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MULTI-AXLES MUSCLE THEIR WAY INTO HCV SEGMENT (multi-axle trucks account for a third of truck sales in 2002- 2003).

Asia Africa Intelligence Wire

| June 25, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From India Business Insight)

Most of the two million trucks that now ply on Indian roads are two-axle trucks with a gross vehicle weight (GVW) of 16 tonnes. Multi-axle vehicles have cornered half the market for heavy commercial vehicles (HCVs) in six years.

Multi-axle vehicles of 20 GVW have a lower fuel cost per tonne-kilometre. …

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