Sales of LCV goods carrier vehicles (trucks) gvw ≤ 7.5t slid by 4.6% to 265,825 units in first half of FY 2023-24 from 278,679 units in same period of FY 2022-23.

High demand for tractor units boosted sales by 47.2% during the first half of FY 2023-24 to register 32,018 units compared with 21,756 units in the same period of the previous year (FY 2022-23).

Sales of medium and heavy-duty rigid trucks (7.5t gvw and above) in India decreased by just 0.7% in the first half of FY2023-24 (April to September, 1H) to register 117,351 units.

Domestic sales of buses and coaches (7.5t gvw and above) increased by 47.7% in the second quarter (July to September, Q2) of the financial year 2023-24 to register 11,321 units, up from 7,665 units in the same period of FY 2022-23.

Sales of LCV goods carrier vehicles (trucks) of gvw ≤ 7.5t remained steady in Q2 of FY 2023-24, rising just 0.5% to 140,991 units compared with 141,635 units in same period of FY 2022-23.

Tractor sales grew by 43.5% during the second quarter (Q2) of FY 2023-24 to register 17,539 units compared with 12,221 units in the same quarter of the previous year (FY 2022-23).

Sales of medium- and heavy-duty rigid trucks (7.5t gvw and above) in India grew by 8.7% in the second fiscal quarter (July-September, Q2) of FY 2023-24 to register 64,995 units from 59,778 units in the same quarter of fiscal year 2022-23.

According to data from Bogotá-based Andemos (National Association for Sustainable Mobility) sales in year to September 30, 2023, fell by 35.3% to 19,444 heavy commercial vehicles compared with 30,060 units sold in the same period of 2022.

Iveco maintained its sales leadership with 4,199 units sold in the period from January to September this year, resulting in growth of 16.0% compared with 3,620 vehicles in the same period of the previous year.

Ecuador completed the first nine months of this year with registrations of 8,219 heavy commercial vehicles, a decrease of 4.2% compared with 8,581 vehicles sold in the same period of 2022.

With registrations of 12,881 heavy commercial vehicles during the first nine months of this year, the Peruvian market declined by 6.3% compared with 13,750 units invoiced in the same period of 2022.

The economic contraction in Chile went beyond the negative forecasts predicted by the Monthly Economic Activity Indicator in a more pronounced way than estimated and majorly compromised sales of commercial vehicles.