Truck OEM Performance – July 2025
In July 2025, truck sales dipped ~2.6% YoY to 62,396 units. Gains by Switch Mobility (+147%), Force Motors (+14%), and Mahindra Group offset some of the decline. Strong growth in the "Others" category (+565%) hinted at new entrants. However, major OEMs like Tata and Ashok Leyland saw lower volumes, reflecting weak demand in heavy-duty freight. The market continues to shift toward lighter and more specialized vehicles, with steady growth in last-mile and electric segments. While traditional heavy-duty volumes remain under pressure, rising interest in electric trucks and diversified mobility solutions suggests a gradual structural shift in fleet preferences.
Commercial Vehicle Segment Contribution (%)
Forecast Chart
Application Chart
Tipper Sales Performance
Tractor Trailer Sales Performance
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