Indian truck market showed 20% growth in Feb 2016. VECV Eicher registered impressive growth of 47.% percent and AMW registered around 98% de growth in Feb 2016.
Tata Motors, Mahindra, Ashok Leyland, SML Isuzu, Force Motors showed growth in Feb 2016.
VECV market share increased by around more than 1%.
M&HCV segment of Truck continously showing growth.
Market Share M&HCV:
Top Three players of this segment increased their market share by 1%.
LCV Segment Sales trend:
Source: ACG, Company and SIAM