Ashok Leyland Commercial Vehicle Sales Slip 10% in September

1 Oct 2024 , 02:49 PM

Ashok Leyland, a commercial vehicle manufacturer, reported a 10% year-on-year reduction in September sales, including exports, to 17,233 units on Tuesday. According to a release, the company sold a total of 19,202 vehicles in September 2023.

Sales of medium and heavy commercial vehicles (M&HCVs), including exports, during the previous month amounted at 11,077 units, which was 13% lower than the 12,752 M&HCVs sold in September last year, it added.

The overall Light Commercial Vehicle sales (domestic and export) in September 2024 were 6,156 units, compared to 6,450 LCVs sold in the same month last year, according to the business.

Domestic sales (M&HCV+LCV) fell 12% year on year to 16,041 cars during the reporting month, down from 18,193 in September last year, a 5% drop, according to Ashok Leyland.

Ashok Leyland, the Hinduja Group’s flagship company, is India’s second largest producer of commercial vehicles, the world’s fourth largest maker of buses, and the 19th largest manufacturer of trucks.

Ashok Leyland has a well-diversified portfolio in the automotive industry. Ashok Leyland was recently voted the 34th greatest brand in India.

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