Infra projects, e-commerce drive December CV sales December

The December sales numbers indicate slight improvement in the demand for commercial vehicles in the country. Though Covid-led challenges and semi-conductor crunch continues, the CV segment clocked 7 percent higher sales YoY at 63,631 units. Even on a month-on-month comparison, the December sales are 14 percent higher compared to November, 2021.

Tata Motors’ reported wholesale of 31,008 units in December, compared to 29,885 units for the same period last year. On a quarterly basis, Tata Motors’ commercial vehicle domestic sale in Q3 FY2022 at 90,529 units was around 15% higher than the previous quarter (Q2 FY22) and 10% ...