Stressed logistics firms are turning to used trucks to cut costs

Stressed logistics firms are turning to used trucks to cut costs

The market for used trucks has seen a significant increase in prices over the past year, particularly in the light commercial vehicle segment. According to the Shriram Mobility Bulletin, vehicles in the 1.5 to 2 tonne segment experienced a 38% price jump, while the 2 to 3.5 tonne and 3.5 to 7.5 tonne segments saw … Read more

Ashok Leyland plans flurry of launches to boost light trucks market share

Ashok Leyland plans flurry of launches to boost light trucks market share

Chennai: Ashok Leyland, the Hinduja Group flagship, will roll out six new light commercial vehicles (2-3.5 tonne) in the next 12 months as part of a plan to increase its LCV market share to 25% from 20% now, a top official said. “This year, we have six versions of the Dost lined up. We will … Read more