Commercial vehicle sales crash 89% in March 2020

Commercial vehicle segment registered a massive drop in sales in March 2020 due to the outbreak of the Covid-19 pandemic. Sales crashed by 89% compared to the same period last year.

Tata Motors' domestic sales dropped 89.52% from 50,917 units in March 2019 to 5,336 units. Exports also went down from 5,619 units to 1,787 units.

Ashok Leyland registered a 91% drop in sales. The company sold just 1,787 units in March 2020 compared to 20,521 in March 2019.

Mahindra's domestic CV sales in March 2020 dropped 90% to 2,325 units. Volvo Eicher recorded an 89% year-on-year decline in sales. The company sold 1,499 units in March 2020.

Source