New product launches, a good and timely monsoon, government initiatives in infrastructure, opening up of businesses and festive purchases have been the notable ingredients that have lifted the confidence and mood of buyers of commercial vehicles last month.
And if figures are to go by, Tata Motors, in its domestic CV segment recorded a total of 29,313 unit sales in August 2022. This figure represents 12 percent growth over August last year when it sold 26,172 units.
According to the company, within the commercial vehicle segment, it notched sales of 8,727 units in August 2022 for MHCV category -- a growth of 49 percent when compared to 5,840 units during corresponding period last year.
Likewise, ILCV wholesales figures stood at 4,106 units registering an 11 percent decline over 4,627 units in August 2021.
The brand's passenger carrier segment grew by 170 percent to 2,299 units when compared with 850 units during the comparable period.
This story is from the 15th September 2022 edition of Autocar Professional.
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This story is from the 15th September 2022 edition of Autocar Professional.
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