Autobei Consulting Group releases Market Update report of Indian Commercial Vehicle Industry Analysis. It includes Truck and Bus Segment, Small Commercial Vehicle, Light Commercial Vehicle, Medium Commercial Vehicle and Heavy Commercial Vehicle.
Nov 2016 CV Market Updates:
- Overall CV segment showed de-growth of 11.6%
- LCV Bus segment registered double-digit de-growth
- M&HCV Bus segment showed excellent growth of 39.6%
- M&HCV & LCV Truck segment showed double-digit de-growth
- Due to demonetization, the business sentiments is slow