CV industry firing on all cylinders, Tata Motors leads gains in H1 FY2019

With six months of fiscal year 2019 over, vehicle makers and industry observers in India are taking a close look at the road ahead. Overall September 2018 numbers, based on robust year-ago sales, are low but also indicate moderation in some segments, particularly passenger cars, utility vehicles and scooters. Clearly, OEMs are looking forward to the festive season to inject some much-needed oomph into the market.

In sharp contrast to this somewhat tepid show is the commercial vehicle (CV) industry which is firing on all cylinders. Having closed FY2018 on a very strong note (856,453 units / ...