Tata Motors picks up speed, CV mkt share at 3-yr high, shy of FY15 numbers

While the CV market share has improved since FY17 when Cyrus Mistry stepped down as the chairman, it is still lower than the share in FY15

It is not just cars where Tata Motors is gaining market share year after year. It is also expanding, or rather recovering, the lost share in commercial vehicles (CVs), the mainstay of the company's domestic operations. The CV market share of Tata Motors is inching up for the second consecutive year and is now at a three-year high. The biggest player in the domestic CV market has made gains in a rapidly growing sector.  

Analysis of Siam data shows that the homegrown auto major has expanded its market share in medium and heavy commercial vehicles (M&HCVs), which primarily include