Page 3 - Commercial Vehicle Sales

Tata Motors Q2 total sales surge 5% led by festive season, pent-up demand

Total domestic sales were up 13 per cent to 106,888 units from 94,454 units in July-September period last year

Auto retail sales down by 26.8% in August, jump in tractor segment by 28.7%

Dealers said that the overall demand is still not back to pre-Covid levels as banks and NBFCs continue to have a cautious approach towards funding

CV sector to take 1-2 yrs to get back to 2018-19 sales volume levels: Siam

Domestic CV manufacturers dispatched 10,07,319 units from their factories across the year ended March 31, 2019, as compared to 8,56,916 units in 2017-18, logging a growth of 17.6 per cent

CRISIL pegs loss for Commercial vehicle makers at Rs 6,000 cr this fiscal

It says a 30 per cent decline in sales volume, on an already weak base, would lead to a nearly six-fold increase in net loss this financial year

Bajaj Auto July sales drop 33% to 2,55,832 units, CV sales plummet 71%

Domestic sales in July this year were at 1,58,976 units as against 2,05,470 units, down 23 per cent

Ashok Leyland M&HCV sales volume dips 75% in July, LCV drops 32%

Light Commercial Vehicle (LCV) sales dropped by 32 per cent to 2783 units from 4.083 units

Mahindra sales slump 36% to 25,678 units in July, PV sales down 34%

In the commercial vehicles segment, the company sold 13,103 vehicles as against 15,969 units earlier, a dip of 18 per cent

Toyota Kirloskar sales decline 48% in July; Hyundai records 28% drop

"Despite various challenges, the month of July witnessed better sales in terms of both retail and wholesales when compared to June," TKM Senior Vice-President said

CVs run into Covid-19, sales to shrink 30-35% this fiscal: Report

The industry is staring at further de-growth in fiscal year 2021 as Covid-19-led economic downturn adds to the negative sentiment

Personal car, 2-wheeler preferred mode of transportation post Covid: Survey

The research shows that the pre-owned vehicle will see a good traction as 96 per cent of the respondents want to purchase used car

Tractor sales rise in June; commercial vehicles segment continues to skid

Mahindra & Mahindra Farm Equipment Sector's domestic sales in June saw a surge of 12% to 35,844 units, as against 31,879 units in June 2019.

Commercial vehicle sales lag as coronavirus outbreak pulls down economy

Medium and Heavy Commercial Vehicles volumes dropped nearly 92 per cent YoY during the first quarter of Financial Year 2020-21 and Light Commercial Vehicles volumes plunged 87 per cent.

M&M posts record 55% fall in total sales in June, 72% decline in exports

The commercial vehicle sales slumped 36 per cent to 10,417 units in June 2020 as against 16,394 units in the year-ago month

Automobile sales to see double-digit decline in FY21: Crisil Research

Overall sales volume would plunge to multi-year lows, with sales of both passenger and commercial vehicles reaching fiscal 2010 levels, it said

Passenger vehicle sales plunge 51% in March over coronavirus lockdown: SIAM

CV sales dip by as much as 89%, overall auto sales down 45%

Commercial vehicle sales declines in March over Covid-19, BS-VI transition

The domestic sales of Commercial Vehicles for Tata Motors declined 90 per cent in the month of March 2020, at 5,336 units compared to 50,917 units in March 2019

Ashok Leyland domestic M&HCV sales down by 47%; bus sales rise 36%

The drop came due to the truck business, which dropped by 58 per cent to 4,706 units from 11,117 units

Mahindra & Mahindra sales skid 42% to 32,476 in February, exports down 40%

The company had sold 56,005 units in the same month last year, M&M said in a statement

Companies see Budget 2020 farm, infra push helping commercial vehicle sales

Tata Motors, Ashok Leyland, VECV Ltd report modest growth as economy slows and transporters are saddled with surplus capacity.

Commercial vehicle sales fall YoY, but grow MoM by 10-15% in Dec 2019

Ashok Leyland witnessed a rise in the sale of buses by 85 per cent to 2,560 units in December 2019 from 1,384 units, a year ago