New Delhi, April 1
The Indian commercial vehicle (CV) market displayed mixed trends in the month of March, with Tata Motors reporting a decline in sales while Ashok Leyland and Eicher Motors registering growth.
Tata Motors saw a 3 per cent drop in total CV sales, with 41,122 units sold in March 2025, compared to 42,262 units in the same month last year.
Meanwhile, Ashok Leyland's sales rose by 6 per cent, and Eicher Motors witnessed a 7.6 per cent increase, driven by strong domestic and export performance.
Tata Motors' overall sales for Q4 FY25 also declined by 5 per cent to 252,642 units, compared to 265,090 units in the same quarter of the previous fiscal.
The company's total sales in FY25 remained lower than the previous year, as per its stock exchange filing on Tuesday.
Breaking down the performance by category, Tata Motors' commercial vehicle segment saw mixed results.
Heavy commercial vehicles (HCV) sales remained stable with a slight 1 per cent increase, while small commercial vehicles (SCV) and pickups saw a sharp 17 per cent decline.
On the other hand, light and intermediate commercial vehicles (ILMCV) posted a 6 per cent growth in March 2025 compared to the previous year.
In the domestic market, Tata Motors' total sales stood at 90,500 units in March 2025, showing no major change from the 90,822 units sold in March 2024.
Tata Motors' passenger vehicle (PV) sales also witnessed a decline, dropping by 6 per cent YoY in Q4 FY25 to 146,999 units from 155,000 units in the previous year.
In contrast, Ashok Leyland reported a 6 per cent growth in total CV sales, reaching 24,060 units in March 2025. However, its full-year sales for FY25 remained flat at 1,95,097 units.
Eicher Motors' commercial vehicle segment showed strong momentum, with a 7.6 per cent rise in March 2025 sales.
The company's domestic sales grew by 6.3 per cent, while exports surged by 44.3 per cent compared to the previous year.
— IANS
Reader Comments
Interesting to see how the CV market is shifting! Ashok Leyland and Eicher seem to be making smart moves while Tata struggles with their SCV segment. That 17% drop is concerning. Maybe time for some product refreshes?
Eicher's export numbers are impressive! 44.3% growth shows they're making global inroads. 🇮🇳🚛 #MakeInIndia
Not surprised by Tata's decline. Their service network needs improvement compared to competitors. I switched to Ashok Leyland last year and haven't looked back.
The mixed results show how complex the CV market is right now. While some segments decline, others grow. Would love to see more analysis on what's driving these trends - is it fuel prices, new models, or something else?
Respectful criticism: The article could benefit from more context about industry-wide trends. How does this compare to the overall CV market growth/decline? Still, useful data points!
As a small business owner, I've noticed Tata's SCV prices have gone up while quality hasn't improved much. Maybe that explains their sales drop? We're considering switching brands for our delivery fleet.
We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.