Tuesday, March 31, 2026

Rising fuel costs put brakes on CV financing momentum

Rising fuel costs due to the Iran war are pressuring bank loans for commercial vehicles in India. Fleet operators face higher expenses, leading them to delay new purchases. This slowdown affects credit demand for commercial vehicles. Small operators are particularly vulnerable, risking increased loan defaults.

from Auto-Industry-Economic Times https://ift.tt/6EQD5iP

No comments:

Post a Comment

Maruti Suzuki announces price protection for small cars booked till June 14

Maruti Suzuki India is offering price protection on its small car range until June 14, 2026. This initiative aims to shield entry-level buye...