October sees CV sales revive but record high diesel prices could spoil rally

Finally there is light in the tunnel for the burgeoned commercial vehicle sector or is it a temporary spurt? It is a difficult question to answer for most OEMs, but each one is hoping that the sales recovery is part of the sustained recovery in the CV segment. For the month of October, overall wholesales were 61,209 units (October 2020: 59,350 units) which was 3 percent better YoY, but 10 percent lower compared to September 2021.

What’s interesting to note is that while the sales in the M&HCV segment are plodding their way upwards, the small CV segment continues ...