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CMV360 Weekly Wrap (29 June - 4 July 2026): Record CV & Tractor Sales, Delhi's ₹15,000 Cr EV Policy, Mahindra Tops EV Market, Major Industry Updates

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Catch the biggest highlights from 29 June-4 July 2026, including record CV and tractor sales, Delhi's EV policy, fleet modernisation, new launches, and key farmer-focused government initiatives.

Robin Kumar Attri

By Robin Kumar Attri

Jul 04, 2026 06:26 am IST
97.85 k
CMV360 Weekly Wrap (29 June - 4 July 2026): Record CV & Tractor Sales, Delhi's ₹15,000 Cr EV Policy, Mahindra Tops EV Market, Major Industry Updates
CMV360 Weekly Wrap (29 June - 4 July 2026): Record CV & Tractor Sales, Delhi's ₹15,000 Cr EV Policy, Mahindra Tops EV Market, Major Industry Updates

The week from 29 June to 4 July 2026 was packed with major developments across India's commercial vehicle, electric mobility, construction equipment, and agricultural machinery sectors. Leading manufacturers including Tata Motors, Mahindra, Ashok Leyland, VECV, Escorts Kubota, Sonalika, and VST Tillers reported strong June sales and Q1 FY27 performance, reflecting healthy market demand. The week also witnessed significant policy announcements, including Delhi's ₹15,000 crore EV Policy and new fleet modernisation initiatives by the Government of India. In the agriculture sector, farmers received major digital benefits through Rajasthan's online fertilizer booking system and the launch of the Krishika app for online Kisan Credit Card applications. From record sales and new product launches to strategic investments and government reforms, here are the biggest stories that shaped the automotive and agriculture industries this week.

Force Motors Joins Government's Delhi-NCR Vehicle Replacement Scheme to Promote Cleaner Commercial Vehicles

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Force Motors Joins Government's Delhi-NCR Vehicle Replacement Scheme to Promote Cleaner Commercial Vehicles

Force Motors has partnered with the Ministry of Road Transport and Highways (MoRTH) under the Delhi-NCR Commercial Vehicle Replacement Scheme to replace old BS-IV and earlier commercial vehicles with cleaner BS-VI and electric models. Through its authorised dealerships, the company will provide OEM benefits to eligible customers upgrading their vehicles. The initiative aims to reduce vehicular emissions, improve air quality, modernise the commercial vehicle fleet, and promote sustainable mobility across Delhi-NCR.

Ashok Leyland Expands Maharashtra Presence with New LCV Dealership in Ratnagiri

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Ashok Leyland Expands Maharashtra Presence with New LCV Dealership in Ratnagiri

Ashok Leyland has expanded its Maharashtra presence by opening its 16th light commercial vehicle (LCV) dealership in Ratnagiri. Operated by Lavekar Motors, the modern 3S facility features eight service bays and offers the complete LCV range, including SAATHI, DOST, BADA DOST, PARTNER, and MiTR. With over 950 customer touchpoints and more than 6 lakh LCVs on Indian roads, the company continues to strengthen customer reach and after-sales support.

Mahindra CV & 3-Wheeler Sales Jump 44% in June 2026, Exports Surge 125% YoY

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Mahindra CV & 3-Wheeler Sales Jump 44% in June 2026, Exports Surge 125% YoY

Mahindra reported strong commercial vehicle and three-wheeler sales in June 2026, with domestic sales rising 44% to 39,896 units. LCV sales grew 36% in the under-2-ton segment and 35% in the 2–3.5-ton segment, while three-wheeler sales jumped 63% to 13,820 units. Commercial vehicle exports more than doubled, surging 125% to 5,918 units, driven by strong demand in domestic logistics and international markets.

Ashok Leyland Launches New Air Suspension Heavy Trucks with Higher Payload Capacity

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Ashok Leyland Launches New Air Suspension Heavy Trucks with Higher Payload Capacity

Ashok Leyland has launched three new air suspension heavy trucks, AVTR 4525, 4625, and 4925 MAV, for long-haul freight transport. Available in 45-tonne, 46-tonne, and 49-tonne GVW categories, the trucks offer up to 4 tonnes of additional payload, improved ride comfort, better stability, and lower operating costs. Standard features include Intelligent Vehicle Acceleration Control and Automatic Traction Control, helping fleet operators boost productivity, fuel efficiency, and overall profitability.

Eicher Trucks & Buses Signs MoU with MoRTH to Speed Up Fleet Modernization in Delhi-NCR

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Eicher Trucks & Buses Signs MoU with MoRTH to Speed Up Fleet Modernization in Delhi-NCR

MoRTH and Eicher Trucks & Buses have partnered to modernize commercial vehicle fleets in Delhi-NCR by replacing BS-IV and older trucks and buses with BS-VI and electric models. Eicher will offer an 8% ex-showroom discount on eligible vehicles, while the government provides tax, registration, interest, and fuel incentives. A VAHAN-linked digital platform will streamline eligibility checks and benefit processing, supporting cleaner mobility and reduced vehicular emissions.

Ashok Leyland Reports 16,654 CV Sales in June 2026, Registers 37% YoY Growth

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Ashok Leyland Reports 16,654 CV Sales in June 2026, Registers 37% YoY Growth

Ashok Leyland sold 16,654 commercial vehicles in June 2026, recording a 37% year-on-year growth. Domestic sales rose 37% to 16,239 units, while exports increased 42% to 415 units. M&HCV truck sales led the performance with 44% growth, followed by a 28% rise in LCV sales. The strong results reflect healthy demand across domestic and international markets, giving the company a solid start to Q2 FY2026-27.

Tata Motors Commercial Vehicle Sales Grow 35% in June 2026; Domestic Sales Up 31%, Exports Jump 83%

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Tata Motors Commercial Vehicle Sales Grow 35% in June 2026; Domestic Sales Up 31%, Exports Jump 83%

Tata Motors sold 40,805 commercial vehicles in June 2026, recording a 35% year-on-year growth. Domestic CV sales increased 31% to 36,599 units, while exports surged 83% to 4,206 units. All major segments posted positive growth, with SCV Cargo & Pickup leading domestic performance at 37%, followed by HCV trucks at 31%. The strong results reflect healthy demand across logistics, infrastructure, passenger transport, and international markets.

VECV Sales Jump 32.6% in June 2026 as Domestic Demand, Exports and Volvo Trucks Drive Growth

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VECV Sales Jump 32.6% in June 2026 as Domestic Demand, Exports and Volvo Trucks Drive Growth

VECV sold 7,227 commercial vehicles in June 2026, registering a 32.6% year-on-year growth. Eicher Commercial Vehicles recorded 32% growth with 6,977 units sold, while domestic sales rose 32.1% to 6,505 units. Exports increased 31.5%, led by a remarkable 384.2% surge in heavy-duty truck exports. Volvo Trucks also performed strongly, with sales rising 51.5% to 250 units, reflecting healthy demand across key commercial vehicle segments.

Indian CV Sales Surge in June 2026: Pre-Buying, Dealer Discounts and Easy Financing Drive Strong Growth

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Indian CV Sales Surge in June 2026: Pre-Buying, Dealer Discounts and Easy Financing Drive Strong Growth

India's commercial vehicle industry posted strong wholesale growth in June 2026, driven by pre-buying, dealer discounts, easy financing, and improving freight demand. Tata Motors' domestic CV sales rose 31%, Ashok Leyland's M&HCV truck sales jumped 44%, and VECV recorded 29.3% growth. Cargo trucks outperformed tippers, while SCV and LCV segments remained strong. The industry benefited from robust logistics activity and fleet replacement ahead of expected price hikes.

Mahindra Retains India's No.1 Electric CV Position, Sells 35,133 EVs in Q1 FY27 with 83.5% Growth

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Mahindra Retains India's No.1 Electric CV Position, Sells 35,133 EVs in Q1 FY27 with 83.5% Growth

Mahindra Last Mile Mobility retained its position as India's No.1 electric commercial vehicle manufacturer, selling 13,134 EVs in June 2026 and 35,133 units in Q1 FY27. The company achieved a 32.4% market share in the L5 EV segment and an 83.5% year-on-year sales growth. Backed by a wide EV portfolio and strong nationwide support, Mahindra continues to lead India's transition toward sustainable last-mile mobility.

Delhi Approves ₹15,000 Crore EV Policy: Only Electric Three-Wheelers and N1 Trucks Can Be Registered from January 1, 2027

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Delhi Approves ₹15,000 Crore EV Policy: Only Electric Three-Wheelers and N1 Trucks Can Be Registered from January 1, 2027

Delhi has approved a ₹15,000 crore EV Policy, effective from July 1, 2026, to March 31, 2030, to promote electric commercial vehicles. From January 1, 2027, only electric three-wheelers and N1 trucks can be newly registered. The policy offers subsidies of up to ₹50,000 for electric three-wheelers, ₹1 lakh for N1 electric trucks, scrappage incentives, and plans to install 32,000 EV charging points across the city.

ACE and Kato Launch ₹200 Crore Joint Venture to Manufacture Heavy-Duty Cranes in India

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ACE and Kato Launch ₹200 Crore Joint Venture to Manufacture Heavy-Duty Cranes in India

ACE and Kato Works have formed ACE KATO Private Limited, a 50:50 joint venture to manufacture heavy-duty cranes in India. The company will invest ₹200 crore in an 11-acre manufacturing facility in Haryana to produce trucks, crawlers, and rough terrain cranes. Combining Japanese engineering with Indian manufacturing, the venture will focus on localization, technology transfer, reduced import dependence, and exports while supporting India's growing infrastructure and industrial sectors.

Farmers Can Now Book Urea and DAP Online from Home: Rajasthan Launches New Digital Fertilizer Booking System

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Farmers Can Now Book Urea and DAP Online from Home: Rajasthan Launches New Digital Fertilizer Booking System

The Rajasthan government has launched a pilot digital fertilizer booking system in Sirohi and Rajsamand, allowing farmers to book subsidized urea, DAP, and other fertilizers online. Under the Farmer Registry-based Framework for Fertilizer Sales, digital tokens valid for 48 hours will streamline distribution, reduce queues, and curb black marketing. With 86.66 lakh Farmer IDs already created, the initiative aims to ensure transparent, efficient, and farmer-friendly fertilizer distribution across the state.

Kisan Credit Card Online: Farmers Can Now Apply for KCC from Home Through Krishika App, Know Eligibility, Documents and Complete Process

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Kisan Credit Card Online: Farmers Can Now Apply for KCC from Home Through Krishika App, Know Eligibility, Documents and Complete Process

The Central Government has launched the Krishika app, enabling farmers to apply for Kisan Credit Card (KCC) loans online without visiting bank branches. Eligible applications are targeted for approval within 15 days. Farmers need Aadhaar, land records, bank details, and other documents to apply. Managed by NABARD and connected to over 450 banks, the platform offers online tracking, faster processing, and easier access to agricultural credit.

Escorts Kubota Tractor Sales Grow 19.1% in June 2026; Q1 FY27 Sales Rise 20.5%

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Escorts Kubota Tractor Sales Grow 19.1% in June 2026; Q1 FY27 Sales Rise 20.5%

Escorts Kubota sold 13,695 tractors in June 2026, recording 19.1% year-on-year growth. Domestic sales rose 19.8% to 13,172 units, while exports increased 4.4% to 523 units. During Q1 FY27, total tractor sales climbed 20.5% to 36,862 units, driven by strong domestic demand and Kharif sowing. The company expects monsoon progress, El Niño conditions, and agricultural activity to influence tractor demand in the coming months.

Mahindra Tractor Sales Grow 12% in June 2026, Domestic Sales Reach 58,177 Units

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Mahindra Tractor Sales Grow 12% in June 2026, Domestic Sales Reach 58,177 Units

Mahindra sold 59,935 tractors in June 2026, registering 12% year-on-year growth. Domestic sales rose 12% to 58,177 units, while exports increased 8% to 1,758 units. During April, June FY27, total tractor sales reached 1,58,041 units, up 18%. Mahindra expects government support measures, including fertilizer subsidies, to help farmers manage El Niño-related risks and sustain tractor demand during the Kharif season.

VST Tillers Tractors Reports 3% Sales Growth in June 2026, Power Weeder Sales Jump 39%

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VST Tillers Tractors Reports 3% Sales Growth in June 2026, Power Weeder Sales Jump 39%

VST Tillers Tractors sold 8,107 units in June 2026, registering 3% year-on-year growth. Power tiller sales reached 6,671 units, while power weeder sales surged 39% to 1,001 units. Tractor sales declined 12.7% to 435 units. Despite the monthly drop in tractor sales, the company achieved strong year-to-date growth, with total sales rising 22.5% to 18,741 units, driven by increasing demand for farm mechanization equipment.

Goodyear India Launches Ultra Grip Tractor Tyre to Offer Better Grip, Durability, and Longer Life for Farmers

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Goodyear India Launches Ultra Grip Tractor Tyre to Offer Better Grip, Durability, and Longer Life for Farmers

Goodyear India has launched the Ultra Grip tractor tyre in Chandigarh, designed to deliver better traction, durability, and longer tyre life for Indian farmers. Featuring a deeper tread, puncture-resistant construction, and cut- and chip-resistant rubber compound, it is currently available in the 14.9-28 size, with more sizes planned. The tyre will be sold through Goodyear India's dealer network to support efficient and reliable farming operations.

Sonalika Creates New Q1 Sales Record, Sells 53,661 Tractors with 23.1% Growth, Beats Industry Performance

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Sonalika Creates New Q1 Sales Record, Sells 53,661 Tractors with 23.1% Growth, Beats Industry Performance

Sonalika and Solis recorded their highest-ever Q1 tractor sales in FY27, selling 53,661 units and registering 23.1% year-on-year growth. The company outpaced the estimated industry growth of 18.7%, crossed the 50,000-unit milestone in just three months, and emerged as the biggest domestic market share gainer. Strong farmer demand, innovation, and reliable after-sales support have positioned Sonalika for continued growth throughout FY27.

Also Read: CMV360 Weekly Wrap (22-27 June 2026): Tata's Big Moves, EV Expansion, Fleet Renewal & 100% Farmer Subsidy Updates

CMV360 Says

The week highlighted strong momentum across India's commercial vehicle and agricultural sectors, driven by robust sales, supportive government policies, and continued investments in electric mobility and farm mechanisation. From record-breaking performances by leading manufacturers to new EV initiatives and digital services for farmers, the developments reflect growing industry confidence. As FY27 progresses, demand, infrastructure expansion, and policy support are expected to continue shaping the future of mobility and agriculture in India.

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