Tata Motors Limited continued its robust recovery in the commercial vehicle (CV) segment, registering total sales of 35,539 units in November 2025 — a sharp 29% year-on-year (YoY) increase from 27,636 units sold in November 2024.The growth was powered by surging domestic demand across all sub-segments and a near-doubling of export volumes, underlining the company’s strengthened position in both India and international markets.Key Highlights – November 2025 vs November 2024
| Category | Nov 2025 | Nov 2024 | YoY Growth |
|---|---|---|---|
| Total CV Sales | 35,539 | 27,636 | +29% |
| Domestic Sales | 32,753 | 26,183 | +25% |
| International Business | 2,786 | 1,453 | +92% |
Segment-wise Domestic Performance (November 2025)
- Heavy Commercial Vehicles (HCV) Trucks: 10,181 units (+34% YoY from 7,586 units)
- Intermediate & Light Medium CV (ILMCV) Trucks: 5,905 units (+35% YoY from 4,374 units)
- Small Commercial Vehicles (SCV) Cargo & Pickup: 13,327 units (+19% YoY from 11,201 units)
- Passenger Carriers (buses & vans): 3,340 units (+11% YoY from 3,022 units)
The combined Medium & Heavy Commercial Vehicle (M&HCV) segment, often seen as a bellwether for economic activity, posted domestic sales of 16,118 units in November 2025 — up 29% from 12,481 units in the same month last year.The strong November numbers follow an equally healthy October 2025, when Tata Motors sold 37,530 units (+10% YoY), taking cumulative sales for the first two months of FY26’s second half past the 73,000-unit mark.
Speaking on the performance, a Tata Motors spokesperson said, “The sustained growth across HCVs, ILMCVs and SCVs reflects continued infrastructure push, replacement demand in fleet modernisation, and robust last-mile delivery requirements driven by e-commerce and consumption. Our expanded export footprint, especially in Africa, Middle East and ASEAN markets, has also contributed significantly.
”With fleet operators increasingly opting for BS6 Phase-II compliant vehicles and CNG/powertrain alternatives, Tata Motors’ wide portfolio — ranging from the Ultra range of trucks to the Prima and Signa heavy-duty platforms, plus the fast-growing Ace and Intra SCV lines — continues to capture market share.
Analysts believe the momentum is likely to sustain through the remainder of FY26, supported by healthy freight rates, pre-buying ahead of any potential regulatory changes, and the ongoing rollout of the government’s scrappage policy.
Tata Motors remains the undisputed leader in India’s commercial vehicle industry and, with these numbers, has firmly re-established double-digit growth trajectory after the pandemic-era disruptions.
