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Mandatory ABS to boost cost of CVs in India

According to the Society of Indian Automobile Manufacturers (SIAM), sales of commercial vehicles in India fell by 15.3% year-on-year in May 2014 to 46,986 units, compared with 55,458 CVs sold in the corresponding month a year earlier. Due to a sluggish economy, CV sales in the country are down to historic lows, following a prolonged … Continued

According to the Society of Indian Automobile Manufacturers (SIAM), sales of commercial vehicles in India fell by 15.3% year-on-year in May 2014 to 46,986 units, compared with 55,458 CVs sold in the corresponding month a year earlier. Due to a sluggish economy, CV sales in the country are down to historic lows, following a prolonged period of decline.

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