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From Ashok Leyland to VECV, busmakers' sales entered the fast lane in 2023

The demand for buses largely remained robust in 2023, driven by the increasing need for public mobility and replacement.

Ashok Leyland Limited (ALL) recorded a 64 per cent year-on-year increase in sales of medium and heavy commercial vehicle (MHCV) buses during the April-to-December period of 2023 to 11,216 units.

Volvo Eicher Commercial Vehicles (VECV) posted 24.7 per cent sales growth between April and December for light and medium-duty buses, and 36.9 per cent growth for heavy-duty buses. ....

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CV makers brace for sluggish demand in the fourth quarter

Volumes are expected to remain subdued in the fourth quarter on a YoY basis, driven by the pause in infrastructure activities as the model code of conduct kicks in before the Lok Sabha elections. ....

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Tata Motors sales up 4% to 76,138 units in Dec 2023, Auto News, ET Auto

Tata Motors Sales: Passenger Vehicles (PV) sales, including electric vehicles, in the domestic market stood at 43,470 units last month as against 40,043 units in December 2022, up 9%, the company said. ....

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Milestone unlocked: Annual passenger vehicle sales in India surpass 4 million mark in CY23, ET Auto

India Auto Sales: Sales of cars, sedans, and utility vehicles in India reached a record four million units in 2023, marking an 8.2% increase from the previous year. The industry saw a 4.4% growth in dispatching 287,904 units from factories to dealerships, the highest-ever reported for December. Retail sales were also higher at 442,800 units, bringing down stocks in the industry. ....

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Tata Motors zooms to fresh lifetime high on 5% rise in Dec sales

Shares of Tata Motors have scaled greater all-time highs in the past five sessions of the back of its strong growth prospects. ....

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