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Ashok Leyland's Jan 24 Domestic Sales Dips by 14.36%

Posted On : 01 February, 2024

Ashok Leyland Sold 13,025 CV Sales Units in the Domestic Market

The top Indian producer of commercial vehicles, Ashok Leyland, recently released its January sales data, which showed a 12.07% drop in total sales in both the domestic and export markets.

The firm sold 13,025 commercial vehicles in January 2023, a 14.36% decrease from 15,209 units in the domestic market. Significantly, export sales increased by 247.76% from January 2023 to January 2024, with 466 units sold as compared to 134 in the previous year.

Check Commercial Vehicle Domestic Sales Data January 2024

Ashok Leyland Commercial Vehicle Sales Report, January 2024, saw a sales drop of 17%. It sold 7,581 units, compared to 9,119 units in January 2023. As a result, this CV manufacturer witnessed a decrease in sales in the M&HCV truck segment.  

Furthermore, its LCV category again experienced an 11% dip in sales. The brand sold 5,444 LCV, compared to 6,090 in Jan 2023. The Total Ashok Leyland CV Sales Report segment sold 13,025 units in January 2024, compared to 15,209 units in January 2023.  

Check Commercial Vehicle Export Sales Data January 2024

Based on the January 2024 Export CV Sales Statistics for Ashok Leyland, there was a remarkable 247.76% surge in sales. 466 units were sold in January 2024, compared to 134 in January 2023. 

Further, the LCV category reported sales of 277 units in January 2024, compared to 60 units in Jan 2023. The brand recorded an impressive sales growth of 361.67% in the LCV category. 

Furthermore, it experienced a sales surge with a remarkable 155.41% growth in the M&HCV category. Under the M&HCV vehicles, the company sold 189 units in January 2024, compared to 74 units in Jan 2023.  

Commercial Vehicle Gross (Domestic + Export) Sales Data, January 2024

In December 2023, Ashok Leyland witnessed a 12.07% decrease in Gross CV Sales, including a 15% loss in M&HCV categories and a loss of 7% in LCV. 

In Gross Commercial Vehicle Sales, 13,491 units were recorded in January 2024, compared to 15,343 in January 2023. Additionally, under the M&HCV Truck category, 7,770 CVs were sold in January 2024, compared to 9,193 CVs in Jan 2023. Within the LCV category, 5,721 CVs were sold in January 2024, compared to 6,150 CVs in Jan 2023. 

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