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The drop in sales volume is due to a slowdown in demand in both the medium and heavy commercial and light commercial vehicle segments, as well as on account of high inventory levels with dealers, CareEdge Ratings said in a statement.

Commercial vehicle sales volume to fall 3-6 % in FY25: Report 

The growth is driven by pent-up demand post GST, healthy replacement-led demand especially in Tractor Trailer segment owing to stricter implementation of CMVR regulations and pick-up in construction

Commercial vehicle sales growth outperform car sales in festive month of October

Car sales rose by 15% on good growth in the UV segment as price cuts due to implementation of GST fuelled growth.

Car sales rise by 15% in post-GST month of July: SIAM

Automobile sales in July saw a huge surge in sales due to the implementation of GST and higher wholesale sales due to stocking at dealership level.

GST gives good growth momentum to car sales in July

Automobile industry&nbsp;experts have said the Supreme Court's&nbsp;recent decision to ban BS III vehicles has resulted in commercial vehicle and two-wheeler makers to offer heavy discounts on their vehicles.&nbsp;

BSIII ban: Commercial vehicle makers are set to suffer more than two-wheelers

"Passenger vehicles growth was&nbsp;due to continued strong demand for the&nbsp;Tata Tiago. The company has also received an encouraging response to its recently launched&nbsp;lifestyle UV, Tata Hexa, " said Tata Motors.

Tata Motors' February sales rise 2% to 47,573 units 

Pravin Shah, President &amp; Cheif Executive (Automotive), M&amp;M said, “While we expected an improved auto industry performance on the back of the festive season and other positive parameters such as rural demand and interest rates softening, the sudden announcement of demonetisation has brought in an immediate disruption and uncertainty.”

 M&M's November sales decline 22% 

India's commercial vehicle sales likely to grow at low double-digit in FY17: Moody's 

Tata Motors sales up 8% to 48,648 units in September 

Hyundai Motor India Ltd (HMIL) also saw its car sales increase by 12.15&nbsp;%&nbsp;to 33,197 in July as against 29,599 units in the same month last year. The company saw its UV sales rise 15.93 to 8,004 units during the month from 6,904 units in July last year.

Domestic car sales rise 9.62% in July

A sharp revival in CV sales is often followed by a swift turnaround in the manufacturing sales.

A large rise in economic growth around the corner with increase in CV sales? 

This growth in sales was on the back of sales of utility vehicles (UV) which posted a 38.04% growth.

Passenger vehicle sales grows over 6% in Q1; CV rises 13%: SIAM

SIAM, in April, had revised downwards its growth forecast for passenger vehicle sales to 6-8% for the current fiscal.

Fitch keeps 'stable' outlook for auto sector on lower costs

commercial-vehicle-sales

The drop in sales volume is due to a slowdown in demand in both the medium and heavy commercial and light commercial vehicle segments, as well as on account of high inventory levels with dealers, CareEdge Ratings said in a statement.

The growth is driven by pent-up demand post GST, healthy replacement-led demand especially in Tractor Trailer segment owing to stricter implementation of CMVR regulations and pick-up in construction

Car sales rose by 15% on good growth in the UV segment as price cuts due to implementation of GST fuelled growth.

Automobile sales in July saw a huge surge in sales due to the implementation of GST and higher wholesale sales due to stocking at dealership level.

Automobile industry experts have said the Supreme Court's recent decision to ban BS III vehicles has resulted in commercial vehicle and two-wheeler makers to offer heavy discounts on their vehicles. 

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Commercial Vehicle Sales

Commercial vehicle sales volume to fall 3-6 % in FY25: Report

Commercial vehicle sales growth outperform car sales in festive month of October

Car sales rise by 15% in post-GST month of July: SIAM

GST gives good growth momentum to car sales in July

BSIII ban: Commercial vehicle makers are set to suffer more than two-wheelers

Tata Motors' February sales rise 2% to 47,573 units

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