The company witnessed moderate growth of 2% to 5,532 units in August 2023 in the LCV segment.
01 Sep 2023 | 12934 Views | By Autocar Professional Bureau
Manufacturer of commercial vehicles Ashok Leyland announced on Friday that total domestic wholesales for its commercial vehicles in August 2023 stood at 14,545 units, an increase of 9% in comparison to 13,301 units during the corresponding month of the previous year.
The M&HCV segment grew by 17% to 9,013 units during August ...
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Manufacturer of commercial vehicles Ashok Leyland announced on Friday that total domestic wholesales for its commercial vehicles in August 2023 stood at 14,545 units, an increase of 9% in comparison to 13,301 units during the corresponding month of the previous year.
The M&HCV segment grew by 17% to 9,013 units during August 2023, as against 7,671 units in August 2022. Furthermore, within the M&HCV segment, trucks grew by 9% to 7,709 units during August 2023 when compared against 7,051 units recorded in August 2022. Likewise, in the buses segment, the jump seems massive at 110% to 1,304 units in August 2023, compared to the low base of 620 units in August last year.
Secondly, in the LCV category, the company witnessed moderate growth of 2% to 5,532 units in August 2023 as against 5,630 units during the comparable period.