Tata Motors, Mahindra CV sales begin FY2020 in slow lane

After selling a million units for the first time ever in a single year in FY2019, commercial vehicle (CV) sales have turned uncertain in the first month of FY2020. Market leader Tata Motors and challenger brand Mahindra Truck & Buses’ sales in April 2019 saw de-growth while those of Ashok Leyland and VE Commercial Vehicles remained in positive territory.

While FY2020 is expected to end on a good note mainly due to aggressive pre-buying ahead of BS VI emission norms kicking in from April 2020, the fact of the matter is that the road to end-FY2020 is going to be ...