Market share up 3.3% in CY2020 despite 34% sales dip, says Daimler India

Despite pandemic and economic downturn, firm outperformed Indian CV market and emerged with major increases in domestic sales (46%) and incoming orders (150%) for Q4

Daimler India Commercial Vehicles (DICV) has reported a 34 per cent drop in sales during the calendar year ended 2020 to 9,624 unit sales from 14,474 units sold in 2019.
 

The company claimed it has increased its share in the Indian market by 3.3 per cent in calendar 2020 to 9.1 per cent.
 

Despite the global pandemic and economic downturn, DICV was able to outperform the Indian CV market and emerge with significant increases in both domestic sales (up 46 per cent) and incoming orders (up nearly 150 per cent) for Q4, said the company.
 

Satyakam Arya, Managing Director &