Khyati Sharma 2026-10-05
Tata Motors recorded strong growth in its commercial vehicle (CV) business in September 2026, with domestic sales rising 31.2% year-on-year to 43,487 units. The company had sold 33,148 commercial vehicles in the domestic market during September 2025.
Including its international business, Tata Motors sold 51,062 commercial vehicles in September 2026, marking a 42.4% year-on-year increase from 35,862 units in the same month last year.
The September performance was supported by growth across major domestic commercial vehicle categories, while exports recorded a particularly sharp increase during the month.
Domestic CV sales: 43,487 units
Domestic YoY growth: 31.2%
Total CV sales including international business: 51,062 units
Total CV YoY growth: 42.4%
International business: 7,575 units
CV exports growth: 179.1%
Domestic MH&ICV sales: 22,616 units
Q2 FY27 total CV sales: 1,35,114 units
Tata Motors sold 43,487 commercial vehicles in the domestic market in September 2026, compared with 33,148 units in September 2025.
This represents an increase of 10,339 units and a year-on-year growth rate of 31.2%. The improvement was spread across the company's major commercial vehicle categories rather than being limited to one segment.
The performance comes as demand for commercial mobility continues to benefit from activity across infrastructure, construction, logistics, e-commerce, FMCG and passenger transportation.
The high-tonnage commercial vehicle segment delivered strong growth during September.
Tata Motors recorded 14,171 HCV truck sales, compared with 9,870 units in September 2025. This represents a 43.6% year-on-year increase.
Demand for heavy trucks was supported by activity in sectors such as infrastructure, construction and mining, which require higher-capacity vehicles for freight and material movement.
The HCV segment also recorded the largest absolute increase among Tata Motors' major domestic CV categories during the month.
The company's Intermediate and Light Medium Commercial Vehicle (ILMCV) truck business also maintained strong momentum.
Tata Motors sold 7,990 ILMCV trucks in September 2026, compared with 6,066 units during the same month last year. This resulted in a 31.7% year-on-year increase.
ILMCVs are widely used across distribution and logistics applications, making demand in areas such as e-commerce, FMCG and other goods transportation important for the segment.
Passenger carriers recorded the fastest percentage growth among Tata Motors' major domestic CV categories in September.
Sales increased to 4,816 units, compared with 3,102 units in September 2025. This represents a substantial 55.3% year-on-year growth.
The increase highlights continued demand for vehicles used for passenger transportation, including last-mile mobility, intercity travel and institutional transportation.
Tata Motors' small commercial vehicle cargo and pickup segment remained the largest domestic category by volume among the reported segments.
The company sold 16,510 units in September 2026, compared with 14,110 units in September 2025. Sales therefore increased 17% year-on-year.
Small commercial vehicles continue to play an important role in last-mile delivery, local goods movement and small-business transportation requirements.
Tata Motors' international commercial vehicle business delivered an even sharper increase during September.
International sales reached 7,575 units, compared with 2,714 units in September 2025. This represents a 179.1% year-on-year increase.
The strong export performance was an important contributor to the company's overall CV growth during the month.
With international volumes included, total commercial vehicle sales increased to 51,062 units from 35,862 units a year earlier.
Medium and Heavy CV Sales Also Remain Strong
Tata Motors' domestic Medium and Heavy Commercial Vehicle (MH&ICV) sales increased 44.3% year-on-year to 22,616 units in September 2026.
The company had recorded 15,669 units in the same category during September 2025.
Including international business, MH&ICV sales reached 23,910 units, compared with 16,759 units a year earlier, representing 42.7% growth.
The figures indicate that demand for higher-capacity commercial vehicles remained strong during the month.
Tata Motors Q2 FY27 CV Sales Rise 42.7%
The strong September performance also helped Tata Motors close the second quarter of FY27 on a positive note.
For Q2 FY27, Tata Motors recorded total commercial vehicle sales of 1,35,114 units, compared with 94,681 units in Q2 FY26. This represents a 42.7% year-on-year increase.
Domestic CV sales during the quarter increased 30.9% to 1,13,982 units, while international business contributed 21,132 units, up sharply from 7,620 units in the corresponding quarter last year.
The company has pointed to several factors that could support commercial vehicle demand in the coming months.
Infrastructure spending, construction activity, mining operations, e-commerce volumes and the festive season could provide support for freight and passenger transportation demand.
The company also highlighted the continued development of logistics and last-mile delivery as important areas for commercial vehicle demand.
At the same time, Tata Motors remains watchful of factors including commodity costs, diesel prices, potential interest-rate movements and broader global uncertainties.
Electric commercial vehicle volumes also showed positive momentum during the second quarter.
Tata Motors said its EV volumes recorded 2.4 times year-on-year growth in Q2 FY27. The increase reflects the growing role of electric mobility in commercial transportation, particularly where operators can benefit from predictable daily routes and lower running costs.
The development also highlights Tata Motors' expanding focus on electrification alongside its conventional commercial vehicle portfolio.
The September numbers point to broad-based momentum in Tata Motors' commercial vehicle business.
Growth was visible across heavy trucks, intermediate and light commercial vehicles, passenger carriers and small commercial vehicles. The company's international business also delivered a substantial increase, giving additional support to overall volumes.
The strongest domestic percentage growth came from passenger carriers, while HCV trucks posted a significant increase in both percentage and absolute terms. SCV cargo and pickups remained the largest domestic category by volume among the segments reported.
| Segment | September 2026 | September 2025 | YoY Growth |
|---|---|---|---|
| HCV Trucks | 14,171 | 9,870 | 43.6% |
| ILMCV Trucks | 7,990 | 6,066 | 31.7% |
| Passenger Carriers | 4,816 | 3,102 | 55.3% |
| SCV Cargo & Pickup | 16,510 | 14,110 | 17.0% |
| Total Domestic CV | 43,487 | 33,148 | 31.2% |
| International Business | 7,575 | 2,714 | 179.1% |
| Total CV Sales | 51,062 | 35,862 | 42.4% |
Tata Motors had a strong September 2026 in the commercial vehicle segment, with domestic CV sales rising 31.2% to 43,487 units.
The company's total CV sales, including international business, increased 42.4% to 51,062 units, while exports jumped 179.1%. Domestic HCV trucks, ILMCVs, passenger carriers and SCV cargo and pickups all recorded year-on-year growth.
The strong September performance also helped Tata Motors post 1,35,114 commercial vehicle sales in Q2 FY27, representing 42.7% growth over the same period last year.
With infrastructure activity, logistics demand, e-commerce, construction and the festive season providing potential support, Tata Motors' commercial vehicle business enters the next quarter with strong sales momentum. However, operating costs, fuel prices, interest rates and global economic conditions will remain important factors to watch.
