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Global Commercial Vehicles Market (2021 to 2026) - by Product, End-use and Geography

Share this article Share this article ResearchAndMarkets.com s offering. The Commercial Vehicles Market is predicted to grow at the rate of 6.7% CAGR by 2026. Commercial vehicles refer to those vehicles used for goods transport, transporting people, or providing a service. They have a major contribution to the overall country s economy. Commercial vehicles have various applications such as passenger transportation, logistics, industrial, mining, and many more. Majorly, these vehicles are categorized into two types such as heavy and light, where heavy vehicles are used for heavy equipment, and light are used for passenger and goods transportation. Owing to the key factors such as rising digitization and the expanding infrastructure investments are anticipated to boost the commercial vehicles market growth in the coming years. The incorporation of telematics services, precisely the increasing demand from consumers for transport solutions, and the rising popularity of shared trans

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Tata Motors weighing legal options against CCI order - The Hindu BusinessLine

Tata Motors weighing legal options against CCI order May 06, 2021 × One of the dealers alleged that every authorised dealership is obligated to raise finance/loans from banks and or NBFCs such as Tata Capital and Tata Motors Finance Tata Motors Ltd is seeking legal counsel against the probe ordered by the Competition Commission of India (CCI) for alleged abuse of its dominant position with respect to dealership agreements. “We have learnt that the Competition Commission of India (CCI) has passed an order directing the Director-General, CCI to initiate investigation against Tata Motors Limited’s (TML) commercial vehicles business in India. We understand that the CCI has passed a prima facie order and has not made any final or binding observations with regard to the allegations levelled against TML. TML is currently reviewing the copy of the order available in the public domain and will consult its legal counsels to take necessary steps.”, said TML in a statement.

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Tata Motors Sales April 2021: At 39,530 Units, Tata Motors Domestic Sales Drops 41% Month-On-Month In April 2021

Tata Motors Sales April 2021: A 41 per cent drop was recorded in domestic sales month-on-month Tata Motors reported its monthly auto sales on Saturday, May 1, reporting 39,530 units sold in April 2021, marking a 41 per cent month-on-month drop in total domestic sales, compared to the previous month of March. Tata Motors domestic sales in March 2021 stood at 66,609 units. According to a regulatory filing by the company to the BSE on Saturday, Tata Motors sales in the domestic and international market for April 2021 stood at 41,858 vehicles. ( According to the statement, Tata Motors sales of domestic commercial vehicles (CV) in April 2021 stood at 16,644 units, registering a 59 per cent drop month-month, compared to 40,609 units sold in March 2021. The commercial vehicles sale included passenger carriers, SCV cargo pickup, exports. The exports of commercial vehicles stood at 2209 units in April 2021, marking a 40 per cent drop month-on-month, compared to 3654 units in March 2

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Global Automotive Radar Market Report 2021-2027: Market Opportunities in the Rising Demand for Advanced Imaging Radar

Global Automotive Radar Market Report 2021-2027: Market Opportunities in the Rising Demand for Advanced Imaging Radar
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