Tata Motors Commercial Vehicle Sales Jump 12% In Q2 FY2026 Amid Festive Demand

Tata CV

Tata Motors has announced strong commercial vehicle sales for Q2 FY2026, with total domestic and international sales reaching 94,681 units. This marks a substantial 12 percent increase compared to the 84,281 units sold in Q2 FY2025.

The surge was particularly pronounced in September 2025, which saw a 19 percent YoY increase with 35,862 units sold, up from 30,032 units in September 2024. The company's international business grew significantly with a massive 75 percent growth for the quarter.

Across the second quarter, several segments reported double-digit growth. Small Commercial Vehicle (SCV) Cargo and Pickup grew 11 percent to 34,732 units in Q2 FY2026 (up from 31,399 units in Q2 FY2025). This portfolio saw exceptional performance in September 2025, recording a 30 percent YoY increase.

Intermediate and Light Commercial Vehicle (ILMCV) Trucks also performed strongly, with sales rising 15 percent to 16,845 units for the quarter. The heavy commercial vehicle (HCV) trucks segment posted a modest 5 percent growth, selling 24,056 units in Q2 FY2026. Passenger Carriers grew 5 percent for the quarter, reaching 11,428 units.

Overall domestic sales for commercial vehicles rose 9 percent to 87,061 units in Q2 FY2026, up from 79,931 units in Q2 FY2025.

Girish Wagh, Executive Director, Tata Motors, acknowledged the volatile market conditions but expressed optimism about the company's swift response and future outlook.

“Q2 FY2026 was a mixed quarter for the commercial vehicles industry, start marked by subdued market conditions and ending with a promising resurgence in demand. While July faced headwinds due to monsoon and August reflected cautious sentiment ahead of the GST 2.0 rollout, the onset of the festive season and lower GST rates from late September brought a good recovery in sales, bookings and sentiment," Wagh stated.

He further elaborated on the strategies that led to the strong September performance.

"Following the GST reduction announcement, we acted swiftly and decisively to capture the growth in demand—by enhancing product availability, sharpening our pricing strategy, and intensifying market activations. These initiatives helped us unlock demand across segments, making September our best-performing sales month in FY2026, driven by a strong 30 percent YoY growth in our SCV and PU portfolio led by the new launches, Ace Pro and Ace Gold+. Overall, in Q2 FY2026, Tata Motors Commercial Vehicles delivered sales of 94,681 units, registering a growth of 12 percent over the same period last year. We continue to build strong differentiation for our expansive range of trucks that now offer higher power output of up to 320hp. With smart engineering and a relentless focus on operational efficiency, our trucks remain the preferred choice for fleet owners seeking better performance, higher profits and long-term value.”

Looking ahead, the company anticipates continued growth, driven by key economic indicators and product pipeline.

"Looking ahead, with the festive season underway, improving consumption, and the full impact of GST reforms yet to unfold, we anticipate a strong second half for FY2026. Construction, infrastructure and mining activities will gain momentum, further fuelling demand for trucks and tippers. With a robust pipeline of upcoming launches, and a richer, more customer-aligned product portfolio, we are well-positioned to accelerate this momentum and drive meaningful, broad-based growth across all commercial vehicles segments,” Wagh concluded.

TATA COMMERCIAL VEHICLES
Category  Sept’25 Sept’24 % Q2 FY26 Q2 FY25 %
Change Change
HCV Trucks   9,870 9,295 6% 24,056 22,904 5%
ILMCV Trucks  6,066 5,387 13% 16,845 14,693 15%
Passenger Carriers   3,102 3,101 0% 11,428 10,935 5%
SCV Cargo and Pickup  14,110 10,848 30% 34,732 31,399 11%
Total CV Domestic  33,148 28,631 16% 87,061 79,931 9%
CV IB  2,714 1,401 94% 7,620 4,350 75%
Total CV  35,862 30,032 19% 94,681 84,281 12%

Tata Motors Partners UCO Bank For Commercial Vehicle Financing

Tata Motors CV - UCO Bank

Tata Motors, one of the leading commercial vehicle manufacturers, has inked a Memorandum of Understanding (MoU) with UCO Bank for financing solutions.

Through this collaboration, customers will have access to interest rates, loan approvals and processing. The agreement includes loan-to-value funding options and repayment tenures. The partners will coordinate across branches and dealerships to reach customers in urban and rural markets.

Shashikant Kumar, General Manager & Zonal Head – Mumbai, UCO Bank, said, “The signing of this Memorandum of Understanding with Tata Motors Limited marks another significant milestone in UCO Bank’s commitment to delivering innovative and customer centric financing solutions. Through this strategic partnership, we aim to provide seamless, competitive and timely financing for TATA Motors commercial vehicles, enabling entrepreneurs, fleet operators and businesses to expand with confidence.”

Rajesh Kaul, Vice-President & Business Head – Trucks, Tata Motors Ltd., said, “We are pleased to partner with UCO Bank to further strengthen the financing ecosystem for our commercial vehicle customers. Access to organised and competitive financing is a key enabler for our customers' growth, and UCO Bank's strong nationwide presence makes them an ideal partner in this endeavour. This MoU reinforces our commitment to delivering end-to-end solutions, from world-class vehicles to organised financing that empower our customers to grow their businesses with greater confidence and convenience.”

At present, Tata Motors’ product portfolio ranges from 1-tonne to 55-tonne cargo vehicles and 10-seater to 51-seater mass mobility solutions. The company provides services through its Sampoorna Seva 2.0 initiative, the Fleet Edge platform and a network of over 4,500 sales and service touchpoints.

Volvo 9600 Seater-Sleeper Coach Launched At Prawaas 5.0

Volvo 9600 Seater-Sleeper

Volvo Buses India, a business unit of VE Commercial Vehicles, has unveiled the Volvo 9600 Seater-Sleeper coach at the Prawaas 5.0 exhibition in Gandhinagar. It is designed to combine seating and sleeper configurations in a single platform for intercity, tourism and pilgrimage routes.

The 15-metre coach accommodates 51 passengers, featuring 24 upper-deck sleeper berths and 27 lower-deck seats equipped with calf support. It is powered by the Volvo VEDX8 engine and utilises an I-shift transmission. The interior includes an integrated kitchenette, an onboard toilet, mobile charging points and entertainment systems.

S S Gill, Chief Commercial Officer, VE Commercial Vehicles, said, “India's bus industry is evolving rapidly, with rising passenger expectations for premium travel experiences and operators seeking higher productivity and operational efficiency. At Volvo Buses India, we continue to shape the future of mobility by combining globally proven engineering with innovations that address evolving needs of the Indian market. The Volvo 9600 Seater-Sleeper expands our premium coach portfolio with a flexible solution that meets customer expectations for safety, comfort and luxury."

Suresh Chettiar, Executive Vice-President – Bus Division, VE Commercial Vehicles, added, "The Volvo 9600 platform has been widely appreciated for setting new standards in luxury, safety and passenger comfort. Building on that success, we are introducing the Volvo 9600 Seater-Sleeper to meet the growing demand for more flexible premium travel solutions. Featuring 24 upper sleeper berths and 27 premium lower-deck seats with calf support, the new coach enables operators to efficiently cater to both short- and long-distance routes while delivering an elevated travel experience for passengers."

The vehicle introduces safety features, including a 360-degree camera system and camera-based electronic rear-view mirrors. It also includes a tyre pressure monitoring system, a driver state monitoring system to detect fatigue and an alcohol interlock system. The coach is equipped with a telematics solution for real-time monitoring of vehicle location, performance and fuel consumption.

Prawaas 5.0

The Prawaas 5.0 exhibition, an event focused on the public transport industry, has opened at the Helipad Exhibition Centre in Gandhinagar, Gujarat. Scheduled from 9–11 July 2026, the exhibition is organised by the Bus & Car Operators Confederation of India (BOCI) to coincide with its 10th anniversary.

The event, held under the theme ‘Towards Safe, Smart & Sustainable Passenger Mobility,’ brings together manufacturers, technology providers, and operators. Exhibitors include companies such as Tata Motors, VE Commercial Vehicles, Daimler, JBM, Force Motors, EKA Mobility, Switch Mobility and Sun Mobility, among others.

The exhibition showcases a range of technologies and solutions across the transport value chain, including electric vehicles, charging infrastructure, fleet management systems and digital platforms. The event aims to serve as a platform for industry stakeholders, including fleet owners, state transport undertakings and policymakers, to discuss developments in the sector.

The inauguration was led by Miraben Patel, Mayor of Gandhinagar and Kaushik Jain, MLA of Dariapur. Over the three-day programme, the exhibition will host product launches, conferences and business meetings intended to facilitate collaboration within the passenger transport sector.

SWITCH Mobility Unveils EiV9 Electric Bus At Prawaas 5.0

Ganesh Maini, CEO, Switch Mobility

SWITCH Mobility has introduced the SWITCH EiV9, a 9-metre electric bus, at the Prawaas 5.0 exhibition in Gandhinagar. The e-bus is designed for city transit, employee transportation, and school mobility.

It uses a Permanent Magnet Variable Reluctance (PMVR) motor that provides 213 kW of peak power. The Switch EiV9 features battery pack options, regenerative braking and dual-gun CCS2 charging. Safety features include a Fire Detection and Suppression System (FDSS) and disc brakes on the front and rear axles. The passenger cabin is equipped with air suspension, seating and USB charging points.

Ganesh Mani, CEO, Switch Mobility, said, "The launch of the all-new Switch EiV9 marks an important milestone in our growth journey as we strengthen our presence across key public and institutional mobility segments. We see strong momentum in this category, with the 9m electric bus market expected to grow at a CAGR of nearly 34% by FY30, driven by increasing demand. The EiV9 has been purpose-built to deliver what operators value most: higher efficiency, superior passenger comfort, advanced safety and lower operating costs. It represents our commitment to developing solutions that not only accelerate the adoption of electric mobility but also create tangible business value for our customers. At Switch Mobility, we believe the transition to cleaner transportation will be driven by practical choices that make both environmental and economic sense. This philosophy is reflected in our new #SwitchKaro campaign, which encourages fleet operators and businesses to make the switch to smarter, more sustainable mobility solutions."