With the increase in speed limits, the requirement for advanced braking system has also increased, as India ranks among the top countries in road accidents

Mahindra’s Truck and Bus Division (MTBD) has unveiled the FURIO, its brand new range of intermediate commercial vehicles (ICVs).

The domestic CV industry ended FY 2018 on a strong note, witnessing a growth of 20 per cent in volume terms over the prior year.

Though the policy, curbing vehicles that are 20 years old from plying on the roads, aims to reduce pollution and generate demand for new vehicles, the impact will be minimum, writes Rakesh Rao.

The domestic commercial vehicles (CV) industry is expected to grow in the range of 9-11 per cent in FY 2019 supported by the pickup in infrastructure projects, improved industrial activity, healthy demand from consumption-led sectors, etc, says ICRA report.

Mahindra FURIO is the culmination of focused efforts from more than 500 Mahindra engineers, 180 suppliers and an investment of Rs 600 crores

While CV and car sales showed strong growth in May 2018, there was a slowdown in 2W and UV sales, says India Ratings report.

The alliance reaffirms synergy target of more than Euro 10 billion by the end of 2022; Further convergence underway in aftersales, quality & total customer satisfaction and business development

The demand for Indian-made vehicles could be fuelled globally with BS VI compliant vehicles being made mandatory from April 2020, says India Ratings report. The domestic automobile industry has witnessed strong sales volume growth in FY18 backed by commercial vehicles, according to the March edition of the credit news digest on India’s auto sector of the India Ratings and Research (Ind-Ra).