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.
Tag: LCV
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M&M reports and increase of 59% in MHCV sales
Mahindra and Mahindra Ltd (M&M Ltd) announced its auto sales performance for the month of October, where its MHCV segment had experieced an increase of 59 per cent since October 2016. The units sold stood at 748 as compared to 471 vehicles sold last year.
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Mahindra witnesses 16 % increase in auto sales
Mahindra and Mahindra Ltd have sold a total of 53,663 vehicles during September 2017, compared to 46,130 vehicles during September 2016.
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Ashok Leyland to invest Rs 400 cr on new LCV development
Hinduja flagship firm Ashok Leyland BSE -0.53 per cent will invest Rs 400 crore to develop new light commercial vehicles (LCVs) within the next two years and plans to triple its sales in the segment by 2019-20.
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How Mahindra maintains its leadership in small CV segment
Indian automobile manufacturer Mahindra & Mahindra has successfully maintained its leadership position in the light commercial vehicle (LCV), up to 3.5 tonnes, segment in the country for three years in a row.