Commercial Truck Sales January 2025: Mahindra Rises, Tata Faces Decline

The Indian commercial vehicle sector kicked off 2025 on a high note, with total retail truck sales climbing to 99,425 units in January—an 8.22% year-over-year (YoY) increase from 91,877 units in January 2024. This surge underscores the sector’s resilience, fueled by economic expansion, infrastructure projects, and rising transportation demands.

Tata Motors: A Slight Slip but Still Leading the Pack

Despite its long-standing dominance, Tata Motors saw a 1.33% YoY dip, selling 31,393 units compared to 31,816 units last year. Holding onto a 31.57% market share, Tata remains the undisputed leader but faces intensifying competition. Could shifting market dynamics shake up this long-standing hierarchy? Time will tell.

Mahindra & Mahindra: A Remarkable 16.25% Growth

Emerging as a powerhouse, Mahindra & Mahindra posted a staggering 16.25% YoY growth, with sales soaring to 27,523 units from 23,675 units in January 2024. Its 27.68% market share reflects the brand’s increasing dominance in the commercial vehicle sector, driven by robust demand for its fuel-efficient and cost-effective trucks.

Ashok Leyland: Steady Climb in Sales

Ashok Leyland, a key player in the medium and heavy commercial vehicle segment, registered a 6.66% YoY uptick, selling 15,748 units, up from 14,764 units. With a 15.84% market share, the brand continues to solidify its position, capitalizing on fleet expansions and government-backed logistics initiatives.

VE Commercial Vehicles: A Surprising 20.81% Surge

A standout performer, VE Commercial Vehicles—a joint venture between Volvo Trucks and Eicher Motors—posted an impressive 20.81% YoY increase, delivering 7,274 units against 6,021 units in the same period last year. Its 7.32% market share signals a growing preference for their diversified lineup, blending performance with cutting-edge technology.

Maruti Suzuki: Rapid Expansion Beyond Passenger Cars

No longer just a small-vehicle giant, Maruti Suzuki made waves with a 23.59% YoY jump, selling 5,224 units over 4,227 units last year. With a 5.25% market share, Maruti’s commercial truck lineup is gaining serious traction, proving that its move into this segment was a strategic masterstroke.

BharatBenz: Holding Ground Despite a Slight Decline

Daimler’s BharatBenz saw a marginal 0.83% YoY decline, slipping to 2,151 units from 2,169 units. Maintaining a 2.16% market share, the brand continues to cater to the premium truck segment, emphasizing safety, durability, and high-performance engines.

Force Motors: Small but Mighty with 26.84% Growth

Force Motors recorded an astounding 26.84% YoY rise, moving 1,621 units, a leap from 1,278 units in January 2024. While still a niche player, its commercial truck lineup is gaining favor among small-business owners and rural operators.

SML Isuzu: Slow but Steady at 1.92% Growth

Lastly, SML Isuzu inched forward with a 1.92% YoY increase, selling 690 units, up from 677 units. Holding a 0.69% market share, the brand remains a steady contender in the light and medium commercial vehicle category.

Final Takeaway: A Market Poised for Further Growth

With rising infrastructure development, booming logistics, and increasing fleet expansions, the Indian truck market is set for an exciting year ahead. Mahindra’s surge, VE Commercial Vehicles’ surprising growth, and Maruti Suzuki’s aggressive expansion are reshaping the industry landscape. Will Tata Motors retain its crown, or is a new leader on the horizon? Stay tuned with 91trucks for all the latest news and updates related to new launches, commercial vehicles and industry insights. 91trucks is the fastest-growing digital platform aimed at providing you with the latest updates and information related to the commercial vehicle industry.