Year-to-date, truck sales have increased by 4.8%, with a total of 46,785 units sold compared to 44,663 units sold from January to May 2023.

Tractor sales in FY 2023 (financial year ending March 31, 2024) increased by 19.0% to 69,089 units.

Demand for medium and heavy rigid trucks across India declined by 4.4% to total 250,969 units in FY 2023.

Bus and coach domestic sales (>7.5t gvw) in FY2023 (ending March 31, 2024) increased by 38.4% to 53,136 units.

Sales of LCV goods carrier (trucks) vehicles (gvw ≤ 7.5t) fell by 2.9% to 542,934 units in FY 2023 (ending March 31, 2024).

Sales of light-duty passenger vehicles (7.5 tons and below) increased by 16.8% to 51,750 units in FY 2023 (ending March 31, 2024).

Tractor sales fell by 11.8% during the fourth quarter of FY 2023 (ending March 31, 2024) to register 20,061 units.

Sales of medium and heavy rigid trucks (7.5t gvw and above) in India decreased by 13.2% in Q4 (January to March) of FY2023-24 to register 69,983 units.

Domestic sales of buses and coach (7.5t gvw and above) increased by 39.6% in Q4 of the financial year 2023 (ending March 31, 2024) to register 20,048 units.

Sales of light-duty vehicles (7.5t & below) grew by 9.5% to register 15,370 units in Q4 of FY 2023 (ending March 31, 2024).

The market demand fell by 2.8% in the fourth fiscal year quarter of 2023/24

The Chilean commercial vehicle (truck and bus registrations combined) market continued to fall in the first quarter of this year, with 3,306 units sold, down 20.4% on the 4,156 units sold in the same period of 2023.