Commercial Vehicle Retail Sales Statistics – July 2020

The Commercial Vehicle sales has been under tremendous pressure since FY2020 and this year the volumes have dipped to all time low levels. The Commercial Vehicle registrations dipped by -72.2% YoY and only 19,293 CVs were registered in July 2020.

OEM wise CV Sales / Registrations for July 2020 –

Source: FADA Research
  • Mahindra was India’s Top CV maker for July 2020 and it commanded a market share of 46.29%. The OEM however degrew -48%.
  • Tata Motors CV sales fell by -85.4% and it lost Market Share of -19.1%. Tata’s loss was Mahindra’s gain!
  • Ashok Leyland degrew -85.9% YoY and its market share fell by -8.1%
  • Maruti Suzuki has been able to catch up well and increased its market share solely on a single model (Super Carry). Maruti’s Market Share increased from 3.18% in July’19 to 8.39% in July’20.




Statewise CV Sales for July 2020 – 

Source: FADA Research
  • Maharashtra was India’s largest CV consumer and around 2,317 CVs were registered in July 2020.
  • Tamil Nadu came in a close second and 2,278 units were retailed in July 2020. UP ranked third in the list and 2,121 CVs were sold in July 2020.
  • The Top 5 states contributed to almost 52% of the overall CV sales. Also 80% of the CVs were sold in the Top 10 states!

NOTE: 

  1. The statistics are referred from FADA (Federation of Automobile Dealers Associations) July’20 Vehicle Registration Data. FADA Institute of Automobile Marketing & Research has compiled the data accordingly.
  2. The above numbers do not have figures from AP, AN, MP, LD & TS as all these States/UT’s are not yet on Vahan 4.
  3. Vehicle Registration Data has been collated as on 07.08.20 and in collaboration with Ministry of Road Transport & Highways, Government of India and has been gathered from 1,235 out of 1,445 RTOs.

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