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5 Top CV Makers In November 2022

Published On Dec 11, 2022 12:10 PMBy Trucksdekho Editorial Team

Here are the top truck makers as per the FADA retail sale data for the month. 

The Federation of Automobile Dealers Associations released Vehicle Retail Data for November 22. The data indicates a strong demand for commercial vehicles across all segments of the market. The total retail sale of commercial vehicles stands at 79,369 units, up by 33% (November 21:59,765). The segment break-up is LCV: 46,836, MCV:4,776, and HCV: 25,035 units, growing by 23%, 12%, and 61%, respectively.

The 5-top commercial vehicles/Trucks brands recorded strong growth across their portfolio registering an uptick in the overall number in the month. 

Tata Motors maintains the lead over rivals, garnering the bulk of the sale across key categories of trucks, a retail volume of 30,282 units the month that translates into a 38% market share in the overall CV sector. 

The second largest player is Mahindra, predominantly a key player in the small and light commercial vehicle segment of the industry. Thanks to the popular mini-trucks and iconic Bolero Pikup range. The firm retails a total of 20,081 units in the month taking a 25.3% market share. 

The Chennai-based Ashok Leyland stays at number third position with a total retail sale of 13,084 units in the month with an overall market share of 17%.

The major Light and medium-duty truck maker, Eicher Trucks is at the 4th spot with a total volume of 5,270 units of retail sale volume in the month, which gives it a 7% market share in the overall CV volume of the industry. 

India’s top passenger vehicle maker, Maruti Suzuki is India’s 5th largest CV maker with a monthly retail volume of 3,828 units in the month. With just one product- the popular mini-truck Super Carry, the firm gets a market share of 5% in the overall CV market of India. 

Visit TrucksDekho for all your truck buying. Explore top trucks, and brands, compare and get to know on-road prices, calculate EMI, deals on finance, etc. 

Also Read

Highest-ever automotive retail sale recorded in November 2022 

Bajaj Auto posts a strong auto-rickshaw sales in November 2022

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