Shree Ambica Auto Sales & Service is a MHCV
& Buses range dealer and will be catering to both Cargo and Passenger segments in Vadodara District.
This report covers the present scenario and the growth prospects of the global MHCV
market for the period 2015-2019.
Ashok Leyland's cash flows, however, continue to be vulnerable to decline in its MHCV
sales volumes, which contributes around 90 per cent to its revenues.
The report stated ``M&M posts strong numbers while Tata Motors MHCV
volumes decline significantly Mahindra & Mahindra posted a 31 percent yoy growth in passenger utility vehicle volumes (driven by XUV500) while domestic tractor volumes rose by 4 percent yoy.
said, "At Mahindra, we have performed reasonably well on all our flagship products and have witnessed growth of 31% and 67% respectively in our commercial vehicles and MHCV
segment for the month of March 2017.
sales reversed the trend and grew by 9% after four months of decline.
goods segment continued to grow on back of replacement demand, improvement in industrial activity and movement in infrastructure projects.
In the commercial vehicle industry, the LCV segment continues to be in the negative but the MHCV
goods segment continued to grow on back of improvement in industrial activity, movement in infrastructure projects and some replacement demand.
Tata Motors current makes most of its MHCV
at its Jamshedpur and Lucknow plants but moving a significant part of the production to Uttarakhand would help it reduce costs and pass on higher discounts on its products.
The new, state-of-the-art dealership facility is spread across 40,000 square feet and provides sale, service and spares for Tata Motors' MHCVs
market share in MHCVs
which is currently at a 10-year low, driven by improvement in demand in South India.
Exports for February 2017 stood at 2,300 vehicles while MHCVs
have registered an impressive growth of 49% at 716 vehicles during February 2017.