Dismal volumes on the M&HCV; side continued to haunt the CV segment. Tata Motors, Ashok Leyland, M&M; reported 41%, 47.2%, 36.1% YoY, respectively, drops for the month. LCV performance was a mixed bag, with M&M; faring better than Ashok Leyland. The latter's bus volumes, however, remained a silver lining, up 41.8%. VECV outperformed the other CV players, with volume decline for the month limited to 6.1% YoY. The 2-W segment turned in another poor display amid elevated inventory levels (as of December). Bellwether Hero MotoCorp registered 13.9% YoY...