Truck, bus sales touch record high in FY18, same trend expected in FY19

Cumulative commercial vehicle sales of the top four manufacturers rose 20.6 per cent to 856,000 units during 2017-18

Truck and bus sales in India rose at a brisk pace in the financial year that ended March 31, with most companies in the sector reporting record sales volumes. A pick-up in infrastructure projects, overload bans in some key states and easy financing fuelled the demand.

Cumulative commercial vehicle (CV) sales of the top four manufacturers rose 20.6 per cent to 856,000 units during 2017-18 over a year before, according to monthly sales data released by the companies on Monday, barring Bharat Benz, the truck brand of Daimler India Commercial Vehicles -- it does not share monthly or yearly sales data.

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