November CV sales ride high on strong demand for lower tonnage vehicles

Cumulative dispatches at top four manufacturers including advanced 1.21 per cent year-on-year

Commercial Vehicles sales, a key barometer of economic activities, either narrowed the decline or rode into positive terrain for most manufacturers for the first time in November after the nationwide lockdown, shows monthly sales data released by the manufacturers.

Cumulative dispatches at top four manufacturers including Tata Motors, Ashok Leyland, Mahindra and Mahindra and Volvo Eicher Commercial Vehicles (VECV) advanced 1.21 per cent to 58,211 units in November from 57,510 units in the same month a year ago. Auto firms in India count dispatches to dealers as sales.

Besides a last year’s low base, the light and intermediary commercial vehicles