
Ashok Leyland Denies Reports of Acquiring Stake in SML Isuzu
Ashok Leyland issued a formal statement to the National Stock Exchange (NSE) and BSE Limited, calling the reports “factually incorrect” and asking stakeholders to ignore the misinformation.

Daimler Truck’s GenH2 Fuel Cell Trucks Pass Extreme Winter Testing
These winter tests are part of a program backed by €226 million from Germany’s Federal Ministry for Digital Affairs and Transport (BMDV) and the federal states of Baden-Württemberg and Rhineland-Palatinate, under the EU’s IPCEI Hydrogen programme.

Trackon to Expand Its Network in South India with 750+ New Franchise Additions
The franchise model helped the company achieve an annual turnover of over Rs 500 crore. The company currently works with more than 6500 franchise partners.

ACMA & Guidance Tamil Nadu Host Event Showcasing Tamil Nadu’s Automotive Strength
The Automotive Component Manufacturers Association of India hosted an event in Chennai. The Title of the event was ‘Unveiling India’s New Automotive Hub: Where Wheels of Progress Turn’.

Mahindra to Hike Prices of SUVs and Commercial Vehicles by Up to 3%, Starting April 2025
Mahindra’s latest price revision follows similar actions taken by other manufacturers to manage their operating costs.

SML Isuzu Appoints Yasushi Nishikawa as New Managing Director and CEO, Effective April 17, 2025
SML Isuzu announces the appointment of Yasushi Nishikawa as its new Managing Director and CEO, effective April 17, 2025, following the resignation of Junya Yamanishi.

Montra Electric Partners with Steam-A to Boost EV Charging Network Efficiency
The integration will bring Steam-A's AI-driven predictive maintenance system and real-time monitoring to Montra's charging stations.

CMV360 Weekly Wrap-Up | 17th – 21st March 2025: Montra’s Chennai Dealership, Eicher-Magenta Partnership, Tata’s Price Hike, Exponent’s 1MW Charger, New Holland’s Yuvraj Singh Campaign, TAFE’s New Vice Chairman, and More
Montra’s Chennai dealership, Tata’s price hike, Exponent’s 1MW charger, Hero-Euler deal, and more in this week’s updates.

Tata Motors Patents Autonomous Self-Driving Vehicle Concept: Tata YU
The Tata YU prototype has two main sections: a central area for storing e-commerce parcels and a rear section for transporting passengers.

Montra Electric Opens First e-SCV Dealership in Bengaluru, Expanding in Karnataka
The dealership will showcase Montra Electric’s latest e-SCV model, the EVIATOR. It offers a certified range of 245 km.

Daimler Truck Reports Strong Performance in 2024 Despite Market Challenges
The company reported a 17% increase in battery-electric truck sales and a 12% rise in Free Cash Flow.

Tata Motors Announces Price Hike of Up to 2% for CVs Starting April 2025
Tata Motors has announced a price hike of up to 2% for commercial vehicles, effective April 1, 2025, due to rising input costs.

Eicher Trucks and Magenta Mobility Partner for Sustainable Logistics with Eicher Pro X Electric Truck
Eicher Trucks partners with Magenta Mobility to deploy 100 Pro X electric trucks, enhancing sustainable logistics in key Indian cities.

Montra Electric Opens First E-SCV Dealership in Chennai
The dealership will showcase Montra Electric's EVIATOR, which offers a certified range of 245 km and a real-world range of 170 km.

CMV360 Weekly Wrap-Up | 8th – 15th March 2025: Ashok Leyland’s Women-Centric Initiatives, Montra’s e-SCV Plant, Bajaj GoGo EV Deliveries, SML ISUZU’s Air Force Order, and More
Get the latest on Ashok Leyland’s initiatives, Montra’s e-SCV plant, Bajaj GoGo EVs, SML ISUZU’s Air Force order, and more.
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