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LCV bus sales show good recovery in Q3 in India

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By RACE Innovations Pvt Ltd - 1st February 2022

India - Sales of light duty vehicles (7.5t & below) rose by 26.2% to register 3,535 units in Q3 (October to December) of FY 2021/22 from 2,801 units in Q3 of FY2020/21. Production increased by 16.1% from 3,807 units to 4,421 units, boosted by improving exports, which rose by 19.5% from 369 units to 441 units.

In the minibus segment with seats more than 13 seats (GVW ≤ 5 tons no. of seats including the driver exceeding 13) sales totalled 1,421 units in Q3 of FY 2021/22, up from 941 units in Q3 of FY 2020/21, an increase of 51%. Production increased by 13.2%.

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