The total sales of Commercial Vehicles for the month of November stands at 450,079 units for the year 2012. This is 2.45% better than the sales figures for the same month last year which was 439,304 units. Once again the Commercial Vehicle sector is largely influenced by the positive sales figures of LCV segment, while M&HCV still continues to struggle to make any positive impact.
Sales of M&HCV for November 2012 is at 19.95% decrease with 148,218 units sold compared to 185,175 units sold in same month of the last year. LCV figures at 301,861 units sold this November which is 18.78% high than the 254,129 units sold during November 2011.
Among the major players in Indian market TATA Motors managed to sell 44,323 units, compared to 44,732 vehicles, sold in November last year. It is evidently notable that the sales of M&HCV came down remarkably by 40% ; 9495 units were sold in November ’12 compared to 16,064 units in November ’11. LCV sales were 34,828 nos., compared to 28,673 vehicles sold in November last year which is a 20% rise.
Ashok Leyland’s total sales fall by 6% this November. Total Sales at 7370 units for November ‘12 which was 7875 units last year. Dost continues its good performance in the market with 2888 units sold this November compared to a 814 units last year. VECV on the other side made a 7.79% rise for November sales with 3,418 units against 3,171 units sold last for same time last year. For M&HCV the sales went down by 9.2% managing to sell 504 units which was 555 units for last year’s November. LCV segment at 4.99% increase with 2,485 units for November ’12 against 2,367 units the previous year.
