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M&HCV sales fall sharply in April 

Heavy discounting in March 2017 to clear BS III stock, a price hike for BS IV-compliant trucks from April 1 and delayed purchase decisions have resulted in a marked fall in monthly sales.

By Kiran Bajad calendar 03 May 2017 Views icon8932 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
M&HCV sales fall sharply in April 

The first month of 2017-18 has not been a positive one for the commercial vehicles sector. All the manufacturers have recorded negative growth in the month, and the medium and heavy commercial vehicle (M&HCV) sector is clearly under pressure as sales have fallen as high as 35 percent. Heavy discounting in March 2017 to clear BS III stock, implementation of BS IV emission norms from April and the subsequent price increase in vehicles has resulted in sharp fall in sales.

Market leader Tata Motors saw its overall sales fall by 36 percent in April. The company says this is ...

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