Page 3 - Commercial Vehicle Sales

Sales of two-wheelers, CVs in slow lane; 1.6 mn units sold in May: FADA

Retail sales of passenger vehicles grew last month but the sales of two-wheeler and commercial vehicles remained low compared to the pre-Covid month of May 2019, according to FADA

CV maker Ashok Leyland's sales jump four-fold to 13,273 units in May

Sales of light commercial vehicles in the domestic market stood at 5,190 units in May, as against 1,225 units in May 2021, the company said.

Truck, bus sales by top-5 manufacturers up 64% to 65,540 units in April

Though growth was seen across segments, big sales push came from small CVs used for last-mile delivery as demand from e-commerce firms remained strong

Mahindra's sales jump 25% to 45,640 units in April, SUV segment grows 22%

Mahindra & Mahindra (M&M) on Monday said its total sales increased by 25 per cent to 45,640 units in April. The company's total sales stood at 36,437 units in April 2021. The Mumbai-based auto major's passenger vehicle sales in the domestic market rose by 23 per cent to 22,526 units last month against 18,285 in April last year, the auto major said in a statement. Commercial vehicle sales increased to 20,411 units last month compared to 16,147 in April 2021. The company said its exports last month stood at 2,703 units against 2,005 in the year-ago period. "We continued our growth trajectory in the SUV segment with sales of 22,168 vehicles, registering a growth of 22 per cent. Our commercial vehicles registered growth across all segments, and exports were also up at 35 per cent," M&M President (Automotive Division) Veejay Nakra said. Demand across products continues to be robust with strong booking numbers and pipeline, he added. "There were a number of supply chain ...

Ashok Leyland reports 42% rise in total commercial vehicle sales in April

The company had sold 8,340 units in the same month last year, Ashok Leyland said in a regulatory filing

Bajaj Auto sales slip 20% to 310,774 units in April, domestic down by 24%

Commercial vehicle sales in the domestic market, however, grew by 13 per cent to 8,944 units compared to 7,901 units in the same month last year, Bajaj Auto said

Two-wheeler sales drag domestic auto sales to six-year low, exports shine

Overseas shipments by volume of scooters and motorbikes hit the highest since FY16

Tata Power to set up EV charging stations at vehicle zones of Apollo Tyres

Tata Power has partnered with Apollo Tyres to deploy electric vehicle charging stations at the latter's commercial and passenger vehicle zones across India. Tata Power and Apollo Tyres have announced a strategic partnership in this regard, a statement said. Tata Power has a presence across all the segments of the EV charging ecosystem and has deployed all types of chargers DC 001, AC, Type2, Fast DC chargers up to 50kwh and up to 240kwh chargers for buses. "We are glad to partner with Apollo Tyres for the deployment of EV charging stations across their commercial & passenger vehicle zones. This partnership reflects our commitment to developing and expanding the electric vehicle ecosystem in the country," Praveer Sinha, CEO and MD of Tata Power, stated. Based on location, this classification of chargers will support EV charging for two-wheelers and four-wheelers, respectively. As per the agreement between Apollo Tyres and Tata Power, the latter will set up Charging Stations at 150

Eicher Motors Q2 consolidated net profit rises 9% at Rs 373 crore

Total revenue from operations during the quarter stood at Rs 2,249.56 crore as against Rs 2,133.6 crore in the year-ago period

Auto registrations drop 5.27% YoY in Sept, decline sharper over 2019: FADA

YoY decline during the month was mainly due to an 11.5% and 23% drop in two-wheelers and tractor sales, respectively

Retail vehicle sales in August rose 14%, CV sales up 98%

Dealers registered a 14.48 per cent rise in total retail sales of vehicles in August 2021, compared to the same month last year.

Pick up in economic activities boosts freight rates, CV sales in August

For the first time since Covid outbreak, revenue of the operators is outpacing income and prompting them not only to replace older trucks but also expand fleet

TVS Motor total sales dip 26% in April at 2,38,983 units

TVS Motor Company on Monday said its total sales stood at 2,38,983 units in April, down by 26 per cent from 3,22,683 units in March

Bajaj Auto sells 1,34,471 units in domestic market in April

Bajaj Auto on Monday said it sold 1,34,471 units of two-wheelers and commercial vehicles in the domestic market in April

M&M reports sale of 40,403 units in March, exports stand at 2,126 units

Mahindra & Mahindra (M&M) on Thursday said it has sold a total of 40,403 units in March. The company had dispatched 6,679 units in March 2020 amid sales disruptions due to COVID-19 pandemic. The Mumbai-based automaker sold 16,700 passenger vehicles last month in the domestic market. It had dispatched 3,383 units in March 2020. It sold 21,577 commercial vehicles in the domestic market last month. The company had dispatched just 2,742 units in March 2020 due to coronavirus-led lockdown. "At Mahindra we are witnessing very good momentum in demand and have a strong pipeline of bookings across our SUV range of Bolero, Scorpio, XUV300, All-New Thar and also the Bolero Pik-up," M&M Automotive Division CEO Veejay Nakra said in a statement. In fact Bolero volumes for March have been the highest in this financial year and despite supply constraints the company has been able to ramp up production of Bolero Pik-up significantly during the month, he added. "We expect supply challenges .

Tata Motors reports sale of 66,609 units in domestic market in March

Total passenger vehicle sales last month stood at 29,654 units. The company had sold 5,676 units in March 2020

Tata Motors expects its CV sales to grow by over 36-38% in FY22

New launches, economic recovery and government spending on infrastructure to drive growth, says Girish Wagh

Ashok Leyland's M&HCV truck sales rise 44% in February, bus sales fall 84%

The company's light commercial vehicle sales rose by 46 per cent to 5,662 units from 3,867 units in the year ago period

Shortage of semiconductors, price hikes pull January auto sales into red

Dec had seen sales grow for 1st time this FY, which dealers called a one-off

CV wholesales in December outperformed in both, M&HCV and LCV segments

Demand for M&HCV segment is coming close to the pre-Covid level of 2019 but is still far below the 2018 level