March 2020 Commercial Vehicle sales, exports and production figures

wheelguy · 21st April 2020, 11:06

March 2020 Commercial Vehicle sales, exports and production figures-production.png

March 2020 Commercial Vehicle sales, exports and production figures-exports.png

Commercial vehicles domestic sales fell by 88%, production by 83%, and exports degrew by 65%.

Tata Motors, M&M, and Ashok Leyland were the top 3 players of CV industry with each commanding 41%, 18%, and 14% market share respectively. VECV with 11% market share is not far away from the 3rd position.

Maruti Suzuki with Super Carry is making silent inroads into the CV space. Can be a serious contender in the small commercial vehicle space which was created by entry of Tata Ace, remember Tata was the 1st to enter/create the sub-4m sedan which later it lost to Maruti, same may happen now in CV space too if it doesn't protect its turf. Maruti is not an ignorable player by any means.

While all the OEMs saw a decline in exports numbers, Isuzu and Force were the only manufacturers to record positive numbers in exports this March.

Source

GTO · 22nd April 2020, 14:13

Due to the virus' impact on the economy, the outlook for commercial vehicles is quite grim.

On the positive side, it's interesting to note what Maruti is to hatchbacks, Tata is to commercial vehicles and Mahindra to tractors (link). We could also say that Ashok Leyland is the "Hyundai" of the CV sector.

vharihar · 23rd April 2020, 13:19

The AL production degrowth percentage looks incorrectly calculated, if the production numbers are correct.

PetrolheadRup · 23rd April 2020, 13:34

Quote:

Originally Posted by vharihar

The AL production degrowth percentage looks incorrectly calculated, if the production numbers are correct.

March production numbers should be 1,166 instead of 11,166 and then the percentage decrease comes out to be correct.

21st April 2020, 11:06	#1
wheelguy BANNED Join Date: Jul 2019 Location: Earth Posts: 1,745 Thanked: 8,878 Times	March 2020 Commercial Vehicle sales, exports and production figures Commercial vehicles domestic sales fell by 88%, production by 83%, and exports degrew by 65%. Tata Motors, M&M, and Ashok Leyland were the top 3 players of CV industry with each commanding 41%, 18%, and 14% market share respectively. VECV with 11% market share is not far away from the 3rd position. Maruti Suzuki with Super Carry is making silent inroads into the CV space. Can be a serious contender in the small commercial vehicle space which was created by entry of Tata Ace, remember Tata was the 1st to enter/create the sub-4m sedan which later it lost to Maruti, same may happen now in CV space too if it doesn't protect its turf. Maruti is not an ignorable player by any means. While all the OEMs saw a decline in exports numbers, Isuzu and Force were the only manufacturers to record positive numbers in exports this March. Source Last edited by wheelguy : 21st April 2020 at 11:08.
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22nd April 2020, 14:13	#2
GTO Team-BHP Support Join Date: Feb 2004 Location: Bombay Posts: 70,547 Thanked: 300,880 Times View My Garage	Re: March 2020 Commercial Vehicle sales, exports and production figures Due to the virus' impact on the economy, the outlook for commercial vehicles is quite grim. On the positive side, it's interesting to note what Maruti is to hatchbacks, Tata is to commercial vehicles and Mahindra to tractors (link). We could also say that Ashok Leyland is the "Hyundai" of the CV sector.
	(1) Thanks

23rd April 2020, 13:19	#3
vharihar BHPian Join Date: Jan 2008 Location: Bangalore Posts: 948 Thanked: 1,523 Times	Re: March 2020 Commercial Vehicle sales, exports and production figures The AL production degrowth percentage looks incorrectly calculated, if the production numbers are correct.
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