Commercial Vehicle Sales May Take Longer to Recover Than Expected: Ind-Ra
The ratings agency reiterated that MHCV sales could decline by 35-45 percent year-on-year (y-o-y) in FY21.
Lower Fleet Utilization
The ratings agency reiterated that MHCV sales could decline by 35-45 percent year-on-year (y-o-y) in FY21.