H. Yoo
Research expert covering South Korea
Eicher Motors - statistics & facts
The has been dominated by two-wheeler production over the past few years. In financial year 2023, two-wheelers accounted for almost 75 percent of the market. Despite having a market share of just four percent, commercial vehicles were a crucial part of the industry. In 2023, commercial vehicle sales hit a post pandemic peak, with over 960 thousand vehicles being sold. Tata Motors was the leading manufacturer of commercial vehicles that year, accounting for a share close to 40 percent.
