CV Segment Outlook Remains Negative, FY21 Volumes To Drop: ICRA Ratings ...Middle East

New Delhi: ICRA Ratings on Wednesday said the outlook for the commercial vehicles (CV) segment remains ‘Negative’ on the back of continuing challenges. It cited factors such as overcapacity, subdued freight availability, financing constraints, amongst others, which have impacted the outlook. These factors, the rating agency said, have compounded due to the pandemic, adding that it … The post CV Segment Outlook Remains Negative, FY21 Volumes To Drop: ICRA Ratings appeared first on Ommcom News.

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