Ashok Leyland sees M&HCV momentum through Oct

Dheeraj Hinduja, chairman, Ashok Leyland Chennai: Truck and bus maker Ashok Leyland expects the domestic medium and heavy commercial vehicle (M&HCV) industry to sustain its current momentum through Sept-Oct, before moderating due to a high base in the second half of the year.“Even if you take a conservative outlook for the second half of the…

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Small cars return to fast lane as first-time buyers power auto surg | Business News

India’s automobile market has delivered an unexpected upshift against a gloomy backdrop of elevated fuel prices, uncertainty over the monsoon and concerns among motorists about the ethanol-blending mandate. Overall vehicle retail sales rose almost 22% to a record 2.6 million units in June 2026, while passenger vehicle sales jumped 29% year-on-year to about 410,000 units,…

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