Auto bus and truck sales soar 35.7% during Apr-Feb

Bus and truck sales of Tata Motors and Ashok Leyland pushed commercial vehicle sales up by a robust 35.7 per cent in the first eleven months...

Bus and truck sales of Tata Motors and Ashok Leyland pushed commercial vehicle sales up by a robust 35.7 per cent in the first eleven months of this fiscal.

A total of 2.29 lakh buses and trucks were sold during April-February 2003-04 while 1.68 lakh units were sold during the same period last year, a data compiled by the Society of Indian Automobile Manufacturers (SIAM) revealed.

The sale of medium and heavy (M&H) buses and trucks grew by 39.2 per cent to 1.41 lakh units while that of light commercial vehicles (LCVS) jumped by 30.4 per cent to 87,567 units.

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In the M&H segment, bus sales surged to 42 per cent to 1.19 lakh units while that of heavy buses rose by 25.8 per cent to 21,668 units.

Sales of light trucks went up 40.6 per cent to 70,788 units while that of light buses posted a marginal 0.19 per cent dip to 16,779 units.

Commercial vehicle sales, one of the yardsticks to gauge economic growth, has been on a northward drive since last couple of months .

A spurt in infrastructure sector, rapid progress on different highway projects, including the ambitious golden quadrilateral and periodical fleet replacement cycle had contributed to the growth, analysts said.

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Bountiful rain and sustained focus on infrastructure would continue to accelerate commercial vehicle sales, they said. M&H truck sales of Tata motors, India’s biggest bus and truck maker, registered a 41 per cent rise to 79,961 units.

Men who opened fire outside actor Disha Patani’s home killed in encounter in Ghaziabad

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Two men belonging to the Rohit Godara-Goldy Brar Gang were killed in an encounter in Ghaziabad, suspected to be involved in the firing outside Disha Patani's residence. The duo, identified as Ravindra and Arun, were wanted in multiple cases and were spotted by the police through CCTV footage. UP CM Yogi Adityanath had directed for a speedy investigation and strict action against the perpetrators.

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