DEALERS IN DISTRESS
Commercial Vehicle|September 2020
CV dealers are a worried lot with business witnessing a significant dip.
Deven Lad
DEALERS IN DISTRESS

There are an estimated 1000 plus CV dealers in India. These are franchises of six or seven CV majors. Chances are that there are more CV dealers if those catering to regional and local brands were to be taken into account. Even those that cater to the rising count of e-rickshaws among others. Most are in varying degrees of distress are facing the economic slowdown of 2019 and the Covid-19 situation of 2020. Their reason for distress may vary, but distressed they are for certain. A chat with Piyush Jain, a Mumbai-based SML-Isuzu dealer, revealed that he is badly affected. Eagerly waiting for the school season to start as a big chunk of his CV sales comes from school buses, Jain is very worried. “We have had no sales for the last four months,” he expressed as a matter of fact. Informing that the pandemic unleashed itself exactly when the school season begins, Jain averred that if such conditions persist for a few more months, it would be extremely difficult to stay in business.

The bus operators, it is no secret, have been the worst affected when compared to the truck operators. Most suffered from having their buses rendered inoperative during the two months of what is described as the world’s most brutal lockdown.

This story is from the September 2020 edition of Commercial Vehicle.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the September 2020 edition of Commercial Vehicle.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM COMMERCIAL VEHICLEView All
PLASTIVISION - 2023
Commercial Vehicle

PLASTIVISION - 2023

THE LATEST TECHNOLOGY, IDEAS, MACHINERY, AND ECO-FRIENDLY SOLUTIONS WERE ON SHOW AT PLASTIVISION 2023. PRAJAKTA CHAVAN POINTS TO THE DELIBERATIONS AND THE OUTCOMES THAT STOOD OUT IN THIS EDITION.

time-read
5 mins  |
March 2024
19TH EV EXPO 2023: Sustainable Transportation On The Cards
Commercial Vehicle

19TH EV EXPO 2023: Sustainable Transportation On The Cards

STAKEHOLDERS OF THE EMOBILITY OPPORTUNITY STEPPED UP WITH A FORWARD-LOOKING PORTFOLIO AT THE 19TH EV EXPO 2023. RICHA TYAGI PICKS THE STANDOUT DISPLAYS AS THE INDUSTRY CHALKS A VISION.

time-read
2 mins  |
March 2024
NEXT GENERATION TRACTION INVERTER: SAFE, EFFICIENT AND COMPACT
Commercial Vehicle

NEXT GENERATION TRACTION INVERTER: SAFE, EFFICIENT AND COMPACT

BORGWARNER HAS IMPROVED THE PERFORMANCE, INTEGRATION AND RELIABILITY OF ITS INVERTER TECHNOLOGY BY REDESIGNING THE POWER, COOLING AND CONTROL SYSTEMS AND SIMPLIFYING PRODUCTION.

time-read
4 mins  |
March 2024
SUSTAINABLE TECHNOLOGY
Commercial Vehicle

SUSTAINABLE TECHNOLOGY

DANA INDIA IS CARVING ITS PATH TOWARD SUSTAINABLE DEVELOPMENT, MARKED BY STRATEGIC INITIATIVES. IN THIS PIECE, ASHISH BHATIA DETAILS THE COMPANY'S ENDEAVOURS AND COMMITMENT.

time-read
4 mins  |
March 2024
LIUGONG ADVANCES CEV PORTFOLIO
Commercial Vehicle

LIUGONG ADVANCES CEV PORTFOLIO

ASHISH BHATIA LOOKS AT HOW LIUGONG INDIA IS COMMITTED TO ADVANCING INNOVATION, SUSTAINABILITY AND CUSTOMER SATISFACTION IN THE CONSTRUCTION EQUIPMENT SECTOR.

time-read
2 mins  |
March 2024
MAHINDRA EXCELS WITH SUPRO PROFIT TRUCK
Commercial Vehicle

MAHINDRA EXCELS WITH SUPRO PROFIT TRUCK

WITH SUPRO EXCEL, M&M IS CONFIDENT OF ENHANCING CUSTOMER PROFITABILITY IN THE SUB-TWO-TONNE SEGMENT. PRAJAKTA CHAVAN RANE HIGHLIGHTS THE USPS OF THE NEW ENTRANT.

time-read
4 mins  |
March 2024
VOLVO AND EICHER BUSES
Commercial Vehicle

VOLVO AND EICHER BUSES

SHAPING THE FUTURE OF PUBLIC MOBILITY

time-read
4 mins  |
March 2024
PM MODI UNVEILS AMBITIOUS NATIONAL HIGHWAY PROJECTS ACROSS INDIA
Commercial Vehicle

PM MODI UNVEILS AMBITIOUS NATIONAL HIGHWAY PROJECTS ACROSS INDIA

Prime Minister Narendra Modi has spearheaded a momentous push towards infrastructural development with the inauguration or foundation laying of 112 National Highway projects valued at approximately rupees one lakh crore.

time-read
9 mins  |
March 2024
CV TRENDS AT SIAT EXPO 2024
Commercial Vehicle

CV TRENDS AT SIAT EXPO 2024

ARAI ORGANISED THE 18TH SIAT 2024. DEVEN LAD AND PRAJAKTA CHAVAN HIGHLIGHT THE PROGRESSIVE MOBILITY DEVELOPMENTS.

time-read
9 mins  |
February 2024
ACMA REASSURES CONTINUATION OF ROBUST GROWTH
Commercial Vehicle

ACMA REASSURES CONTINUATION OF ROBUST GROWTH

ACMA REASSURES CONTINUITY OF ROBUST GROWTH IN THE CV ANCILLARIES BACKED BY STRATEGIC INVESTMENTS

time-read
2 mins  |
February 2024