Ashok Leyland Saw a 13.71% Decline in Domestic Sales for Dec 2023

Ashok Leyland Sold 13,618 CV Sales Units in the Domestic Market

Ashok Leyland, a leading Indian commercial vehicle manufacturer, released its December 2023 sales figures, indicating a 13% decline in overall sales across domestic and export markets.

In the domestic market, the company experienced a 13.71% drop, selling 13,618 commercial vehicles compared to 15,782 units in December 2022. Notably, there was a significant 64.98% increase in export sales, with 391 units sold in December 2023 compared to 237 in December 2022.

Check Commercial Vehicle Domestic Sales Data December 2023

Ashok Leyland Commercial Vehicle Sales Report, December 2023, saw a sales drop of 17%. It sold 8,379 units, compared to 10,069 units in Dec 2022. As a result, this CV manufacturer witnessed a decrease in sales in the M&HCV trucks segment.

Furthermore, its LCV category again experienced a 9% dip in sales. The brand sold 5,221 LCV, compared to 5,713 in December 2022. The Total Ashok Leyland CV Sales Report segment sold 13,618 units in December 2023, compared to 15,782 units in Dec 2022.

Check Commercial Vehicle Export Sales Data December 2023

Based on the December 2023 Export CV Sales Statistics for Ashok Leyland, there was a remarkable 64.98% surge in sales. 391 units were sold in Dec 2023, compared to 237 in December 2022. The brand recorded an impressive sales growth of 85.89% in the LCV category.

Furthermore, it experienced a sales surge with a remarkable 43.24% growth in the M&HCV category. Under the M&HCV vehicles, the company sold 106 units in Dec 2023, compared to 74 in December 2022. Further, the LCV category reported sales of 303 units in December 2023, compared to 163 units in Dec 2022.

Commercial Vehicle Gross (Domestic + Export) Sales Data, December 2023

In December 2023, Ashok Leyland witnessed a 13% decrease in Gross CV Sales, including a 16% loss in M&HCV categories and a 6 % increase in LCV.

In Gross Commercial Vehicle Sales, 14,009 units were recorded in December 2023, compared to 16,019 in December 2022. Additionally, under the M&HCV Truck category, 8,485 CVs were sold in Dec 2023, compared to 10,143 CVs in December 2022. Within the LCV category, 5,524 CVs were sold in December 2023, compared to 5,876 CVs in December 2022.

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