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Wheeled CE Faces a Soft May as Broader Auto Retail Stays Resilient

FADA’s May 2026 retail data points to a sharp correction in wheeled construction equipment, even as tractors, commercial vehicles and passenger vehicles registered healthy growth.

CV industry expects turnaround in H2FY25

During FY24, the CV industry faced unexpected challenges, resulting in muted volume growth of 0.7 per cent.

Sustainable Market for Trucks

Pick up in infrastructure spending and construction activity, especially in roads and highways, irrigation and affordable housing segment, will continue to support demand for construction trucks.

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