FabTrucks
Jun 7, 2025
Here are the latest impactful updates from the truck and commercial vehicle industry, including both global and India-specific news:
đ 1. AC Cab Mandatory for New Trucks in India (Effective June 8)
Starting JuneâŻ8, all newly sold medium and heavy trucks in India must have air-conditioned cabins to improve driver comfort and safety. Manufacturers have increased prices by approximately 2% to offset the installation costs .
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đ 2. Market Slowdown Amid Industry Inventory & Supply Chain Constraints
Indian auto dealers (including commercial vehicle sellers) report caution for June due to high inventory and rare-earth material shortages affecting production, especially in the EV segment .
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đ§ 3. Surge in Replacement Demand from Aging Truck Fleets
The average age of Indiaâs commercial vehicle fleet is nearing a 10-year high, pushing a wave of replacement demand as fleet owners seek newer, more efficient, and regulation-compliant trucks .
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â 4. Ashok Leyland Records 5% Sales Growth in May 2025
Ashok Leyland posted a 5% year-over-year increase in combined domestic and export sales (trucks, buses, LCVs), signaling resilience and steady growth in the market .
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đ 5. Global Shift: Focus on Decarbonization & Electric Trucks
Europe intensifies efforts to decarbonize trucking, with EV HGV pilots and hydrogen projects, while India joins with initiatives like ProjectâŻJOLT and partnerships to build freight electrification infrastructure .
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đ 6. Adani Launches Indiaâs First Hydrogen-Powered Truck
Adani has introduced the countryâs first hydrogen-fueled truck, capable of carrying 40 tonnes over 200âŻkm â a landmark for sustainable transport in mining logistics .
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đ¤ 7. Mahindra Acquires Majority of SML Isuzu
Mahindra & Mahindra has bought a ~59% stake in SML Isuzu for âš555âŻCrore, doubling its truck and bus market share from 3% to 6%, with ambitions to scale to 12% by FY2031 .