Commercial Vehicle Sales Up 30.8 Per Cent In April-Nov

New Delhi, December 22: | Updated: Dec 23 2002, 05:30am hrs
Domestic commercial vehicle sales grew by 30.8 per cent during the first eight months this fiscal riding on the back of surging truck sales of Tata Engineering, Mahindra and Mahindra (M&M) and Eicher. A total of 1.14 lakh commercial vehicles were sold during April-November 2002 against 87,219 units a year ago, data compiled by the Society of Indian Automobile Manufacturers (SIAM) showed. Both Medium and Heavy (M&H) and Light Commercial Vehicles (LCVs) posted growth with Tata Engineering leading the pack.

While M&H vehicle sales went up by 26.8 per cent to67,094 units, LCVs showed a 37.1 per cent growth at 47,058 units. Sale of M&H vehicles was led by trucks, primarily used in infrastructure sector, which pushed the growth up by 31 per cent to 54,808 units during period under review.

Truck sales of Tata Engineering saw a rise of 36.2 percent to 37,447 units while that of Ashok Leyland grew by 15.1 per cent to 12,662 units. Eicher Motors and Swaraj Mazdas sales went up by 41.2 and 41.7 per cent to 3,583 and 1,026 trucks respectively. Tata Udyog, which makes trucks for off-road use, registered a 38.4 per cent growth by selling 90 units.

PTI