Commercial Vehicle Sales November 2026: Live Tracker, 77 Units So Far
Commercial Vehicle registrations for November 2026, month to date, growing as Vahan publishes them — the running total, who is leading so far, and how it stands against October and November 2025.
Live. November 2026 is still in progress — this page grows as new registrations are published.
November so far
India's commercial-vehicle market has registered 77 vehicles in November 2026 so far. This page grows as the numbers land.
For scale, October finished at 1,13,679 and November 2025 at 96,066. The running total is 0.1% of last November's final figure.
Across the 10 completed months of 2026, 10,18,669 commercial vehicles have been registered, +18.9% on the same stretch of 2025.
Registrations reach Vahan a few days after the sale, so the running total climbs through the month and for a few days after it closes. November catches the tail of Diwali deliveries; whether it looks strong or weak depends largely on the festive calendar.
Monthly commercial vehicle registrations, 2023–2026
One line per calendar year — the shape of the year, not just its total. The dashed end of the current year is the month so far.
Manufacturer scoreboard
Euler Motors is ahead so far on 52 registrations, with Maruti Suzuki on 7. Tata Motors took October.
On share rather than volume — the number that decides who is actually winning — Tata Motors has added 1.17pp of the segment in 2026 so far, while Mahindra has given up 1.45pp.
Leading manufacturers, November 2026 so far
Registrations logged so far this month
Ranked by registrations logged so far this month. Click a name for its full dashboard.
| # | Manufacturer | Nov so far | Share of month |
|---|---|---|---|
| 1 | Euler Motors | 52 | 67.5% |
| 2 | Maruti Suzuki | 7 | 9.1% |
| 3 | Tata Motors | 5 | 6.5% |
| 4 | Ashok Leyland | 4 | 5.2% |
| 5 | Mahavir Tractor and Implements | 4 | 5.2% |
| 6 | Mahindra | 2 | 2.6% |
| 7 | Raheem Agro Welding Works Ap1510204097 | 1 | 1.3% |
| 8 | VECV (Eicher) | 1 | 1.3% |
| 9 | Sri Lakshmi Engineering Works Ap203583506 | 1 | 1.3% |
Registrations inside the segment only, counted with Vahan's own vehicle-class filter, so each number is that manufacturer's commercial vehicle volume. Companies that file electric models under a maker of their own (Tata, Mahindra) appear as separate rows. Early in a month the order can move around a lot — a few hundred registrations separate places until the volume builds.
Market share, year to date
Share is measured inside the segment itself — only commercial vehicle volume counts on either side of the ratio. Volume is 2026 year to date. The comparison is against the whole of 2025.
Exact segment volume per manufacturer over 2026 year to date, and the change in share against full-year 2025.
| # | Manufacturer | 2026 units | Share | vs full-year 2025 |
|---|---|---|---|---|
| 1 | Tata Motors | 3,43,166 | 33.69% | +1.17pp |
| 2 | Mahindra | 2,54,923 | 25.02% | −1.45pp |
| 3 | Ashok Leyland | 1,82,778 | 17.94% | +0.05pp |
| 4 | VECV (Eicher) | 83,671 | 8.21% | −0.01pp |
| 5 | Maruti Suzuki | 38,864 | 3.81% | −0.23pp |
| 6 | Daimler India CV | 20,594 | 2.02% | +0.03pp |
| 7 | Mahindra Last Mile | 19,638 | 1.93% | −0.05pp |
| 8 | Force Motors | 18,659 | 1.83% | −0.03pp |
| 9 | SML Mahindra | 11,953 | 1.17% | +0.01pp |
| 10 | Euler Motors | 7,056 | 0.69% | +0.59pp |
| 11 | Local Trailer Manufacturer | 5,049 | 0.50% | 0.00pp |
| 12 | Others | 4,713 | 0.46% | −0.39pp |
| 13 | Isuzu India | 2,843 | 0.28% | −0.02pp |
| 14 | Switch Mobility | 2,431 | 0.24% | +0.06pp |
| 15 | Toyota Kirloskar | 2,431 | 0.24% | −0.18pp |
Fuel mix
Diesel accounts for 80.3% of the segment's registrations in 2026 so far. Electric is at 3.20%, a move of +1.61pp on 2025 on volume of 32,551 units.
Commercial Vehicle fuel mix, 2026
Share of segment registrations year to date
The 2026 year to date mix.
| Fuel | 2026 units | Share | vs full-year 2025 |
|---|---|---|---|
| Diesel | 8,18,226 | 80.32% | −0.72pp |
| CNG / LPG | 1,20,022 | 11.78% | +0.29pp |
| Electric | 32,551 | 3.20% | +1.61pp |
| Petrol | 27,199 | 2.67% | −1.02pp |
| Other | 20,176 | 1.98% | −0.15pp |
| Hybrid | 572 | 0.06% | −0.01pp |
Share is of this report's own scope over 2026 year to date, compared with the whole of 2025.
Where the demand is
Maharashtra was the largest market in 2026 year to date with 1,48,019 registrations, 14.5% of the segment's national total. Tamil Nadu (83,112) and Gujarat (80,807) followed. Tamil Nadu has gained the most ground, adding 0.95pp of the national total.
Segment registrations over 2026 year to date, by state.
| # | State | Units | Share | vs full-year 2025 |
|---|---|---|---|---|
| 1 | Maharashtra | 1,48,019 | 14.5% | −0.06pp |
| 2 | Tamil Nadu | 83,112 | 8.2% | +0.95pp |
| 3 | Gujarat | 80,807 | 7.9% | +0.10pp |
| 4 | Karnataka | 78,056 | 7.7% | +0.33pp |
| 5 | Uttar Pradesh | 76,374 | 7.5% | −0.50pp |
| 6 | Haryana | 70,230 | 6.9% | +0.39pp |
| 7 | Rajasthan | 66,587 | 6.5% | −0.18pp |
| 8 | Andhra Pradesh | 39,763 | 3.9% | +0.49pp |
| 9 | Telangana | 37,656 | 3.7% | −0.81pp |
| 10 | Madhya Pradesh | 35,968 | 3.5% | +0.03pp |
| 11 | West Bengal | 35,301 | 3.5% | −0.04pp |
| 12 | Kerala | 34,965 | 3.4% | +0.29pp |
Frequently asked questions
How many commercial vehicles have been sold in India in November 2026?
When will the November 2026 commercial vehicle sales figure be final?
Which company is leading commercial vehicle sales in November 2026?
What is the commercial vehicle market share in India in 2026?
What share of commercial vehicles sold in India are electric?
Which state registers the most commercial vehicles in India?
Are these wholesale dispatches or retail sales?
Commercial Vehicle sales, earlier months
More from the reports desk
Source. Every figure is a vehicle registration, taken from the Ministry of Road Transport & Highways' Vahan 4 dashboard (vahan.parivahan.gov.in) — the same source FADA and the industry use for retail data. Registrations are not the wholesale dispatch numbers manufacturers announce each month. "EV" means battery electric (Vahan fuels PURE EV and ELECTRIC(BOV)); hybrids are counted separately. Information only, not investment advice.
Using these numbers? Cite "Flash Finance (Vahan data)" with a link to this page. This report's chart card is free to republish with the same credit.
