TRUCK AUR BUS Commercial Vehicles. Simplified. Tue, 08 Mar 2016 15:40:15 +0000 en-US hourly 1 Secrets revealed behind Ashok Leyland Nissan JV Break-up Tue, 08 Mar 2016 15:40:15 +0000 TRUCK AUR BUS Nissan MUV

Nissan MUV

Nissan and Ashok Leyland came together in 2008 to make light goods vehicles such as vans and small trucks. They set up three different companies—for vehicle manufacturing, engine manufacturing and technology development. Interestingly, the joint venture does not have a manufacturing unit of its own and uses the facilities of Renault-Nissan India Pvt. Ltd and Ashok Leyland to manufacture vehicles such as Dost, Partner, Mitr, Stile and Evalia.

On 19 January, Vinod Dasari, managing director of Ashok Leyland, and Philippe Guerin-Boutaud, corporate vice-president of Nissan’s global LCV business met in Singapore to mark the contours of Nissan’s exit from the partnership to make light trucks and vans. Under this agreement, Nissan would transfer all its shares to Ashok Leyland at Rs.1, and exit the venture and put Rs.250 crore in an escrow account to compensate vendors working for the venture. Ashok Leyland-badged products such as Dost, Partner and Mitr (manufactured in Ashok Leyland’s Hosur plant) will continue to be manufactured and sold and the company would pay 1% royalty to Nissan on their sales for five years. Nissan also agreed to pay Rs.12 crore to Ashok Leyland in lieu of assets being used by Renault-Nissan Alliance India Pvt. Ltd. Nissan would surrender the assets to produce Stile and Evalia to the JV while it would continue to have access to suppliers for parts directly to sell these models.

The reason behind the JV break-up is around Rs.200 crore vendor liability figures quoted by Nissan are not in the joint venture’s books, adding the overall liability figures are only around Rs.700 crore, far less than Rs.1,200 crore quoted by Nissan. The Rs.1,200 crore figure includes debt, required fresh cash infusion and compensation for vendors. To be sure, even before the talks for terminating the joint venture started, both parties had expressed interest in buying out each other’s stake in the joint venture.

However, things did not go according to plan. Business milestones were not met and losses mounted. In the year ended 31 March 2015, the venture reported a loss of Rs.791 crore. Ashok Leyland also wrote off Rs.214 crore as impairment based on the value of its investment in the joint venture.

]]> 0
Indian CV market is expected to see revival in sales this year Tue, 08 Mar 2016 12:44:53 +0000 TRUCK AUR BUS Mahindra Blazo Truck

Mahindra Blazo Truck

Indian Commercial Vehicle market has undergone severe crisis in sales over the past few years. In 2011, sales of commercial vehicles (CVs) peaked. And then it fell, to almost half in 2013. Commercial vehicle sales are seen as an indicator of the health of an economy. Higher the sales, better the state of the economy, as trade, construction, transport would all be on the upswing.

From 2015 over, things have been looking up. Last year, the CV industry grew at 8%, but the market was in a realignment.

For the first time, Tata Motors, which owned half the market, saw marketshare dip to 44% as others nibble away at it. Ashok Leyland grew from 13.7% to 18%, while Volvo Eicher Commercial Vehicles (VECV) rose from 5.8% to 6.6%. Mahindra & Mahindra too grew by a little less than 1%.

The fastest-growing segment will be the medium and heavy vehicles, where VECV has a 12%, Mahindra which has more than 25% marketshare, but only 3% in heavy vehicles but soon the company is expecting increase with its Blazo series of trucks. Tata Motors is overhauling its products — all heavy vehicles will be under the Signa brand, and the 25-tonne trucks will be replaced by new ones. The mainstream products had to change & the entire portfolio is under the new design architecture, with new technology in pipeline.

]]> 0
Australia to get Scania’s first Driver-less trucks Tue, 08 Mar 2016 11:57:41 +0000 TRUCK AUR BUS Scania Tipper truck

Scania Tipper truck

Scania, the Swedish truck maker 70 per cent owned by Volkswagen, says that it is now well-advanced on creating driver-less trucks that can negotiate set roads and load/unload remotely. The trucks are designed in a way to operate easily in mines & maneuver through tough turns n obstacles. This mining truck is the first of its kind, with developers at Scania and researchers from technical colleges in Sweden examining the role driverless trucks could play in tomorrow’s transport system.

The mining industry has relied upon large and expensive construction-style vehicles for its heavy transport requirements. But interest is increasing around the world in smaller scale and more flexible solutions involving specialised mining trucks. Self-driving solutions for construction-style vehicles have been around for some years now. The 20-member team within Scania’s research and development department is researching self-driving vehicles and the peripheral systems needed to make them a part of tomorrow’s transport system in various areas.

Among future plans of Scania, the next step could be self-driving container trucks in ports. And after that the technology will also come to the long haul transport sector, with self-driving vehicles driving between large transport centres where their cargoes are then loaded into last mile delivery trucks.

]]> 0
Ashok Leyland recorded a 40% increase in sales this May Sun, 07 Jun 2015 06:52:33 +0000 TRUCK AUR BUS Ashok Leyland Boss

Ashok Leyland Boss

India’s second largest commercial vehicle manufacturer, Ashok Leyland, recorded a increase in sales by 40.1%. The Company sold 9294 units in May’15 as compared to 6632 units in May’14. Sales of heavy and medium commercial vehicles of Ashok Leyland rose 41.1% to 6,892 units in May as against 4,884 units in the year-ago period, while its Light commercial vehicles sales also rose 37.4% to 2,402 units compared with 1,748 units in May 2014.

]]> 0
Isuzu Motors India opens its new dealership in Gujarat Sun, 24 May 2015 08:12:28 +0000 TRUCK AUR BUS Isuzu D-Max Pick-up truck

Isuzu D-Max Pick-up truck

Isuzu Motors India Pvt. Ltd. opened its third dealership in Gujarat in the city of Vadodara. Isuzu has plans to open 60 outlets across India by end of 2015-16. Isuzu currently has 20 dealership facilities at Delhi, Noida, Jaipur, Mumbai, Chennai, Bangalore, Hyderabad, Coimbatore, Madurai, Visakhapatnam, Tirupati, Cochin, Calicut, Ahmedabad, Rajkot, Ludhiana, Lucknow, Gurgaon, Indore including Vadodara.

Vadodara’s Dealership VG Isuzu will be selling Isuzu’s world-renowned pickup trucks and sports utility vehicles.

With this move Isuzu Motors is strategically expanding its network across the country, and also strengthening its presence in each market with more dealer outlets to increase its reach to the customers.

]]> 0
Tata Motors launches its Prima trucks in Kenya, Bangladesh Sun, 24 May 2015 07:56:53 +0000 TRUCK AUR BUS Tata Prima Tractor

Tata Prima Tractor

Tata Motors, India’s largest commercial vehicle manufacturer, has launched its Prima range of trucks in Kenya and Bangladesh. As a market leader in Bangladesh, the company is committed to the growth of commercial vehicle industry with the latest global technologies. The company’s partnership with Bangladesh-based Nitol Motors has grown over the years to make Tata Motors the largest commercial vehicles brand in Bangladesh.

In Kenya, Tata Motors has launched six new Prima models in the local market in partnership with Tata Africa holding Kenya Ltd. As one of the major players in the EA region, we are committed to shaping the commercial vehicle industry here with the latest global technologies giving the Kenyan customer competitive business advantages.

The new Prima range is equipped with strong aggregates and a robust chassis frame and suspension and will meet the highest operating standards under extreme conditions.

With this launch of the PRIMA range in Bangladesh Tata Motors’ made expansion in the SAARC region and Kenya joins the list of countries that are markets for Tata’s Prima range that already includes UAE and Oman.

]]> 0
Govt. to introduce new toll system on Highways Sun, 24 May 2015 07:28:55 +0000 TRUCK AUR BUS A stage carrier bus

A stage carrier bus

Government of India is planning to launch new Toll collection system named Electronic Toll Collection (ETC). This system will remove toll plazas which are inefficient in collecting toll.
According to research study by IIM-Calcutta and Transport Corporation of India, Govt. will be saving Rs 88,000 crore by introduction of this electronic toll collection system on the national highways at PAN-India level.

The road ministry is trying to implement the electronic toll collection (ETC) across all highways in the country by the end of this financial year. However, the success of the first such initiative launched last year on the Delhi-Mumbai stretch is still in question. “Not all concessionaires are cooperating with us to get the electronic toll going. The fleet owners with overloaded vehicles are also not keen on this system since it brings about transparency,” a senior government official said.

The government had so far scrapped 61 toll plazas which become had unviable or recovered the cost completely. Toll collection is faced with problems of overcharging and undercharging. Complaints of non-reporting and under reporting of the toll fee by collection agents are also unchecked.

The Electronic Toll Collection (ETC) system will be providing services including toll transaction clearing house operations, helpdesk support and setting up of call centres for Incident Management, Intelligent Transport Systems, etc.

Govt. is planning to waive off tolls for private vehicles and buses from paying toll on highways in their districts if the road transport ministry accepts a proposal currently under consideration that promises to bring significant relief to commuters and ease congestion on highways.

]]> 0
Scania gets 6 months extension for Ethanol bus project Sun, 24 May 2015 04:55:16 +0000 TRUCK AUR BUS Scania Ethanol-fuel bus

Scania Ethanol-fuel bus

Nagpur Municipal Corporation (NMC) has offered another six month extension to Scania to develop its Ethanol fuel bus. The bus, which plies on Wardha Road, Nagpur, had evoked good response from Nagpurians but it was sent frequently to other cities as a demonstration vehicle. Seeing the amazing response, Uttar Pradesh state has also expressed interest in launching this bus in Lucknow.

In 2014, Scania brought this bus to the city on a trial basis. But by October, 2014 Regional Transport Authority (RTA) gave it a green signal and its launch was delayed. RTA has approved the fare rates for the Ethanol fuel bus @ Rs. 10 which is slightly more than the Tata’s Starbus buses fare of Rs. 8. Scania’s ethanol-run bus is fully air-conditioned just like other manufacturers products.

]]> 0
Noida authority plans to launch new City bus service soon Sun, 24 May 2015 04:38:25 +0000 TRUCK AUR BUS A Volvo City Bus

A Volvo City Bus

NOIDA authority plans to launch new city bus service in Noida and Greater Noida. The authoring is working on 2 models after getting bad results over past 3 years. The authority has offered a GCM (Gross Cost Model) to leading bus manufacturers like Ashok Leyland, Tata Motors, JBM. But did not received any response from the manufacturers. Volvo has shown keen interest in he scheme and has agreed to provide buses to the Authority.

The GCM provides for the cost of the buses to be borne by the manufacturer and it to operate the fleet against payment of running cost per kilometre and assured running of 200 km per-day-per-bus.

Noida authority plans to have air-conditioned buses that run on CNG. Initiative for Transportation and Development Programme (ITDP) suggested Noida Authority to order mini buses instead of big buses as the big buses would take more time to load passengers.The regular buses proposed by Noida Authority will be quite successful as the roads in Noida are wide and more space on the city roads will be available if the bus service becomes popular.

]]> 0
Force Motors launches new range of Traveller school buses Mon, 16 Feb 2015 07:46:31 +0000 TRUCK AUR BUS Traveller School bus

Traveller School bus

Force Motors, introduced a new range of advanced school buses, thus entering the school bus segment. The new bus range has Traveller school buses equipped with all latest safety and comfort features along with GPS tracking. To give tough competition to its competitors like Tata, Ashok Leyland, SML, Mahindra, Force motors has the innovative Child Bus Tracker facility, a feature for enhancing the safety of school children with scanners and GPS tracking facility, as an option.The top-end version of bus tracker include cameras that stream live videos of the interiors of the bus to the parents, school administrators and school bus contractors, along with boarding and de-boarding alerts.

]]> 0