NEW DELHI: The commercial vehicle (CV) segment witnessed a broad-based recovery in October, supported by the government’s infrastructure push and festive season logistics demand, according to a report by ACMIIL.
Almost all major players in the segment reported strong year-on-year growth, reflecting improving freight activity and a stable macroeconomic environment.
Tata Motors’ total commercial vehicle volumes rose 9.5 per cent year-on-year in October 2025, continuing the growth momentum witnessed in the second quarter of FY26, after four consecutive quarters of decline.
The company’s performance was broad-based, with key categories such as heavy commercial vehicles (HCV) and small commercial vehicles (SCV) recording high single-digit growth.
Passenger carriers also saw a strong 12.3 pe

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