 "Tata Motors ended 2017-18 with a market share of 45.1 per cent in the CV market, marginally up from 44.4 per cent in the previous year")
Wholesales of commercial vehicles (CVs) in December recovered strongly on the back of a pick-up in infrastructure, mining activities, irrigation projects, e-commerce, auto and other sectors. M&HCV volumes were flat YoY, while they grew 38 per cent month-on-month. LCV volumes grew by about 14 per cent YoY and 14.5 per cent month-on-month. The overall drop was largely due to pressure on bus sales, which continues.
M&HCV demand is closing in on the pre-Covid level of 2019 but is still far below the 2018 level. However, industry players said it is not wise to compare the numbers with 2018, since in
