
Commercial vehicles sales volume India FY 2012-2022
Tata Motors dominated the market with a share of over 37 percent. The overall economic slowdown due to the impact of coronavirus (COVID-19), transition to BS-VI emission standards, and revised axle load norms were some of the contributing factors for the two consecutive years’ decline of sales volume in this sector.
In financial year 2022, around 716 thousand units of commercial vehicles were sold across India. It was the lowest since 2012.