cost of ownership, enabling greater profitability for our customers. We remain committed to delivering exceptional experiences across every touchpoint.”
Vijay Vasant Raikwad, General Manager – Credit, Chhattisgarh Rajya Gramin Bank, said, “We are proud to partner with Ashok Leyland. The partnership will offer customised offerings to customers across Chhattisgarh. Our diverse financial offerings aim to deliver convenient and comprehensive financing choices. We believe this partnership will fulfil the business needs of both organisations, creating a significant positive impact and paving the way for continued progress and success in the commercial vehicle sector.”
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