Indian Bus Market Analysis of LCV and M&HCV segment Feb 2016

LCV and M&HCV Bus segment showed double digit growth in Feb 2016. M&HCV Bus segment increased its segment share and LCV Bus segment lost its segment share.

Indian LCV and MCV Bus segment analysis feb 2016LCV 12%, M&HCV 27% and total Bus market showed 19% growth.

Indian m&HCV Bus segment analysis Feb 2016

Impressive performance by Eicher and Ashok Leyland by showing 92% and 70% growth.

Market Share:

Indian m&HCV Bus segment Market share Feb 2016Tata Motors gained around 14% market share, Ashok Leyland lost around 12% market share.

LCV Bus Segment:

Indian LCV Bus segment analysis Feb 2016

Force Motors is the market leader in LCV Bus segment. Except SML Isuzu, all Bus players showed growth.

Indian LCV Bus segment Market share Feb 2016

Source: ACG, SIAM, Company

Leave a Comment