CV sales lacklustre in April
April CV sales 30 percent lower compared to March 2022.
India’s CV sales for the first month of the fiscal were 63,245 units, 67 percent higher albeit on a low-year ago base, but 30 percent lower compared to March 2022. Tata Motors reported wholesales of 29,880 units (+109% YoY) compared to 44,425 units in the previous month. The company saw CV sales increase across all segment including passenger carriers and SCVs. Domestic sales of the MH&ICV in April 2022, including trucks and buses, stood at 12,069 units, compared to 6,466 units in April 2021.
Mahindra Truck & Bus reported wholesales of 17,402 units, which was 23 percent higher YoY, but ...
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