India's Commercial Vehicle Sales Fall 1.05% in April 2025 Due to Market Uncertainty

India's commercial vehicle (CV) retail sales declined by 1.05% year-on-year (YoY) in April 2025, indicating moderate fluctuations in demand across the industry. The Federation of Automobile Dealers Associations (FADA) presented the latest information, with varying trends across the various CV segments. Here's a detailed overview:

 

Key Highlights

 

Commercial Vehicle Sales Decline

 

April 2025 CV retail sales came in at 74,212 units, down from 75,000 units in April 2024.

 

The 1.05% decrease indicates prudent fleet growth in the face of economic uncertainty.

 

Reasons Behind the Decline

 

Increased fuel prices and finance issues affected fleet buying.

Uncertainty brought about by elections reduced infrastructure investments, hence the demand.

 

Segment-Wise Performance

 

Heavy commercial vehicles were flat, with support from government infrastructure developments.

 

Light commercial vehicles (LCVs) dipped marginally, indicating poor urban logistics demand.

 

Issues in the Market

 

Loan availability problems and pricing issues held back fleet upgrades.

 

Transport operators are still waiting for post-election policy clarity.

 

Future Outlook & Industry Trends

 

FADA expects steady recovery, with government expenditure likely to drive demand.

 

The auto industry continues to be robust, with new launches and policy support fueling growth.

 

This marginal fall indicates mixed market conditions, with economic factors driving fleet purchases.

 

Sources: FADA Report, Federation of Automobile Dealers Associations, CNBC TV18