Hidden trends in Commercial Vehicle sales in H1 2020-21

By Kaushik Narayan, CEO & Founder, Leaptrucks Leaptrucks brings you a detailed analysis of the segmental performance of the Commercial Vehicle (CV) industry and highlights the hidden trends in Commercial Vehicle sales in H1 2020-21.  The Automotive industry has largely recovered from the lows of the Covid pandemic.  However, CVs have unfortunately lagged behind other …

6 observations from Commercial Vehicles sales in September

We highlight 6 observations from Commercial Vehicles sales in September 2020.  The CV segment showed remarkable improvement to finish September with a nominal drop of (3%). This week we highlight the remarkable turnaround in CV sales in the month of September 2020.  This give us optimism that a turnaround for CVs will happen earlier than …

6 Key takeaways from the Leaptrucks Truck Owners Sentiment Survey

The Covid 19 pandemic has had a devastating impact on the Commercial Vehicle (CV) industry.  To understand this impact up close, we conducted a detailed survey of Truck Owners.  This article summarises the 6 key takeaways from the Leaptrucks Truck Owners Sentiment Survey.  The Commercial Vehicle industry has been one of the worst hit in …

The eventful journey of school education in the face of the pandemic

This was not a story that we had planned to tell! We were talking to over 20 Principals and Administrators across Kerala and Karnataka to understand the future of school transportation. As we listened to them, we were able to grasp how school education had faced an existential crisis as the lockdown came to an …

Small Commercial Vehicles going from green shoots to recovery

In this article, we take a look at the Small Commercial Vehicles (SCVs) sales recovery. We analyse the segment performance over the first 5 months of a very difficult year.  This is Part 1 of a 4 part series from Leaptrucks that dives deep into the Commercial Vehicle (CV) industry performance. The chart below details …

The silver lining in India’s GDP drop of only 24% in the June Quarter

Media in both India and across the world have been alarmed by a 24% drop in GDP in the June quarter. This is the largest drop across developed and developing economies as per the data published. While this information sounds alarming as a stand alone piece of news, this will not come as a surprise to most who had logically thought through the impact Covid 19 has had on the country since April in general and the June quarter in particular.

Contrary to the negative outlook from the media, I feel quite optimistic after seeing these numbers. Here’s why:

Decoding the integration of Volvo Buses India and VE Commercial Vehicles

In the past week, Mr. Vinod Aggarwal, the Managing Director & CEO of VE Commercial Vehicles (VECV) announced that VECV has signed a definitive agreement to integrate the Volvo Buses India (VBI) operations into VECV. The agreement will cover the manufacture, assembly, distribution, and sale of the Volvo Buses in India, and other rights forming …

In-depth coverage of Small commercial vehicle (SCV) sales in India, July 2020 – Commercial Vehicle Insights!

Leaptrucks is happy to bring you a new series titled “Commercial Vehicle Insights”. This week we are bringing you a detailed analysis of the sales performance in July for SCVs. In every economic downturn, the recovery is usually led by SCVs and we will be looking very intently towards indicators in this segment that may …