STOCKHOLM: AB Volvo, a Swedish truck manufacturer reported a sharp drop in third-quarter indicating the slowdown in commercial vehicle markets it is also a matter of concern over international trade and the global economy.
As per the research data has been released by ICRA in Sept 2019.
The implementation of unified tax regime, Goods and Services Tax (GST) from July 1, 2017, has had a significant impact on fleet owners and their operations, and has been a
Chandigarh: Automobile sectors in India currently facing low demand challenge from the market. Passenger and commercial both are struggling with the low sales figure posted from dealer’s end. In this uncertain situation many manufactures