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Domestic demand lifts commercial vehicle sales in April, export pressures persist

Domestic demand lifts commercial vehicle sales in April, export pressures persist

by AIP Online Bureau | May 4, 2026 | Data, Eco/Invest/Demography

Ashok Leyland reported total vehicle sales of 14,646 units in April 2026, marking a 9 per cent rise over 13,421 units in the same month last year. Domestic sales stood at 14,242 units, up 14 per cent from 12,509 units. New Delhi: India’s commercial vehicle...
India’s commercial vehicle volumes to hit 12.4 lakh units in FY27 surpassing previous peak: Crisil

India’s commercial vehicle volumes to hit 12.4 lakh units in FY27 surpassing previous peak: Crisil

by AIP Online Bureau | Apr 25, 2026 | Data, Eco/Invest/Demography, Non-Life

The industry’s domestic recovery in FY26 was driven by multiple factors, including the GST rate cut from 28 per cent to 18 per cent in September 2025, which improved purchase economics and unlocked deferred demand. Easing interest rates, better freight...
India’s commercial vehicle industry entering early stages of a cyclical recovery

India’s commercial vehicle industry entering early stages of a cyclical recovery

by AIP Online Bureau | Jan 26, 2026 | Data, Eco/Invest/Demography, Policy

“Our analysis shows a clear improvement in fleet operator economics driven by lower GST cuts and better freight rates, leading to higher profitability. We have been positive on the sector given the strong potential of a CV upcycle and improving demand...
Commercial vehicle segment sees broad-based recovery in October, aided by infra push and festive logistics: Report

Commercial vehicle segment sees broad-based recovery in October, aided by infra push and festive logistics: Report

by AIP Online Bureau | Nov 8, 2025 | Data, Eco/Invest/Demography, Non-Life

The growth was primarily led by strong demand in the light commercial vehicle (LCV) 2T-3.5T segment, which rose 13.8 per cent, aided by improved rural activity and festive season logistics New Delhi: The commercial vehicle (CV) segment witnessed a broad-based recovery...

Rising ownership costs to hurt India’s commercial vehicle volume growth: Fitch

by AIP Online Bureau | Sep 18, 2023 | Data, Eco/Invest/Demography, Non-Life

The ratings agency said increasing regulatory requirements, elevated inflation and high interest rates have pushed up the ownership costs, thereby weighing on purchase decisions Rising ownership costs to hurt India’s commercial vehicle volume growth: FitchGrowth...
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