Tata Faces 'Heat' From Daimler, Volvo as India Paves Its Roads
(chinatrucks.com, Feb.10, 2010)India’s aim to pave 20 kilometers of highway a day for the next five years is stoking demand for heavy trucks to carry freight, and overseas makers Daimler AG and Volvo AB are jockeying to challenge dominant Tata Motors Ltd.
Asia’s third-biggest economy is spending about $53 billion to build and upgrade 54,454 kilometers (33,836 miles) of highway. The roads carrying 65 percent of India's cargo are plagued by single lanes and irregular surfaces, slowing trucks to an average speed of about 20 kilometers per hour, a 2009 study said.
Improvements begun in 2000 for the "Golden Quadrilateral"project linking New Delhi and Mumbai triggered a shift from trucks weighing less than 16 tons to those weighing up to 49 tons, a segment where sales grew 8 percent from April to December. Volvo, Tata Motors and Mahindra Navistar Automotives Ltd. featured heavy trucks at the Delhi Auto Show in January.
"The highways rollout is giving these new players an opportunity that did not exist earlier,"said Viswanathan Vasudevan, who helps manage $300 million in funds, including India truck makers, at Aquarius Investment Advisors Pte Ltd. in Singapore. "They see a better possibility of making money and this is because of the Golden Quadrilateral and the transport system becoming better in India."
- WABCO Signs First Deal to Export Power Steering Syetem to India Tata Motors 2018-07-16
- Tata Motors Hopes to Regain Over 55% Market Share in M&HCV Segment 2017-12-28
- Tata and Ashok Leyland Among Top Competitors in Africa’s CV Market 2017-08-02
- Tata, Hyundai to Boost Sales of CV in Indonesia 2017-06-12
- CHTGC Cooperated With Tata Daewoo 2013-05-14
- Tata Motors sales up 58% 2010-03-02
- Tata Motors, M&M, Reva eye electric compact truck segment 2010-02-08
- Fiat Buys Zastava in Serbia 2010-01-06
- Tata eyes exports to Asean: Thai autos to ship to Malaysia, Indonesia 2009-11-26
- Assembly of Chinese Automobiles Might Resume in the Sverdlovsk Oblast 2009-07-13
Submit Your Requirements, We Are Always At Your Service.
- Next Generation of Hino 500 Series to Arrive in Australia
- Foton Motor Involved in Cave Rescue Mission in Chiang Rai, Thailand
- 60.218 Billion! XCMG Ranks the First among “China’s 500 Most Valuable Brands
- JMC Looks to Boost Aussie Dealer Network
- India’s First Lithium-ion Battery Project Set to Get Underway
- Volvo Group Upbeat on Chinese Market
- XCMG Turkey Co., Ltd. and Spare Parts Center Opened in Ankara
- XCMG E-commerce Platforms Revolutionize the Supply Chain and Industrial Ecology
- Shacman Initial Sales in Jamaica Outperform Expectations
- Volvo Pushes Forward With Electric Trucks
C&C Trucks Co., Ltd.
C&C Trucks Co , Ltd (C&C Trucks), located in Sanshan Economic Development Zone, Wuhu, Anhui Province, a holding company under China International Marine Containers (Group) Co , Ltd (CIMC), is a large heavy truck enterprise integrating the research and development, production
- SAIC Hongyan Sold Over 40,000 Units Trucks from January to July
- Jiefang Heavy-duty Truck Sales Volume Reached 165,000 Units in H1 2018
- China's Commercial Vehicle Sales Reached 399,500 Units in June
- Truck Sales Exceeds Two Million Units in H1 2018
- JAC Hit Record High of 110,000 Units in Light-duty Truck Sales in H1,2018
- FAW Jiefang’s Medium-and Heavy-duty Truck Enjoys 20.9% YOY Growth in June
- Best-Selling Pickup Trucks in China--May 2018
- SAIC Hongyan Sold 559,800 Units Heavy-duty Trucks in January-May
- China Truck Makers Saw Strong Sales in May
- China Sold 162,414 Units Light Trucks in November