{"id":2967,"date":"2013-05-14T11:12:45","date_gmt":"2013-05-14T11:12:45","guid":{"rendered":"http:\/\/azureblog.smallvehicleresource.com\/?p=2967"},"modified":"2013-05-14T11:12:45","modified_gmt":"2013-05-14T11:12:45","slug":"indian-light-commercial-vehicle-market-slows","status":"publish","type":"post","link":"https:\/\/smallvehicleresource.com\/blog\/2013\/05\/14\/indian-light-commercial-vehicle-market-slows\/","title":{"rendered":"Indian Light Commercial Vehicle Market Slows"},"content":{"rendered":"<p>The Light Commercial Vehicle (LCV) market in India is experiencing a slowdown. ??Industry experts point to expensive loans, reduced economic activity and challenging freight rates in several sub-markets as the reasons.??The mini-trucks which can carry up to two tons of goods has seen growth fall. According to the manufacturer&#8217;s trade association, &#8220;<em>From an average 40,000 units a month last financial year, sales of goods-carrying light commercial vehicles (LCVs) fell have fallen to 33,721 units in April; growth slowed from 16 per cent last year to three per cent in April.&#8221;<\/em>??The segment&#8217;s more recent growth had attracted more competition and new models with the main manufacturers being Tata Motors with their Ace models, Mahindra &amp; Mahindra???s Maxximo and Ashok Leyland&#8217;s Dost??. ??<a title=\"Indian Light Commercial Vehicle Market Slows\" href=\"http:\/\/www.business-standard.com\/article\/companies\/uvs-lcvs-begin-to-lose-steam-113051000532_1.html\" target=\"_blank\" rel=\"nofollow\">Learn more: ??Business-standard.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Light Commercial Vehicle (LCV) market in India is experiencing a slowdown. ??Industry experts point to expensive loans, reduced economic activity and challenging freight rates in several sub-markets as the reasons.??The mini-trucks which can carry up to two tons of &hellip; <a href=\"https:\/\/smallvehicleresource.com\/blog\/2013\/05\/14\/indian-light-commercial-vehicle-market-slows\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,16,23,27],"tags":[1609,650,1581,1580,786,1271],"class_list":["post-2967","post","type-post","status-publish","format-standard","hentry","category-globalization","category-mini-trucks","category-sales-figures","category-utility-vehicles","tag-ashok-leyland","tag-india","tag-lcv","tag-light-commercial-vehicle","tag-mahindra-mahindra","tag-tata-motors"],"_links":{"self":[{"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/posts\/2967"}],"collection":[{"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/comments?post=2967"}],"version-history":[{"count":4,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/posts\/2967\/revisions"}],"predecessor-version":[{"id":2971,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/posts\/2967\/revisions\/2971"}],"wp:attachment":[{"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/media?parent=2967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/categories?post=2967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/tags?post=2967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}