Commercial Vehicle Volumes Expected To Dip 4-7% This Fiscal Year: Icra | Mobility News
Commercial Vehicle Industry: The domestic commercial vehicle industry is expected to see a 4-7% dip in wholesale volumes for the current fiscal year (FY25) compared to FY24, due to last year’s high base and current demand weakness, rating agency Icra said on Friday. Medium and heavy commercial vehicle (truck) volumes are anticipated to shrink by […]