Ashok Leyland Anticipates SCV Sales Recovery Soon, Positive on CV Industry Growth

The Chennai based automaker's market share fell by 2.5% YoY in the SCV category in the December quarter, compared to gains registered in the first two quarters of financial year 2025. The company attributed this decline in volumes and market share to new product launches by competitors during the quarter.

12 Feb 2025 | 3726 Views | By Shahkar Abidi & Darshan Nakhwa

Ashok Leyland Ltd expects its small commercial vehicle volume and market share to normalise in the next two quarters, after seeing a contraction in the December quarter, the company's chief financial officer, KM Balaji, said today. It is also optimistic about the growth in commercial vehicle industry sales on account ...

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