The commercial vehicle industry witnessed a decline of 1 percent in overall sales for February 2025.

A total of 79,883 units were sold last month across segments as compared to 80,954 units for the same period last year.

The country’s largest CV maker Tata Motors reported a 8 percent decline in overall sales, with SCV Cargo and Pickup segment witnessing the sharpest drop (-20 percent YoY). The ILMCV Trucks segment, however, showed growth at 11 percent.

Mahindra & Mahindra reported a 4 percent increase in total sales, driven by a 9 percent rise in LCV (2T-3.5T) and a 23 percent jump in LCV >3.5T & M&HCV. However, the LCV < 2T segment dropped 21 percent.

Ashok Leyland experienced modest growth (2 percent overall), with M&HCV Trucks (+1 percent) and LCV (+5 percent) offsetting the M&HCV Bus decline (-5 percent).

Volvo Eicher Commercial Vehicles grew 6 percent YoY, indicating steady demand.

The slight market decline was led by weaker small commercial vehicle (SCV) and passenger carrier demand, affecting Tata Motors significantly. However, medium & heavy commercial vehicle (M&HCV) trucks and LCVs in the 2T-3.5T range showed resilience, benefiting Mahindra & Mahindra and Ashok Leyland.

While challenges remain in certain segments, sustained growth in the LCV and HCV categories suggests stable demand in core logistics and transportation sectors.

Representational image: IEA

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Pune-headquartered automotive major Force Motors has reported domestic wholesale growth of 49 percent in December 2025, reaching 2,952 units compared to 1,985 units in December 2024.

The automaker stated that for YTD FY2026 it sold 24,920 units, marking a 25 percent growth over the same period last year.

Quarterly performance showed momentum with Q3 domestic wholesales rising 47 percent to 8,427 units, up from 5,723 units in the corresponding quarter. The company attributed these figures to demand across its vehicle platforms, specifically the Traveller and Urbania ranges. According to the company, the tour and travel segment is showing signs of revival through fleet expansion and intercity movement, while school mobility remained steady.

Prasan Firodia, Managing Director, Force Motors, said, “December has been another strong month for us, and it is encouraging to see positive momentum across our core platforms. We are beginning to witness clear signs of revival in the tour and travel segment, supported by rising intercity movement and renewed fleet expansion. School mobility has also remained steady through the holiday period, reflecting growing institutional confidence as we head into the new year. The continued traction for Urbania across urban and emerging markets, along with the commanding market leadership of the Traveller range, underscores the trust customers place in Force Motors. Together, these trends point to a broad-based strengthening of demand and give us a solid foundation as we step into 2026”.

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Mumbai-headquartered Tata Motors has reported its domestic commercial vehicle (CV) sales of 107,918 units for Q3 FY2026, which marks an 18 percent YoY growth, as compared to 91,260 units sold last year.

For December 2025, domestic CV sales stood at 40,057 units, up 24 percent YoY, over 32,369 units sold a year ago.

On the other hand, the company sold 2,451 units in the international market, up 63 percent YoY.

Girish Wagh, MD & CEO, Tata Motors, said, “The sales momentum ignited by GST 2.0 and the festive surge in Q2FY26 continued into Q3FY26, driving growth and lifting overall sentiment of the commercial vehicles industry. Tata Motors registered double-digit sales growth in Q3FY26, powered by a strong rebound in construction and mining activity post the extended monsoon, along with sustained demand from core sectors and auto logistics. Continued strength in SCVs and Pickups further amplified performance, resulting in wholesales of 115,577 units, with 21 percent YoY  growth over Q3FY25 and 22 percent sequential growth over Q2FY26. Going forward, we expect demand to strengthen in Q4FY26 across most commercial vehicle segments. Key drivers in 2026 will include the government’s sustained infrastructure push and expansion in end-use sectors, both of which are expected to fuel positive momentum for the industry. With an optimised portfolio ensuring superior product availability, a decisive pricing strategy, and deeper customer engagement through intensified market activations, Tata Motors is well-poised to unlock demand across segments, paving the way for continued success.”

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Chinese automotive major Dongfeng Motor Industry (DFMIEC) has launched the Dongfeng X9 fuel tractor in Vietnam.

The company showcased the X9 tractor alongside other models, including the X7 tractor, X3 tractor and various cargo trucks.

The event included technical briefings on the fuel performance and mechanical specifications of the X7 and X3 models. Currently, Dongfeng tractors rank among the top five CV players in the Vietnamese market. The introduction of the X9 is intended to expand the company's product matrix as the local government seeks to reduce logistics costs and transition towards high-quality transport infrastructure.

Wang Long, Chairman of DFMIEC, said, “Vietnam is one of the most dynamic and promising countries in the ASEAN region, with its industrialisation and urbanisation processes accelerating continuously, bringing broad growth space for the logistics industry. Driven by three major favourable factors – the expansion of infrastructure and logistics networks, the transfer of manufacturing industries and the rapid development of the digital economy, the market demand for logistics and transportation vehicles has maintained a steady growth. DFMIEC will move forward hand in hand with its partners to contribute to the development of Vietnam's transportation industry.”

The principal of the Vietnamese partner noted that the collaboration has reached a deeper level with the arrival of the X9. Dongfeng plans to continue its international strategy by investing in localised development and expanding its overseas footprint. The company intends to focus on resource investment to support the upgrading of the logistics sector in the ASEAN region.

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The State Express Transport Corporation (SETC) of Tamil Nadu has launched its intercity transport service with the induction of 20 Volvo 9600 15-metre seater coaches. The fleet was flagged off by the Chief Minister of Tamil Nadu, M K Stalin, at Island Grounds, Chennai.

The move is part of the state government's programme to upgrade public transport and provide long-distance travel options. The ceremony was attended by transport officials and government dignitaries, including the Minister for Transport, S S Sivasankar.

The Volvo 9600 coaches are manufactured at Volvo Buses India’s facilities and represent the current generation of the company’s bus range in the country.

The buses have a 51-seat layout designed for long-haul operations. Each unit is fitted with seats featuring calf support. It is engineered for ride quality, safety and operational reliability.

The coaches will operate on several major routes within Tamil Nadu and to neighbouring states, including:

• Chennai to: Coimbatore, Bengaluru, Tiruppur, Salem, Thanjavur, Trichy, Nagercoil and Tiruchendur.
• Inter-regional: Coimbatore–Bengaluru and Trichy–Tiruchendur.

Suresh Chettiar, Executive Vice-President – Bus Division, VE Commercial Vehicles, said, “We are proud to partner with SETC and the Government of Tamil Nadu in strengthening Tamil Nadu’s intercity transport ecosystem with the induction of Volvo 9600 coaches. These buses are engineered to deliver world-class comfort, safety, and operational reliability, supporting SETC’s vision of providing a superior travel experience to passengers while raising benchmarks for public transport in Tamil Nadu.”

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