‘Stimulus measures will not aid CV demand’

Mahalakshmi Hariharan, Shweta Bhanot
Posted: Wednesday, Jan 07, 2009 at 2242 hrs IST
Updated: Wednesday, Jan 07, 2009 at 2242 hrs IST

Font Size

Feedback

Discuss

India, China to propel Honda growth M&M set to roll out bikes in 2010 VW pitches for 10% market share by ’14 Skoda to realign products in India

: monies to banks as interest rates are high."

Feeling the pinch

• Over the last year, the commercial vehicle market has witnessed a dip of around 20%

• For the quarter ended December 31, 2008, the dip was as high as 50%

• Major CV makers like Tata Motors, M&M and Ashok Leyland have announced production cuts

• Demand for CVs is dependent on performance of infrastructure and organised retail sectors...

Post Comments

Comments: (Limit 3,000 characters)

Name		Message
Email ID
Subject

TERMS OF USE:
The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).

I agree to the terms of use.