E-tail boosts medium vans in FY20, Auto Information, DFL
The gross sales sentiment within the rising section is being pushed by the buoyancy within the e-commerce market, say truck firms. In consequence, they’re launching new merchandise with bells and whistles to faucet this demand. Tata Motors launched Intra a number of days in the past, and Volvo Eicher Business Automobiles (VECV) launched its Professional 2000 light-duty on Monday. Daimler India Business Automobiles (DICV), too, has indicated it’s focusing consideration on the e-commerce market.
VECV MD & CEO Vinod Aggarwal stated, “The 5-11 tonne light-duty trucks are being used by the e-commerce segment for within-the-city and last-mile connectivity. The logistics requirements for this truck segment is still much better because the change in axle load norms did not impact the medium and light trucks. That’s why the slowdown is much less in this tonnage and in April-May it actually grew a bit.”
Information from the Society of Indian Car Producers (SIAM) exhibits heavy responsibility truck gross sales dropped 25% year-on-year in This autumn of 2019. In distinction, the sunshine and medium gross sales drop was solely 9% (see graphic).
DICV MD & CEO Satyakam Arya stated, “BharatBenz has several tailored medium and heavy duty products successfully running in customer fleets since 2018, and we are continuing to extend our solutions for the e-commerce segment.”
Tata Motors president (business automobiles enterprise unit) Girish Wagh stated, “Intermediate and light CVs have done well, though sales growth has dropped in year’s second half due to the high base effect. Small CVs are growing, but it is tapered down.”