The Thai market for commercial vehicles over 2 tons gvw declined by over 24% to 81,585 units in the third quarter of 2021 from an already weak 65,795 units in the same period of last year.

Sales of commercial vehicles over 2 tons gvw in Vietnam plunged by over 39% to 8,785 units in the third quarter of 2021 after declining by over 17% to 15,462 units in the same period of last year.

The market for commercial vehicles over 2 tons gvw rebounded by over 89% to 33,195 in the third quarter of 2021, after plunging by 59% to 17,533 units a year earlier.

The commercial vehicle market over 2 tons gvw in South Korea declined by over 10% to 53,323 units in the third quarter of 2021 after rebounding by over 14% to 59,303 units a year earlier.

Sales of light-duty goods carrier (truck) vehicles (gvw ≤ 7.5t) in India were flat with growth of just 2.3% to 107,584 units in Q2 of FY 2021-22, up from 105,209 units in same period of FY 2020-21. Light truck export sales rose by 128.3% to 14,651 units (6,417) helping to boost output during the period by 7.3% to 122,196.

Sales of medium and heavy rigid trucks (7.5t gvw and above) in India enjoyed robust growth of 102.2% in Q2 of FY2021-22 to register 46,019 units compared with  from 22,764 units in same quarter of the year 2020-21. Export sales of rigid trucks was also spectacularly up during the period by 221.4% to 6,084 units in the second quarter of FY 2021-22 from 1,893 units in the same quarter of the previous year.

The erratic behaviour of tractor sales in India continued during the second quarter of FY 2021-22 with sales growth of 397% to register 5,710 units compared with 1,149 units in the same quarter of the previous year (FY 2020-21). Tractor production increased by 467.2% overall from 1,046 units to 5,933 units and export sales up by 1115% to 243 units (20).

Despite second quarter sales in the light truck segment remaining flat, half year sales of  LCV goods carrier (truck) vehicles (gvw ≤ 7.5t) grew by 36.7% to 179,929 units in first half of FY 2021-22, up from 131,582 units in same period of FY 2020-21. Export sales enjoyed robust growth of 176.7% to 24,445 units, helping to help boost production of light trucks by 57.4% to more than 210,000 units (135,021).

Positive sales of medium and heavy rigid trucks (7.5t gvw and above) in India of the first quarter continued into the second, realising growth of 165.8% in the first half (1H) of FY2021-22 to register 70,917 units compared with 26,677 units in same period of 2020-21.

Tractor sales in India increased by 526.5% during the half of FY 2021-22 to register 8,884 units compared with 1,418 units in the same period of the previous year (1H/FY 2020-21). Tractor production increased by 595.6% overall from 1,384 units to 9,627 units and export sales up by 1161.8%.

The figures record a 1.8% increase following a 35.1% decline in production in the previous month.

Truck sales grew by 112.1% in the first nine months of 2021 over the same period of the previous year, with 24,090 units sold (compared to 11,334), according to ANDEMOS.