Slowdown in SCV and LCV Sales Weigh Heavy On February CV Sales

Truck

The commercial vehicle industry witnessed a decline of 1 percent in overall sales for February 2025.

A total of 79,883 units were sold last month across segments as compared to 80,954 units for the same period last year.

The country’s largest CV maker Tata Motors reported a 8 percent decline in overall sales, with SCV Cargo and Pickup segment witnessing the sharpest drop (-20 percent YoY). The ILMCV Trucks segment, however, showed growth at 11 percent.

Mahindra & Mahindra reported a 4 percent increase in total sales, driven by a 9 percent rise in LCV (2T-3.5T) and a 23 percent jump in LCV >3.5T & M&HCV. However, the LCV < 2T segment dropped 21 percent.

Ashok Leyland experienced modest growth (2 percent overall), with M&HCV Trucks (+1 percent) and LCV (+5 percent) offsetting the M&HCV Bus decline (-5 percent).

Volvo Eicher Commercial Vehicles grew 6 percent YoY, indicating steady demand.

The slight market decline was led by weaker small commercial vehicle (SCV) and passenger carrier demand, affecting Tata Motors significantly. However, medium & heavy commercial vehicle (M&HCV) trucks and LCVs in the 2T-3.5T range showed resilience, benefiting Mahindra & Mahindra and Ashok Leyland.

While challenges remain in certain segments, sustained growth in the LCV and HCV categories suggests stable demand in core logistics and transportation sectors.

COMMERCIAL VEHICLE SALES IN INDIA
Company and Segment Feb '25 Feb '24 Change (in units) Change (in %)
      YoY YoY
Tata Motors        
HCV Trucks 9,892 10,091 -199 -2%
ILMCV Trucks 5,652 5,083 569 11%
Passenger Carriers 4,355 4,692 -337 -7%
SCV Cargo and Pickup 10,898 13,701 -2,803 -20%
Total 30,797 33,567 -2,770 -8%
Mahindra & Mahindra        
LCV < 2T 3,290 4,146 -856 -21%
LCV 2 T – 3.5 T 19,155 17,554 1,601 9%
LCV > 3.5T + M&HCV 1,381 1125 256 23%
Total 23,826 22,825 1,001 4%
Ashok Leyland        
M&HCV Trucks 8,922 8,837 85 1%
M&HCV Bus 2,564 2700 -136 -5%
LCV 6,417 6,095 322 5%
Total 17,903 17,632 271 2%
Volvo Eicher CV        
  7,357 6,930 427 6%
Total 79,883 80,954 -1,071 -1%

Representational image: IEA

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    Maruti Suzuki India Equips Super Carry With ESP

    Maruti Super Carry

    Maruti Suzuki India, one of the leading passenger vehicle manufacturers, has upgraded its popular offering the Super Carry with Electronic Stability Program (ESP) function.

    The Super Carry now has seven advanced safety features such as Anti-lock Braking System (ABS) to prevent wheel lock-up, Electronic Brake-force Distribution (EBD) to optimise braking across varying loads, Engine Drag Control (EDC) prevents wheel slip during sudden deceleration, Traction Control System (TCS) to provide grip on slippery surfaces, Rollover Prevention steps, Hydraulic Brake Assist (HBA) and ESP that provides stability around sharp turns.

    Partho Banerjee, Senior Executive Officer, Marketing and Sales, Maruti Suzuki India, said, “At Maruti Suzuki, we are committed to deliver vehicles that empower businesses with power, efficiency, safety, and reliability. The introduction of the Electronic Stability Program (ESP) in the Super Carry underscores our commitment to innovation and customer safety. Trusted for its power, comfort, low maintenance, and profitability, the Super Carry continues to be the ideal partner for our commercial customers. We thank them for their trust and look forward to driving their success together.”

    The Super Carry SCV comes with Maruti Suzuki’s 1.2L K-Series Dual Jet, Dual VVT engine and five-speed manual transmission.

    Maruti Suzuki Super Carry prices (Ex-showroom INR)
    Variant Price 
    Gasoline Deck 564,000
    Gasoline Cab Chassis 549,000
    CNG Deck 664,000
    CNG Cab Chassis 649,000

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      JCBL Delivers 106 custom-designed staff buses to Mahindra

      JCBL - Mahindra

      JCBL, a leading bus bodybuilder, has delivered 106 custom-designed staff buses to Mahindra & Mahindra in a record time of three months.

      The buses feature 17-inch-wide seats, driver’s cabin partition, digital LED route displays, USB charging points and fans on each seat row. A TV and a six-speaker music system are also incorporated to provide entertainment on the go.

      In terms of safety, the buses are equipped with pneumatic passenger door with safety sensor, seatbelts, CCTV cameras with a 30-day recording capacity, panic switches, anti-rust treatment and a Fire Detection and Alarm System (FDAS).

      Dinesh Dua, Business Head, JCBL, said, “This project is a testament to our commitment to delivering high-quality, safe, and innovative mobility solutions. Completing one of India’s largest single-customer staff bus orders within just three months reflects our dedication to excellence and customer satisfaction.”

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        DICV Powers Oragadam Facility With 100 Percent Renewable Energy

        DICV Powers Oragadam Facility With 100 Percent Renewable Energy

        Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, has announced that the company has reached a significant milestone in its sustainability journey by utilising 100 percent renewable power at its Oragadam production facility.

        A major component of this strategy is the installation of a renewable power-generation plant with a peak capacity of 4,300 kW, powered by 15,000 solar panels, which offsets approximately 4,000 tonnes of CO₂e emissions annually, contributing to 17 percent of the renewable power generated in-house. This achievement highlights DICV’s commitment to environmental protection and represents a significant step, as the company has successfully reduced its Scope 2 emissions ahead of the original end-2025 target. A total of 22,970 tonnes of CO₂e are offset through the sourcing of renewable power, demonstrating DICV’s decarbonisation efforts.

        Satyakam Arya, Managing Director & CEO, Daimler India Commercial Vehicles, said, “We have made significant strides in positioning DICV as a leader in sustainable manufacturing and we are proud to achieve 100 percent renewable power utilisation at our Oragadam facility. This milestone, achieved ahead of target, demonstrates our commitment to decarbonising operations. Since 2018, we have focused on building the infrastructure to increase our reliance on renewable power and now we have reached 100 percent renewable power utilisation under Scope 2 emissions. Supportive state and central policies, such as green power purchases through various energy sources available under regulatory framework, played a vital role in this accomplishment.”

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          Atul Greentech Partners Valeo India and Honda Power Pack Energy India For Battery Swapping Tech

          Atul Greentech

          Atul Greentech, Valeo India and Honda Power Pack Energy India (HEID) have entered into a partnership to introduce battery-swapping technology for its new range of electric three-wheelers.

          As per the understanding, Atul Greentech’s electric three-wheeler will use Valeo’s powertrain and Honda Power Pack Energy India’s battery technology as well as battery swapping network. The EV maker's Mobili Swap passenger variant comes with a claimed 79km certified range per battery swap, while the Energie Swap cargo variant has a claimed range of 74km per battery swap.

          Vijay Kedia, Director, Atul Auto, said, “Interchangeable products will revolutionise the electric vehicle sector. They will increase customer revenues by eliminating the need to recharge batteries. An extensive network of exchange stations will reduce range anxiety. As the battery remains the property of the company, customers will benefit from lower vehicle costs and reduced warranty obligations.”

          Jayakumar G, Group President and Managing Director, Valeo India, said, “This three-way engagement between Valeo India, Atul Greentech and Honda Power Pack Energy India brings together the expertise required to accelerate the electrification of three-wheeler vehicles and reduce CO2 emissions. Valeo's advanced electric powertrain technology adapted to the Indian market with our strong engineering and local manufacturing expertise will help strengthen our partnership in this growing market.”

          Dr. Tomohide Haraguchi, Vice President of Honda Power Pack Energy India, said, “HEID utilises safety and reliable swappable batteries that are implemented with Honda's long-accumulated technology and know-how from the four-wheeled vehicle development. The combination of our batteries and Valeo's cutting-edge powertrain technology provides an automobile-grade electric solution in the e-three-wheeler market.”

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