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Commercial Vehicle Retail Sales Statistics – August 2020

Mahindra was India’s Top Commercial Vehcile  maker for August 2020 and it commanded a market share of 40.68%. Mahindra’s Market Share improved a phenomenal 17.1% in Aug’20 v/s Aug’19!

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 -57.4% YoY and only 26,536 CVs were registered in August 2020.

OEM wise CV Sales / Registrations for August 2020 –

  1. Tata Motors CV sales fell by -73.2% and it lost Market Share of -15.9%. Tata’s loss was Mahindra’s gain!

  2. Ashok Leyland degrew -70.5% YoY and its market share fell by -4.7%

  3. 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 3.26% in Aug’19 to 6.69% in Aug’20.

Statewise CV Sales for August 2020 – 

  1. Tamil Nadu was India’s largest CV consumer and around 3,832 CVs were registered in August 2020.

  2. Maharashtra came in a close second and 3,654 units were retailed in August 2020. UP ranked third in the list and 2,625 CVs were sold in August 2020.

  3. The Top 5 states contributed to almost 54% of the overall CV sales. Also 80% of the CVs were sold in the Top 10 states!


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