CV makers post strong sales in Feb on as mfg and infra activities pick up

MHCV segment has been improving on strong tipper & ICV pick-up; buses continues to be in red

Domestic commercial vehicle (CV) sales in February grew in line with a pick-up in manufacturing and infrastructure activities. While the truck segment reported positive growth, the bus segment continues to be in red.

Tata Motors CV domestic sales rose by 22 per cent this February to 31,248 units from 25,572 units a year ago. Month-on-month, the growth was around two per cent, led by Medium and Heavy commercial vehicles (M&HCV), which grew 30 per cent year-on-year and I&LCV (68 per cent). However, passenger carriers reported a 63 per cent drop.

A Tata Motors Spokesperson said CV sales have picked up