Page 2 - Commercial Vehicle Sales

Auto registrations drop 5.27% YoY in Sept, decline sharper over 2019: FADA

YoY decline during the month was mainly due to an 11.5% and 23% drop in two-wheelers and tractor sales, respectively

Retail vehicle sales in August rose 14%, CV sales up 98%

Dealers registered a 14.48 per cent rise in total retail sales of vehicles in August 2021, compared to the same month last year.

Pick up in economic activities boosts freight rates, CV sales in August

For the first time since Covid outbreak, revenue of the operators is outpacing income and prompting them not only to replace older trucks but also expand fleet

TVS Motor total sales dip 26% in April at 2,38,983 units

TVS Motor Company on Monday said its total sales stood at 2,38,983 units in April, down by 26 per cent from 3,22,683 units in March

Bajaj Auto sells 1,34,471 units in domestic market in April

Bajaj Auto on Monday said it sold 1,34,471 units of two-wheelers and commercial vehicles in the domestic market in April

M&M reports sale of 40,403 units in March, exports stand at 2,126 units

Mahindra & Mahindra (M&M) on Thursday said it has sold a total of 40,403 units in March. The company had dispatched 6,679 units in March 2020 amid sales disruptions due to COVID-19 pandemic. The Mumbai-based automaker sold 16,700 passenger vehicles last month in the domestic market. It had dispatched 3,383 units in March 2020. It sold 21,577 commercial vehicles in the domestic market last month. The company had dispatched just 2,742 units in March 2020 due to coronavirus-led lockdown. "At Mahindra we are witnessing very good momentum in demand and have a strong pipeline of bookings across our SUV range of Bolero, Scorpio, XUV300, All-New Thar and also the Bolero Pik-up," M&M Automotive Division CEO Veejay Nakra said in a statement. In fact Bolero volumes for March have been the highest in this financial year and despite supply constraints the company has been able to ramp up production of Bolero Pik-up significantly during the month, he added. "We expect supply challenges .

Tata Motors reports sale of 66,609 units in domestic market in March

Total passenger vehicle sales last month stood at 29,654 units. The company had sold 5,676 units in March 2020

Tata Motors expects its CV sales to grow by over 36-38% in FY22

New launches, economic recovery and government spending on infrastructure to drive growth, says Girish Wagh

Ashok Leyland's M&HCV truck sales rise 44% in February, bus sales fall 84%

The company's light commercial vehicle sales rose by 46 per cent to 5,662 units from 3,867 units in the year ago period

Shortage of semiconductors, price hikes pull January auto sales into red

Dec had seen sales grow for 1st time this FY, which dealers called a one-off

CV wholesales in December outperformed in both, M&HCV and LCV segments

Demand for M&HCV segment is coming close to the pre-Covid level of 2019 but is still far below the 2018 level

Ashok Leyland shares rise nearly 4% after commercial vehicle sales data

Shares of Ashok Leyland on Friday gained nearly 4 per cent after the firm reported a 14 per cent increase in its total commercial vehicle sales in December

Passenger vehicle retail sales rise 4% in Nov aided by festive demand: FADA

Automobile dealers' body FADA said passenger vehicle retail sales in November witnessed a year-on-year increase of 4.17% to 291,001 units as Diwali-Dhanteras led to rise in vehicle registrations

CV sales pick up but analysts don't bet on manufacturers' optimism

The recovery in core industries and resultant manufacturing output have increased freight demand for transporters, which in turn has supported CV sales

VECV registers a 11.9% increase in sales to 4,200 units in October

VE Commercial Vehicles, a Volvo Group and Eicher Motors joint venture reported an 11.9% rise in sales for October at 4,200 units

Ashok Leyland commercial vehicle sales rise 1% in October to 9,989 units

Hinduja flagship firm Ashok Leyland reported 1% increase in total commercial vehicle sales to 9,989 units in October

Ashok Leyland truck sales up by 13 per cent in October to 3,762 units

Total vehicle sales dropped by two per cent to 8,885 units in October 2020 from 9,079 units, last year

Tata Motors consolidated net loss widens in Q2 on weak operational show

However, the quarter reflected strong sequential recovery with positive pre-tax profit and major positive free cash flows following restart of production and reopening of global retailer network

Recovery in US commercial vehicle sales to support Bharat Forge's revenues

Some of the gains could be offset by weak India business and the oil and gas vertical

Ashok Leyland's output at 75% of pre-Covid levels: COO Anuj Kathuria

In a Q&A, Anuj Kathuria dwells on the segment shift towards intermediate commercial vehicles (ICVs) and tippers