M&HCV Sales Snapshot – Oct’18

  • The above data is for Medium & Heavy Commercial Vehicle OEMs (Load + Passenger combined).
  • The M&HCV Industry grew a healthy 18% in Oct’18 v/s Oct’17! The YTD statistics is even better; the industry grew a stellar 43% in FY18-19 v/s FY17-18!
  • Tata Motors is the Maruti of the segment! It enjoys a market dominance of over 54% and is the clear leader in the Industry.
  • Ashok Leyland is distant second and is the only ‘REAL’ competition to Tata! It enjoys a market share of 29.4%. The market share of Tata + Ashok Leyland is 83.6%! The remaining pie is distributed among the smaller players like Volvo Eicher, Mahindra, Isuzu & Volvo India.

5 thoughts to “M&HCV Sales Snapshot – Oct’18”

  1. Thanks for sharing MHCV data (I presume it is 12 ton onwards). Will you also share LCV and ICV (0.5 t to 11 ton) data from now on? Bharatbenz and AMW data is available in public domain. You can compile same as well.

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